At yesterday’s Annual General Meeting in AB Novestra, ordinary board members Theodor Dalenson, Anders Lönnqvist, W. Thorpe McKenzie and deputy board members Mats Berglund and Magnus Nilsson were re-elected. Furthermore, Colin Kingsnorth and Bertil Villard were elected new ordinary board members. Colin Kingsnorth is a partner in Laxey Partners (UK) Ltd, which is Novestra’s largest shareholder, thereby replacing previous board member Rupert Lea. Bertil Villard is a lawyer and partner in Advokatfirman Vinge KB and i.a. Chairman of Pergo AB and SalusAnsvar AB as well as a board member of GEAB The Phonehouse AB. Auditors Stefan Holmström and Ingrid Hornberg Román were re-elected. It was decided that Directors’ remuneration to the sum of SEK 250,000 be distributed in accordance with the Board’s decision. At the constituent Board meeting following the Annual General Meeting, Theodor Dalenson was appointed Chairman.
According to a proposal by the Board, it was further decided to authorise the Board to issue in total a maximum of 6,000,000 new shares. The purpose of the authorisation is to be able to quickly conclude interesting transactions, if needed. The previous authorisation to issue 6,000,000 new shares, which was decided at last year’s Annual General Meeting, and which has not been utilised, was valid up to this year’s Annual General Meeting and has consequently lapsed.
It was decided that no dividend be declared for the financial year 2001/2002.
For further information please contact Peter Ekelund, Managing Director, AB Novestra, phone No. +46 8 545 017 50.
About AB Novestra
Novestra is an independent venture capital investment company with focus on investments in growth companies. Novestra’s portfolio of companies includes Explorica, Inc., MyPublisher, Inc., Netsurvey AB, Qbranch AB and Strax Holdings, Inc. as well as the co-investment vehicle Continuum Group Ltd. Novestra’s shares are listed on the O-List of Stockholmsbörsen.
For information regarding AB Novestra, please see www.novestra.com