Regulatory press releases

On this page, you can find Byggmax’s regulatory press releases, i.e. press releases containing financial information that may affect the share price. Other press releases can be found under the heading non regulatory press releases.

9 May 2018
Byggmax Group AB (publ) 2018 Annual General Meeting
Press release 2018-05-09 at 3 pm
The Annual General Meeting of Byggmax Group AB took place on Wednesday, May 9, 2018 in Stockholm, Sweden. On all the motions proposed, the meeting resolved in line with the Board’s and the Nomination Committee’s proposals. The main contents of key resolutions passed at the meeting are detailed below. 
Resolution on dividend

The Annual General Meeting (AGM) resolved to pay a dividend of SEK 2.50 per share for the 2017 fiscal year. The proposed record date for payment of the dividend is Monday, May 14, 2018. Payment of the dividend is expected to be effected by Euroclear Sweden AB on Wednesday, May 17, 2018.

Resolution regarding adoption of the income statement and balance sheet

The AGM resolved to adopt the income statement and balance sheet for the Parent Company as well as the consolidated income statement and consolidated balance sheet for 2017. The Board of Directors and President were discharged from liability for the 2017 fiscal year.
Election of Board of Directors, Chairman of the Board and auditors

The AGM resolved in accordance with the proposal of the Nomination Committee for re-election of Board members Anders Moberg, Lottie Svedenstedt, Hannele Kemppainen, Daniel Mühlbach, Ullrika Eliasson and Mikael Norman. Furthermore, Per Strömberg was elected as a new Board member. Anders Moberg was re-elected as Chairman of the Board.

The AGM resolved in accordance with the proposal of the Nomination Committee to appoint the registered accounting firm Öhrlings PricewaterhouseCoopers AB as the company’s auditors until the end of the next AGM.

Resolution pertaining to directors’ and auditors’ fees

The AGM resolved in line with Nomination Committee’s proposal that directors’ fees totaling SEK 2,490,000 be allocated as follows: a fee of SEK 600,000 to the Chairman of the Board and a fee of SEK 285,000 to each of the other Board members. Fees of SEK 100,000 to the Chairman and SEK 40,000 to each of the two other members of the newly established Audit Committee were adopted.

Fees to auditors are payable against approved invoices.

Resolution on principles for appointing the Nomination Committee

The AGM resolved to adopt the principles for appointing the Nomination Committee, which in effect mean that the company’s three major shareholders at August 31 are each entitled to appoint one member of the Committee.

Resolution on guidelines for the remuneration and other terms of employment for senior executives

The AGM resolved to adopt the Board’s proposal for guidelines for the remuneration and other terms of employment for senior executives, which essentially means that salaries and other terms of employment for senior executives must be competitive and compatible with market rates.

This information is information that Byggmax Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted through the agency of the following contact person for publication on May 9, 2018 at 3:00 p.m.
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