Today, Wednesday
Allocation of the company's results and discharge from liability
The meeting resolved that no dividend shall be paid for the financial year 2020, and that the company's result shall be carried forward.
Furthermore, the meeting resolved on discharge of the members of the board of directors and the managing director from liability for the financial year 2020.
Appointment of and fees payable to members of the board of directors and auditor
The meeting resolved that the board of directors shall consist of six members with no deputies.
Moreover, the meeting resolved on remuneration to the board of directors amounting to
The meeting also resolved to re-elect Öhrlings
Nomination committee, remuneration guidelines and remuneration report
The meeting further resolved on nomination committee procedures and on remuneration guidelines for senior executives in accordance with the proposals set forth in the notice convening the meeting. The meeting also resolved to approve the boards of directors' remuneration report.
Issue authorization
The meeting further resolved, in accordance with the board's proposal, to authorize the board, on one or several occasions and for the period up to the next annual general meeting, to resolve to issue new shares, with or without deviation from the shareholders' pre-emptive rights. The total number of shares that may be issued under the authorization must not amount to more than 20 percent of the total number of shares outstanding in the company following exercise of the authorization. A new issue may be made with or without provisions concerning non-cash consideration, set-off or other provision.
The purpose of the authorization is to enable the company to, in accordance with the company's established acquisition strategy, finance acquisitions with own shares and to provide the board of directors with increased flexibility in the work with the company's capital structure. Issuances of new shares under the authorization shall be made on market terms and conditions.
Incentive program
The meeting finally resolved to implement a new long-term incentive program for certain senior executives, CEOs and key individuals, through the issue of not more than 1,200,006 warrants the company's wholly owned subsidiary for subsequent transfer to current and future employees in the group. The warrants are transferred at a price per warrant subscribed for amounting to the warrant's market value at the time of the transfer, calculated pursuant to the Black & Scholes warrant valuation model. Each warrant entitles to subscription for one new share in the company at a subscription price corresponding to 130 percent of the volume-weighted average share price during the five-day period preceding the annual general meeting 2021. Subscription for new shares by virtue of the warrants shall be made during the period
For more information, please contact:
Tel: +46 (0)709 32 43 00. E-mail: adam.schatz@bhggroup.se
Tel: +46 (0)70 605 63 34. E-mail: johan.hahnel@bhggroup.se
The information was submitted for publication, through the agency of the contact persons set out above, at
About BHG
BHG is the number 1 consumer e-commerce company in the Nordics. In addition to our Nordic operations, we also have a significant presence in the rest of
The Group includes over 100 online sites - including sites like www.bygghemma.se, www.trademax.se, www.chilli.se, www.furniturebox.se and www.nordicnest.se - and over 70 showrooms. We are headquartered in Malmö,
The BHG brands employ more than 2,000 people, working every day to create the ultimate online shopping experience by combining an unbeatable product range with smart technology, leading product expertise and a broad range of services.
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https://mb.cision.com/Main/16507/3340836/1413109.pdf
https://news.cision.com/bhg-group-ab/i/agm-2021,c2909471
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