Board of Directors
The AGM re-elected Board members Olof Stenhammar, Lars Berg, Staffan
Bohman, Arne Karlsson (CEO), Annette Sadolin, Jan Söderberg and
Per-Olof Söderberg. Margareth Øvrum was elected as a new member. Olof
Stenhammar was also elected as Chairman of the Board. A more detailed
presentation of the Board is presented at www.ratos.se.
Dividend
The AGM decided on an ordinary dividend of SEK 9.00 per share (9.00)
of class A and B. The record date for the right to receive dividends
is 14 April and dividends are expected to be paid on 17 April.
Share buy backs
The AGM gave the Board a mandate to decide, during the period until
the next ordinary AGM, repurchase of a maximum number of shares so
that the company's holding of shares does not exceed 7% of all the
shares in the company.
At a subsequent statutory meeting, the Board decided to give the CEO,
in consultation with the Chairman, a mandate to carry out purchases
of shares in accordance with the mandate given to the Board by the
AGM.
Incentive programmes
The AGM decided to issue a maximum of 650,000 call options on
repurchased Ratos-shares to be sold at a market price to key people
within Ratos. It was further decided on a transfer of a maximum of
650,000 shares in the company if the above-mentioned options are
exercised.
In addition, the AGM decided, as in previous year, on a cash-settled
option programme related to Ratos's investments in holdings. The
programme will be carried out through issuance of synthetic options
which key people within Ratos will be entitled to acquire.
Set-off or non-cash share issues to be used at acquisitions
The AGM decided to authorise the Board to decide on set-off or
non-cash share issues in conjunction with company acquisitions. This
authorisation shall comprise a maximum of 30 million B shares.
For further information, please contact:
Olof Stenhammar, Chairman of the Board Ratos, +46 8 700 17 45
Financial calendar from Ratos:
Interim Report January - March 2009 7 May 2009
Interim Report January - June 2009 20 August 2009
Interim Report January - September 2009 5 November 2009
Ratos is a listed private equity company. The business concept is to
maximise shareholder value over time by investing in, developing and
divesting primarily unlisted companies. Ratos offers investors a
unique investment opportunity. Ratos's equity is approximately SEK 16
billion and has a market capitalisation of approximately SEK 20
billion. Ratos's holdings include AH Industries, Anticimex, Arcus
Gruppen, Bisnode, Camfil, Contex, DIAB, EuroMaint, GS-Hydro, Haglöfs,
HL Display, Inwido, Jøtul, Lindab, MCC, Medisize, Scandinavian
Business Seating, Superfos and Other holdings.
