Bulletin from the AGM of Handicare Group AB (publ)
At Handicare Group´s Annual General Meeting (AGM), which was held on May 8 2018 in Stockholm, the following principal resolutions were passed.
Adoption of the income statements and balance sheets, and resolutions on dividend and discharge of liability The income statements and balance sheets for the company and the group were adopted, together with the Board of Director´s proposal for appropriation of the company´s profit. The dividend was determined to SEK 0.50 per share, with May 11 2018 as the record date. The estimated date for payment of the dividend is May 16 2018. The Board of Directors and the CEO were discharged from liability for the financial year 2017.
Board of Directors, remuneration to the Board members, auditor and Nomination Committee In accordance with the Nomination Committee´s proposal, the AGM resolved that the Board of Directors shall consist of seven members elected by the meeting and no deputies. The AGM further resolved, in accordance with the Nomination Committee´s proposal, that the fees to the Board members shall amount to SEK 180,000 each. The fee to the Chairman of the Board shall amount to SEK 450,000. For Committee work, it was resolved that a remuneration of SEK 100,000 shall be paid to the Chairman of the Audit Committee and a remuneration of SEK 50,000 to each other member. The remuneration to the Chairman of the Remuneration Committee shall amount to SEK 50,000 and to the other members SEK 25,000. The fee to the auditors should be paid in accordance with approved invoices.
In accordance with the Nomination Committee´s proposal, the AGM resolved on re-election of Lars Marcher, Joakim Andreasson, Maria Carell, Johan Ek, Elisabeth Thand Ringqvist and Claes Magnus Åkesson and Jonas Arlebäck as new member of the Board. Lars Marcher was re-elected as the Chairman of the Board.
The AGM resolved, on re-election of Ernst & Young AB as the company´s auditor, with authorized public accountant Stefan Andersson Berglund as auditor in charge.
The AGM also resolved, to change the instructions for the Nomination Committee on two items, in accordance with the proposal
Guidelines for remuneration to senior executives The AGM approved the guidelines for remuneration to senior executives proposed by the Board of Directors.
For information, pls contact:
Boel Sundvall, Investor Relations Tel: +46 723 747 487
Handicare offers solutions to increase the independence of disabled or elderly people, and to facilitate for their care providers and family. The offering encompasses a comprehensive range of curved and straight stairlifts, transfer, lifting and repositioning aids, vehicle adaptations and medical equipment. Handicare is a global company with sales in more than 20 countries and is a market leader in this field. The head office is in Stockholm, Sweden and manufacturing is located at six sites distributed across North America, Asia and Europe. In the 12-month period to March 2018, revenue amounted to MEUR 283 and the adjusted EBITA margin was 8.7%. Employees numbered around 1,200 and the share is listed on Nasdaq Stockholm. For more information, see www.handicaregroup.com.