Täby, 4 May, 2016 – The Annual General Meeting (AGM) of Mycronic AB (publ) on 3
May, 2016 dealt with the following items among others:
Election of Board members
The AGM decided that the Board of Directors for the period running until the end
of the next AGM shall be composed of six members with no deputy members. The AGM
re-elected Board members Katarina Bonde, Ulla-Britt Fräjdin-Hellqvist, Magnus
Lindquist and Patrik Tigerschiöld and elected Per Holmberg and Stefan Skarin as
new members of the Board. Patrik Tigerschiöld was elected Chairman of the Board.
Remuneration to the Board of Directors
The AGM decided that the remuneration to the Board of Directors amount to SEK
1,705,000 for the period running until the end of the next AGM, of which SEK
550,000 concern remuneration to the Chairman of the Board and SEK 220,000
concern remuneration to each of the other Board members. In addition, the AGM
decided on remuneration to the Chairman of the audit committee amounting to SEK
55,000.
Election of auditor
The AGM decided on election of EY as auditor for the period running until the
end of the next AGM with the Authorized Public Accountant Erik Sandström as
responsible auditor.
Disposition of accumulated results
The AGM decided that the Parent Company’s retained earnings and non-restricted
equity be managed according to the proposal of the Board of Directors.
Dividend
The AGM decided on an ordinary dividend of SEK 1.50 per share, a total of SEK
146.9 million. The AGM also decided on an extraordinary dividend of SEK 2.50 per
share, a total of SEK 244.8 million. The total dividend of SEK 4.00 per share
amounts to SEK 391.7 million. The record day is 6 May and date for payout 11
May.
Composition of nomination committee
The AGM decided to approve that the nomination committee for the 2017 AGM
consists of three members representing the three largest or otherwise known
shareholders at the end of August and the Chairman of the Board, a total of four
persons.
Principles for remuneration for senior executives
The AGM decided to approve the Board’s proposal regarding principles for
remuneration and other terms of employment for senior executives.
Authorization for new share issue
The AGM decided to approve the Board’s proposal that the Board is authorized to,
on one or several occasions during the period up until the next AGM, decide on a
new share issue, with deviations from the shareholders’ preferential rights. The
issue price shall be based on market practice and the number of issued shares
may at the most correspond to ten percent of the total amount of outstanding
shares.
Authorization to repurchase the company’s own shares
The AGM decided to approve the Board’s proposal that the Board is authorized to,
on one or several occasions during the period up until the next AGM, repurchase
the company’s own shares. Acquisition may only be made of such amount of shares
that the company’s holding of own shares at each time does not supersede three
percent of all shares in the Company. Acquisitions of shares may only be made on
NASDAQ Stockholm at a price within the, at each time registered, price interval
at the marketplace.
Contacts at Mycronic:
Lena Olving
President & CEO
Tel: +46 8 638 52 00
lena.olving@mycronic.com
Per Ekstedt
CFO
Tel: +46 8 638 52 00
per.ekstedt@mycronic.com
About Mycronic AB
Mycronic AB is a Swedish high-tech company engaged in developing, manufacturing
and marketing of production equipment for the electronics industry. Mycronic
headquarters are located in Täby, north of Stockholm and the Group has
subsidiaries in China, France, Germany, Japan, Singapore, South Korea, the
Netherlands, United Kingdom and the United States. For more information see our
web site at: www.mycronic.com
Mycronic AB (publ) is listed on NASDAQ Stockholm, Mid Cap: MYCR.
The information is of the type that Mycronic is required to disclose under the
Financial Instruments Trading Act and/or the Swedish Securities Markets Act. The
information was submitted for publication on 4 May, 2016.
