Ratos's Annual General Meeting (AGM) was held on
The AGM adopted the parent company and the consolidated balance sheets and income statements for the 2023 financial year. The AGM granted the board members and the CEO discharge from liability for the 2023 financial year.
Election of Board of Directors and Auditor etc.
The AGM followed the Nomination Committee's proposal and decided to appoint seven directors, without deputy directors, and to re-elect Board members Per-Olof Söderberg, who was also re-elected as Chairman of the Board, Tone Lunde Bakker,
The AGM further resolved in accordance with the Nomination Committee's proposal on an unchanged remuneration to the Chairman of the Board (
The AGM re-elected
Certain minor adjustments to the principles for appointing a nomination committee
The AGM followed the Nomination Committee's proposal and decided in accordance with the submitted proposal.
Dividend on Class A and Class B shares
The AGM resolved on a dividend of
Remuneration report
The AGM resolved, in accordance with the Board's proposal, to approve the remuneration report.
Incentive program
The AGM resolved, in accordance with the Board's proposal, to implement a long-term incentive program 2024/2028 for the CEO and other key employees in Ratos, consisting of convertible debentures and warrants (jointly the "Instruments"), through an issue of not more than 1,750,000 convertible debentures without preemptive rights for the shareholders and an issue of not more than 650,000 warrants without preemptive rights for the shareholders; yet, a maximum of 1,750,000 Instruments can be issued. The increase of the company's share capital can accordingly, if all the Instruments are subscribed for and converted/exercised, amount to not more than
Purchase and transfer of treasury shares
The AGM resolved to authorize the Board to decide, during the period until the next AGM, on repurchase of a maximum number of shares so that the company's holding of treasury shares does not at any time exceed ten percent of the total number of shares in the company.
Furthermore, the AGM resolved to authorize the Board to decide, during the period until the next AGM, on transfer of all held treasury shares on Nasdaq Stockholm at a price within the price band registered at any time on Nasdaq Stockholm or outside Nasdaq Stockholm, with or without deviation from the pre-emptive rights of shareholders and with or without provisions on non-cash or set-off.
Authorisation for new issue of Class B shares to be used at acquisitions
The AGM resolved to authorise the Board, during the period until the next AGM, in conjunction with agreements on company acquisitions, on one or several occasions, with or without deviation from the pre-emptive rights of shareholders, for a cash payment or through set-off or non-cash, to decide on a new issue of Class B shares in the Company. This authorisation comprises a maximum of 35 million Class B shares.
Complete information about the AGM's resolutions is available on Ratos's website: www.ratos.com.
For further information, please contact:
Per-Olof Söderberg, Chairman of the Board
Phone: +46 8 700 17 00
Phone: +46 8 700 17 00
The information was submitted for publication at
About Ratos
Ratos is a Swedish business group focusing on technological and infrastructure solutions, consisting of 17 companies divided into three business areas: Construction & Services, Industry and Consumer. The companies have approximately
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