LeoVegas AB: Announcement from LeoVegas annual general meeting 2017

The annual general meeting (" AGM ") of LeoVegas AB (publ) (" LeoVegas " or the " Company ") was held today on 17 May 2017 and the following resolutions were passed by the meeting. Adoption of the income statement and the balance sheetThe AGM resolved to adopt the income statement and the...

London, 17/05/2017 (informazione.news - comunicati stampa - turismo)

The annual general meeting (" ") of LeoVegas AB (publ) (" " or the " ") was held today on 17 May 2017 and the following resolutions were passed by the meeting.

The AGM resolved to adopt the income statement and the balance sheet in LeoVegas and the consolidated income statement and the consolidated balance sheet.

The AGM resolved, in accordance with the board of directors proposal, of the amount available for distribution to the shareholders, EUR 30,941,000, SEK 99,695,470 is distributed to the shareholders corresponding to SEK 1.00 per share and the remaining amount, 20,520,000 is carried forward. It was further resolved, in accordance with the board of directors proposal, that the record date entitling to dividend shall be 19 May 2017, where the dividend will preliminary be paid out from Euroclcear Swedan AB on 24 May 2017.

The board of directors and the CEO were discharged from liability for the financial year 2016.

The AGM resolved that the board of directors shall comprise seven directors and no deputy directors. The AGM resolved that the number of auditors shall be one registered audit firm.

It was further resolved, in accordance with the nomination committee's proposal, that the he remuneration is to be SEK 1,600,000 in total, including remuneration for committee work (SEK 950,000 previous year), and shall be paid to the board of directors and the members of the established committees in the following amounts:

It was further resolved that remuneration to the auditor shall be paid in accordance with approved invoices.

Per Brillioth, Barbara Canales, Robin Ramm-Ericson, Mårten Forste, Anna Frick and Patrik Rosén were re-elected as directors of the board and Tuva Palm was elected as new director. Mårten Forste was elected as the new chairman of the board.

Öhrlings PricewaterhouseCoopers AB was re-elected as the Company auditor. Öhrlings PricewaterhouseCoopers has announced that Aleksander Lyckow remains as main responsible auditor.

It was resolved to adopt principles for the nomination committee in accordance with the committee's proposal (in principle the same as last year).

The AGM resolved, in accordance with the board of directors proposal, to adopt, in principle, the same guidelines adopted at the AGM 2016.

The AGM resolved in accordance with the board of directors proposal to issue a maximum of 1,000,000 warrants, with deviation from the shareholders preferential rights, which may result in a maximum increase in the Company's share capital of EUR 12,000.000022. The warrants shall entitle to subscription of new shares in the Company.

The warrants shall be subscribed for by Gears of Leo AB (the " "), with the right and obligation to, at one or several occasions, transfer the warrants to senior executives, other employees and key persons, who are or will become employed by the Company or within the group, at a price that is not less than the fair market value of the warrant according to the Black & Scholes valuation model and otherwise on the same terms as in the issuance.

For further details regarding the resolution refer to the complete proposal available at the Company's website, www.leovegasgroup.com.

Stockholm in May 2017
LeoVegas AB (publ)
The board of directors

Gustaf Hagman, Group CEO and co-founder: +46 70-880 55 22, gustaf.hagman@leovegas.com
Philip Doftvik, Head of Corporate Finance and Investor Relations: +46 73 512 07 20, philip.doftvik@leovegas.com
Mårten Forste, via emailadress ir@leovegas.com
Visitors address: Sveavägen 59, Stockholm
Corporate identity number: 556830-4033

www.leovegasgroup.com www.leovegas.com