At the Annual General Meeting in Atrium Ljungberg held on 25 March 2021 it was resolved to adopt the Annual Report for the financial year 2020. It was also resolved to discharge the members of the Board of Directors and the CEO from liability in respect of the financial year 2020.
The General Meeting resolved on a dividend to the shareholders in the amount of SEK 5.05 per share. The record date for the distribution is 29 March 2021. The dividend is expected to be paid via Euroclear Sweden AB on 1 April 2021.
The General Meeting resolved that the Board of Directors for the period until the end of next Annual General Meeting shall consist of six ordinary members. It was resolved to re-elect the following members of the Board of Directors: Johan Ljungberg, Simon de Château, Conny Fogelström, Erik Langby, Sara Laurell and Gunilla Berg. Johan Ljungberg was re-elected as Chairman of the Board of Directors.
The following persons will constitute the Nomination Committee for the Annual General Meeting 2022: Per-Erik Hasselberg (appointed by the Holmström family), Lars Ericson (appointed by Konsumentföreningen Stockholm), Hans Hedström (appointed by Carnegie Fonder), Johan Ljungberg (appointed by the Ljungberg family) and Ilkka Tomperi (appointed by Ömsesidiga arbetspensionsförsäkringsbolaget Varma).
The Annual General Meeting approved the Board of Directors’ report on remunerations for the financial year 2020.
The Annual General Meeting resolved to authorize the Board of Directors during the period until the next Annual General Meeting, to resolve on share issues in kind of a maximum of 13.3 million Class B shares, corresponding to a dilution of approximately 10.0 per cent of the share capital and approximately 7.9 per cent of the votes.
The Annual General Meeting resolved to authorize the Board of Directors, during the period until the next Annual General Meeting, to resolve on repurchasing so many Class B shares that the Company’s holding at no time exceeds 10 per cent of all shares in the Company. Furthermore, the General Meeting resolved to authorize the Board of Directors until the next Annual General Meeting, to resolve on the transfer of own Class B shares. Transfers may be conducted on or outside Nasdaq Stockholm, including a right to resolve upon deviations from the shareholders’ preferential rights. The transfer of shares outside Nasdaq Stockholm shall be made at a price in cash or value in property received that in all material respect corresponds to the share price at the time of the transfer of the Class B shares in the Company.The Annual General Meeting also resolved to include provisions on collection of proxies and absentee ballot in § 9 of the Articles of Association.A speech by the CEO Annica Ånäs, in which she comments the Company’s operations, is available on the Company’s website, www.al.se (in Swedish).
The Board has decided to repurchase own shares
At the constituent board meeting following the Annual General Meeting, the Board of Directors of Atrium Ljungberg resolved to utilize the authorization for repurchase of own shares granted at the Annual General Meeting. Repurchases can only be made of Class B shares in Atrium Ljungberg, on one or more occasions, but not later than the Annual General Meeting 2022. In total, Atrium Ljungberg can only repurchasing so many Class B shares that the Company’s holding at no time exceeds 10 per cent of all shares in the Company. Atrium Ljungberg currently holds 6,529,000 Class B shares. Acquisitions can only take place at a price within the price range registered at any given time, i.e. the range between the highest bid price and the lowest offer price. Payment for shares repurchased shall be in cash. The purpose of the repurchases of shares is to give the Board of Directors greater scope to act when working with the Company’s capital structure and thereby contribute to increased shareholder value.
Nacka, 25 March 2021
Atrium Ljungberg AB (publ)
The Board of Directors