Net Entertainment NE AB (publ) Annual General Meeting
At Net Entertainment NE AB’s annual general meeting on Wednesday April 29, 2015
the following was resolved.
Adoption of financial statements and dividend
The meeting adopted the income statement and balance sheet along with the
consolidated income statement and balance sheet and resolved that no dividend
is to be paid for the financial year 2014. Please note the section regarding
share split and automatic redemption procedures below.
Board of Directors
The Board of Directors and the President and CEO were discharged from liability
for the financial year 2014. The meeting resolved on re-election of Vigo
Carlund, Fredrik Erbing, Mikael Gottschlich, Peter Hamberg, Pontus Lindwall,
Michael Knutsson and Maria Redin and new election of Jenny Rosberg. Vigo
Carlund was elected chairman of the Board. It was decided that remuneration for
the Board of Directors shall be SEK 610,000 for the chairman and SEK 255,000
for each of the members of the board elected by the annual general meeting who
are not employees of the company and addition thereto, remuneration to the
chairman of the audit committee shall be SEK 75,000. Remuneration for the
auditor shall be in accordance with approved invoice.
Nominating Committee
The AGM decided that the nominating committee shall be formed during October
2015 after consultation with the largest shareholders as per August 31 2015.
The mandate period shall run from the release of the interim report for the
third quarter 2015 until the next nominating committee is formed.
The chairman of the Board of Directors shall be a member of the nominating
committee and is responsible for summoning the nominating committee. In
addition to the chairman of the Board of Directors, the nominating committee
shall consist of three members.
Guidelines for remuneration to senior executives
The meeting resolved to adopt the Board of Directors’ proposal regarding
guidelines for remuneration to senior executives.
Change in the Articles of Association
The meeting resolved to adopt the Board of Directors’ proposal to change §1 of
the Articles of Association to: “The name of the company is NetEnt AB (publ)”.
Share split and automatic redemption procedures
The meeting resolved to adopt the Board of Directors’ proposal regarding share
split and automatic redemption procedures, resulting in a value transfer to the
shareholders corresponding to SEK 5.00 per share. In the statutory meeting
following the general meeting the Board of Directors resolved, in accordance
with the mandate from the general meeting, the record day for the share split
to be May 12, 2015 and the record day for redemption of redemption shares to be
June 3, 2015.
Incentive program comprising of issuance of warrants to employees
The meeting resolved to adopt the Board of Director’s proposal regarding an
incentive program comprising of issuance of warrants to employees.
The complete resolutions
The minutes for the annual general meeting including the complete resolutions
as per above will be available shortly on the company’s website. In addition,
there is an information brochure regarding the splitting of shares and
automatic redemption procedures on the website www.netent.com/agm.
For additional information please contact:
Maria Hedengren, CFO NetEnt; Phone +46 8 57 85 45 00
maria.hedengren@netent.com
About Net Entertainment
NetEnt, Net Entertainment NE AB (publ) is a leading digital entertainment
company, providing premium gaming solutions to the world’s most successful
online casino operators. Since its inception in 1996, NetEnt has been a true
pioneer in driving the market with thrilling games powered by a cutting-edge
platform. NetEnt is committed to helping customers stay ahead of the
competition, is listed on Nasdaq Stockholm (NET–B) and employs more than 600
people in Stockholm, Malta, Kiev, Gothenburg and Gibraltar. www.netent.com