At the Annual General Meeting in Arla Plast AB (the "Company") on May 19, 2022 the following resolutions were made. All resolutions were in accordance with the proposals, which are described in detail in the AGM documents which are available on the company's website, www.arlaplastgroup.com.
Adoption of the income statements and balance sheets
The AGM resolved to adopt the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet for the 2021 financial year.
Resolution regarding appropriation of the Company's profit pursuant to the adopted balance sheet
It was resolved that the available profits of in total SEK 201,057,530 at the disposal of the Annual General Meeting, be disposed of so that SEK 1.50 per share, corresponding to a total of SEK 30,000,000 is distributed to the shareholders and that the remaining amount is carried forward.
It was further resolved that May 23, 2022, shall be the record date for dividends. The estimated date for payment of the dividend through Euroclear Sweden AB, to those who are recorded in the share register on the record date, is May 27, 2022.
Discharge from liability
The AGM discharged the members of the Board of Directors and the CEO from liability vis-à-vis the company for management of the company in 2021.
Election of Board members and auditors
It was resolved that the number of Board members elected by the General Meeting shall be a total of seven Board members without deputies. It was resolved to re-elect of the Board members Kenneth Synnersten, Sten Jakobsson, Ola Salmén, Leif Nilsson, Jan Synnersten, Ulf Hedlundh and Annelie Arnbäck for the period until the end of the Annual General Meeting 2023.
It was resolved to re-elect Kenneth Synnersten as Chairman of the Board.
It was resolved that a registered auditing company should be elected as auditor. The AGM resolved to re-elect the registered auditing company Ernst & Young AB as the Company's auditor for the period until the end of the Annual General Meeting 2023. The authorized public accountant Johan Eklund will remain as auditor in charge.
Fees to the Board members and to the auditorsIt was resolved on the following fees:
- SEK 400,000 to the Chairman of the Board and SEK 220,000 to each of the other Board members elected by the Annual General Meeting and not employed by the Company.
- SEK 70,000 to the Chairman of the Audit Committee and SEK 40,000 to each of the other members of the Audit Committee.
- SEK 40,000 to the Chairman of the Remuneration Committee and SEK 25,000 to each of the other members of the Remuneration Committee.
It was resolved that the fees to the Company's auditor be paid according to approved invoice.
Approval of remuneration report
It was resolved to approve the Board of Directors' report regarding remuneration pursuant to Chapter 8, Section 53 a of the Swedish Companies Act.
Resolution on authorization for the Board to resolve upon issues of shares
It was resolved to authorize the Board of Directors on one or more occasions, during the period until the next Annual General Meeting, to resolve to issue shares, with or without deviation from shareholders' preferential rights. By virtue of the authorization, the Board of Directors may decide to issue a maximum of 2,000,000 new shares, corresponding to a maximum of the (10) percent of the total number of outstanding shares. In addition to payment in cash, payment may be made in kind or by set-off, or otherwise subject to conditions.
If the Board decides on a new share issue with deviation from the shareholders' preferential rights, its purpose shall be to enable the Company to fully or partially finance an acquisition by issuing shares as payment in connection with an acquisition agreement, or to raise capital for such an acquisition. New issues of shares made with deviation from the shareholders' preferential rights shall occur at a subscription price in accordance with market conditions, including a discount in accordance with market conditions where applicable.
For further information, please contact:
Boel Sundvall, IR
Tel: +46 705 60 60 18
About Arla Plast
Arla Plast is a producer and supplier of extruded sheets made of technical plastics. The plastic sheets are made of polycarbonate (PC), acrylonitrile butadiene styrene (ABS) and glycol-modified polyethylene terephthalate (PETG) and have a large number of areas of application, such as safety products, machine safety, ice hockey rinks, greenhouses, pool covers, sound walls, protective barriers (for COVID-19), suitcases, vehicle components and various construction-related areas of application. The company was founded in 1969 and has its headquarter in Borensberg, Sweden. Arla Plast is listed on Nasdaq Stockholm, small cap segment. For more information about Arla Plast, see www.arlaplastgroup.com.