At the Annual General Meeting (AGM) of Fabege AB on 31 March 2009 the shareholders approved the Board’s proposal for a 2008 dividend of SEK 2.00 per share. The record date for payment of the dividend was set at 3 April 2009. It is expected that the dividend will be paid through Euroclear Sweden AB on 8 April 2009.
The AGM approved the Board’s proposal for principles of remuneration and other terms of employment for senior management. The shareholders decided to authorise the Board, up to the time of the next AGM, to acquire and transfer the company’s own shares, as proposed by the Board.
The AGM decided to re-elect the Directors Göte Dahlin, Christian Hermelin, Sven-Åke Johansson, Märtha Josefsson, Mats Qviberg, Erik Paulsson and Svante Paulsson. Arne Berggren was elected as a new Director of the Board. Erik Paulsson was re-elected as Chairman of the Board. Deloitte AB was re-elected as auditors, with Svante Forsberg as chief auditor.
The AGM also decided to approve the payment of Directors’ fees, the same amounts as last year, totalling SEK 2,445,000, to be distributed as follows: SEK 375,000 to the Chairman of the Board, SEK 185,000 to each non-executive Director, SEK 835,000 to Erik Paulsson as a separate fee for assisting Group management in two projects and SEK 125,000 for work in the Audit Committee. It was decided that auditors’ fees should be paid in accordance with the approved invoice(s). The AGM decided that the principles for the appointment of a Nomination Committee for the 2010 AGM remain unchanged, i.e. that a Nomination Committee be appointed no later than six months before the 2010 AGM and consist of representatives for the four largest shareholders.
Fabege AB (publ)
For further information, please contact:
Christian Hermelin, CEO, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25
Åsa Bergström, CFO, phone +46 (0)8-555 148 29, +46 (0)70-666 13 80
Mats Berg, Director of Communications and Investor Relations, phone +46 (0)8-555 148 20, +46 (0)733-87 18 20
Fabege AB (publ) discloses the information in this press release according to the Swedish Securities Markets Act and/or the Swedish Financial Trading Act. The information was submitted for publication at 18:30 on 31 March 2009.