Among the resolutions passed by the meeting were:
- The annual general meeting resolved in accordance with the proposal from the board, on a dividend to the shareholders of SEK 0.50 per share, in total SEK 6,332,491, and that the remaining disposable earnings shall be carried forward in new account. The record day for the dividend is May 2nd and the dividend is estimated to be sent out by Euroclear Sweden AB starting Wednesday, 7 May, 2014.
- The members of the board and the CEO were discharged from liability for fiscal year 2013.
- The income statement and balance sheet, as well as the consolidated income and consolidated balance sheet, were adopted.
- The board fee was set to remain at SEK 320,000 for the chairman and SEK 160,000 for other members who are not employees of the company. Furthermore the chairman of the board of directors´ audit committee shall be paid remuneration until the end of the next annual general meeting, amounting to SEK 30,000 (SEK 30,000 previous year).
- Petter Stillström, Thomas Thuresson, Henrik Lange, Lotta Stalin, Bengt Engström and Gösta Johannesson were re-elected as members of the board. Heléne Mellquist was new-elected as member of the board. Heléne Mellquist was born 1964, holds a Master of Science in Business and Economics degree from the University of Gothenburg, and has also undergone the Executive Program at Stockholm School of Economics IFL. Currently Heléne manages the Industrial Shipping business area and has been employed in TransAtlantic since 2012. Heléne has also acted as CFO for TransAtlantic during three quarters in 2012. Her background comprises a 20 year-period of different finance- and management positions within the Volvo group, most recently as CFO and Vice President of an international division of Volvo Trucks. She is also a board member of Sveriges Redareförening (Swedish shipping trade organization). Heléne does not have any other assignments in the company and does not hold any shares or other financial instruments in the company. Bengt Engström was new-elected as Chairman of the Board. PricewaterhouseCoopers AB was re-elected as the company's accounting firm with Magnus Willfors as principal auditor. It was resolved that audit fees will be payable in accordance with approved invoices.
- Proposed guidelines were adopted governing remuneration for management, implying that the main principle is to offer the management competitive remuneration and employment conditions. For full terms and conditions, please go to www.partnertech.com
- The meeting authorized the board to reach decisions concerning one or more issues prior to the next annual general meeting of no more than 1,266,490 new shares, with or without deviation from the preferential rights of shareholders, representing dilution of just under 10% of share capital and total number of votes. The purpose of the authorization is to enable acquisitions.
- It was noted that all the decisions were unanimous.
For more information, please contact:
Leif Thorwaldsson, President and CEO, Tel: +46 (0) 40 10 26 41
Åke Bengtsson, CFO, Tel: +46 (0) 40 10 26 42
PartnerTech AB is obligated to make the disclosures in this report public pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for public disclosure at 5 pm on April 28th, 2014.
About PartnerTech
As a global industrial partner PartnerTech offers customized solutions throughout the product lifecycle, from product development to manufacturing and aftermarket services, in a number of market areas such as MedTech and Oil&Gas. With approximately 1,400 employees at its plants in Sweden, Norway, Finland, Poland, the UK, the United States and China, PartnerTech reports annual sales of more than SEK 2.2 billion. PartnerTech AB , the parent company, has its head office in Malmö, Sweden, and is listed on the Nasdaq OMX Stockholm Exchange. For more information www.partnertech.com.
