Report from the extraordinary general meeting of ÅF AB
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Viktor Svensson, Director Corporate Information +46 70 657 20 26
An extraordinary general meeting was held at the ÅF Group's headquarters in Frösunda on November 19, 2012.
Approval of the acquisition of Epsilon and decision to mandate a non-cash issue as part of the consideration
The meeting approved the Board's decision to acquire Epsilon Holding AB (publ) and authorised the Board to decide on the new issue of 5 985 915 shares of series B to be provided as part of the consideration for the shares of Epsilon Holding AB (publ).
Expansion of the Board and the election of new directors,
The meeting decided that the Board of Directors shall consist of ten members, without deputies. In addition to the Board members who were elected at the annual general meeting 2012 - Ulf Dinkelspiel (Chairperson), Eva-Lotta Kraft, Anders Narvinger Björn O. Nilsson, Joakim Rubin, Kristina Schauman, Anders Snell and Lena Treschow Torell - Dan Olofsson and Johan Glennmo were elected Board members. The aforementioned decisions are conditional upon and shall become effective only at the time of the closing of the acquisition of Epsilon Holding AB (publ).
Dan Olofsson was born 1950. He holds a Master of Science degree from the University of Lund. He is Chairman of the Board of Directors of Sigma AB and Board member of Danir AB and Epsilon AB. Dan Olofsson is the founder of the Sigma group of companies and has previously been CEO Sigma and Chairman of the Boards of Teleca, Sigma and Epsilon.
John Glennmo was born in 1974. He has a Bachelor of Science degree from University of Tampa. He is Chairman of Epsilon AB and a Board member of Danir AB and Sigma AB. He has previous work experience as an IT consultant and as vice President for technical consultancy business.
Amendment of the articles of Association
The meeting also decided to amend the statutes relating to the number of shares, share capital limits and the time for notice of extraordinary general meetings.
As previously announced, completion of the merger between ÅF and Epsilon is expected to take place around 30 November 2012.
ÅF AB, Corporate Information
The ÅF Group is a leader in technical consulting, with expertise founded on more than a century of experience. We offer highly qualified services and solutions for industrial processes, infrastructure projects and the development of products and IT systems. Today the ÅF Group has more than 5,000 employees. Our base is in Europe, but our business and our clients are found all over the world.