Qliro Group AB (publ.): Annual General Meeting 2016
STOCKHOLM–(BUSINESS WIRE)–Regulatory News:
Qliro Group AB (publ) (STO:QLRO) today announced that the Annual General
Meeting of Qliro Group’s shareholders (the “AGM”), held today in
Stockholm, voted to support all of the resolutions that the Board and
the Nomination Committee proposed to the AGM.
The AGM adopted the income statement, the balance sheet, the
consolidated income statement and the consolidated balance sheet for
2015.
The AGM approved that the retained earnings, the share premium reserve
and the result for the year, corresponding to a total of SEK
885,161,017.75 be carried forward.
The AGM discharged the Board and the CEO from liability for 2015.
The AGM re-elected Patrick Andersen, Lorenzo Grabau, Lars-Johan
Jarnheimer, David Kelly, Daniel Mytnik and Peter Sjunnesson as directors
of the Board and elected Caren Genthner-Kappesz as new director of the
Board. Furthermore, Lars-Johan Jarnheimer was re-elected as Chairman of
the Board.
The AGM approved to re-elect the auditing firm KPMG AB as the company’s
auditor for the period until the end of 2017 Annual General Meeting.
Cronie Wallquist will continue as auditor-in-charge.
The AGM approved remuneration for the Board and the auditor and
procedure for the Nomination Committee.
The AGM approved the guidelines for remuneration for senior executives
as well as the principles and scope for a performance share plan with a
similar structure as the long-term incentive plans adopted in 2011-2015,
a new synthetic call option plan based on the underlying value growth in
Qliro Group’s subsidiary/business unit Qliro Financial Services, and to
transfer own shares to the participants in accordance with the
conditions of the plans.
The AGM also resolved on hedging arrangements for the programmes,
comprising authorisations for the Board to resolve on a new issue of no
more than 9,000,000 class C shares and re-purchase of all class C shares
in the company.
The AGM authorised the Board to pass a resolution on one or more
occasions for the period up until the next Annual General Meeting to
repurchase so many of the company’s own ordinary shares that Qliro
Group’s holdings do not at any time exceed 10 per cent of the total
number of issued shares in Qliro Group.
The AGM resolved to amend the articles of association, including, among
other things, that the auditor’s term of office is changed from four (4)
to one (1) year.
At a statutory meeting of the Board of Directors following the AGM, the
Audit and Remuneration Committees were appointed. Peter Sjunnesson was
appointed Chairman of the Audit Committee, while David Kelly and Daniel
Mytnik were appointed as Audit Committee members. Lorenzo Grabau was
appointed Chairman of the Remuneration Committee, while Patrick Andersen
and Caren Genthner-Kappesz were appointed as Remuneration Committee
members.
The information in this announcement is such that Qliro Group AB (publ)
is required to disclose under the Swedish Securities Markets Act and/or
the Financial Instruments Trading Act. This information was released for
publication at 18:00 CET on 23 May 2016.
About Qliro Group
Qliro Group is a leading e-commerce group in the Nordic region. Since
the start in 1999, the Group has expanded and broadened its product
portfolio and is now a leading e‐commerce player in consumer goods and
lifestyle products through CDON.com, Lekmer, Nelly (Nelly.com,
NLYman.com, Members.com), Gymgrossisten
(Gymgrossisten.com/Gymsector.com, Bodystore.com, Milebreaker.com) and
Tretti. The group also comprises the payment solution Qliro. In 2015,
the group generated over five billion SEK in revenue. Qliro Group’s
shares are listed on Nasdaq Stockholm’s Mid-cap list under short name
“QLRO”.
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Contacts
Qliro Group
Paul Fischbein, CEO
Tel: +46 (0)10 703 20 00
or
Questions
from media, investors and research analysts:
Erik Löfgren, Head of
Communications
Tel: +46 (0) 700 80 75 06
E-mail: press@qlirogroup.com,
ir@qlirogroup.com
www.qlirogroup.com
