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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Tele2 AB (publ)    TEL2 B   SE0005190238

TELE2 AB (PUBL)

(TEL2 B)
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Tele2 : Nomination Committee Convened

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09/22/2020 | 12:46pm EDT

Stockholm - In accordance with Tele2 AB's ("Tele2") (Nasdaq Stockholm: TEL2 A and TEL2 B) procedures for the Nomination Committee as decided by the 2018 Annual General Meeting, Georgi Ganev, representing Kinnevik AB, has convened a Nomination Committee which had its first meeting earlier today. The committee consists of members appointed by the three largest shareholders in terms of voting interest in Tele2 who have wished to appoint a committee member.

The Nomination Committee comprises Anna Stenberg, appointed by Kinnevik AB, John Hernander, appointed by Nordea Fonder, and Jan Dworsky, appointed by Swedbank Robur Fonder.

The three members of the Nomination Committee have been appointed by shareholders that jointly represent approximately 45 percent of the total votes in Tele2. In their first meeting earlier today, the members of the Nomination Committee appointed Anna Stenberg as Committee Chairman.

Information about the work of the Nomination Committee can be found on Tele2's corporate website at www.tele2.com. Shareholders wishing to propose candidates for election to the Board of Directors of Tele2 should submit their proposal in writing to agm@tele2.com or to legal counsel Katarina Areskoug, Tele2 AB (publ), P.O. Box 62, SE 164 94 Kista, Sweden.
For more information, please contact:
Joel Ibson, Head of Corporate Communications, Phone: +46 766 26 44 00
Peter Landgren, Interim Head of Investor Relations, Phone: +46 70 426 45 69
Tele2's vision is to be the smartest telco in the world, creating a society of unlimited possibilities. Ever since Tele2 was founded in 1993, we have continued to challenge prevailing norms and dusty monopolies. Today, our award winning networks enable mobile and fixed connectivity, telephony, data network services, TV, streaming and global IoT solutions for millions of customers. We drive growth through customer satisfaction and smart combined offerings. Tele2 has been listed on Nasdaq Stockholm since 1996. In 2019, Tele2 generated revenue of SEK 28 billion and reported an underlying EBITDAaL of SEK 9 billion. For latest news and definitions of measures, please see our homepage www.tele2.com.

https://news.cision.com/tele2-ab/r/tele2-nomination-committee-convened,c3200985

https://mb.cision.com/Main/3372/3200985/1309497.pdf

(c) 2020 Cision. All rights reserved., source Press Releases - English


Stocks mentioned in the article
ChangeLast1st jan.
KINNEVIK AB -1.14% 376.3 Delayed Quote.64.32%
TELE2 AB (PUBL) 0.78% 109.9 Delayed Quote.-19.10%
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Financials
Sales 2020 27 102 M 3 102 M 3 102 M
Net income 2020 4 039 M 462 M 462 M
Net Debt 2020 28 036 M 3 209 M 3 209 M
P/E ratio 2020 19,3x
Yield 2020 7,02%
Capitalization 75 805 M 8 642 M 8 676 M
EV / Sales 2020 3,83x
EV / Sales 2021 3,81x
Nbr of Employees 4 695
Free-Float 72,4%
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 140,71 SEK
Last Close Price 109,90 SEK
Spread / Highest target 54,7%
Spread / Average Target 28,0%
Spread / Lowest Target -9,01%
EPS Revisions
Managers
NameTitle
Kjell Morten Johnsen President & Chief Executive Officer
Carla M. S. Smits-Nusteling Chairman
Kim Hagberg Chief Operating Officer & Executive Vice President
Mikael Larsson Group CFO & Executive Vice President
Georgi Martin Ganev Director
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