The information provided herein is such that AB Industrivärden (publ) is obligated to disclose pursuant to the Securities Market Act (SFS 2007:528) and/or the Financial Instruments Trading Act (SFS 1991:980). Submitted for publication at 4:30 p.m. on May 4, 2012.
PRESS RELEASE
Communiqué from Industrivärden's 2012 Annual General Meeting
Industrivärden's Annual General Meeting was held on May 4, 2012, at the Grand Hotel in Stockholm, whereby the following resolutions were made, among other things.
- The Annual General Meeting set the dividend at SEK 4.50 per share (4.00). The record date for payment of the dividend was set at May 9. Dividends are expected to be paid out via Euroclear Sweden AB on May 14.
- Christian Caspar, Boel Flodgren, Stuart Graham, Hans Larsson, Fredrik Lundberg, Sverker Martin-Löf and Anders Nyrén were re-elected as directors on Industrivärden's board. Sverker Martin-Löf was re-elected as Chairman of the Board.
- The Annual General Meeting voted in favour of the Board's partially adjusted proposal to introduce a long-term share savings program for a combined maximum of 25 employees of the Industrivärden Group. The share savings program, which will cover a maximum of 125,000 Industrivärden Class C shares, is a new form of long-term variable salary and thereby takes the place of the previous, cash-based incentive program. The program is part of an overall, market-based compensation package in which the employees receive matching shares after three years provided that they have invested a certain portion of their fixed salary in Industrivärden shares and are still employed at the time of the matching. The program aims to encourage equity ownership among Industrivärden's employees and thereby emphasizes longterm shareholder value.
Information about the Annual General Meeting is available from the Company and on Industrivärden's website: www.industrivarden.net under Corporate Governance/Annual General Meeting.
Stockholm, Sweden, May 4, 2012
AB INDUSTRIVÄRDEN (publ)
For further information, please contact: Sverker Sivall, Communications Manager, Industrivärden, tel. +46-8-666 64 00