Kungsleden’s Annual General Meeting was held on Tuesday April 25, 2017 at 2.00 p.m. at Kungsleden’s head office in Stockholm.
The Meeting approved the Board of Director’s proposed dividend of SEK 2.00 per share. The record date was set as April 27 and the dividend is scheduled for disbursement by Euroclear Sweden AB on 3 May 2017.
In her address to the AGM, Chief Executive Officer Biljana Pehrsson reviewed the financial year 2016 and the first quarter of 2017. The Chief Executive Officer’s address was recorded on video, and will be available at Kungsleden’s website, www.kungsleden.se.
The AGM discharged the Board members and Chief Executive Officer from liability for the financial year 2016.
The Meeting resolved that the Board of Directors shall have seven members.
The following Board members were re-elected: Charlotte Axelsson, Joachim Gahm, Liselotte Hjorth, Göran Larsson, Kia Orback Pettersson and Charlotta Wikström. Ingalill Berglund was elected as new member of the Board. Göran Larsson was also re-elected as Chairman of the Board.
Lars Holmgren has declined re-election.
The Meeting appointed Göran Larsson, proposed by Gösta Welandson and companies; also Chairman of the Board, Eva Gottfridsdotter-Nilsson, proposed by Länsförsäkringar Asset Management, Krister Hjelmstedt, proposed by Olle Florén and companies and Martin Jonasson, proposed by AP2 (the Second Swedish National Pension Fund) as members of the Nomination Committee.
The Meeting adopted the Board of Directors’ proposal on remuneration guidelines for senior executives.
The Meeting approved the Board of Directors’ proposal to authorise the Board to make decisions on one or more occasions for the period up until the next AGM, to repurchase that total number of shares so that the company’s holdings do not exceed ten per cent of all the shares of the company at any time. Repurchases of shares shall be on Nasdaq Stockholm, and may only be executed at a price within the quoted price interval on each occasion, which means the interval between the highest bid price and lowest offer price. The purpose of this authorisation is for the Board to attain the flexibility to enable decision-making regarding an altered capital structure on a continuous basis, and thus contribute to increased shareholder value.
The Meeting approved, in accordance with the Board of Directors’ proposal, to elect Ernst & Young AB as auditors for the period until the close of the next Annual General Meeting. Ernst & Young AB will appoint the Authorised Public Accountant Ingemar Rindstig as auditor in charge.Regulatory
For more information, please contact:
Göran Larsson, Chairman of the Board | 46 (0)70 633 8590.
Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se/pressmeddelanden
The information was provided for public release on 25/4 2017 04.00 p.m..
Kungsleden is a long term property-owner that provides attractive, functional premises that enrich people’s working days. We create value by owning, managing and developing offices and other commercial properties in Stockholm and Sweden’s other growth regions. A large portion of our properties belong to attractively located clusters where we also engage in the development of the whole area. Kungsleden’s goal is to deliver an attractive total return on our properties and for our shareholders. Kungsleden is listed on NASDAQ Nordic Large Cap.