Annual General Meeting 2010 Systemair AB (publ)
Systemair held the Annual General Meeting 26 August 2010 in Skinnskatteberg, Sweden. The Meeting voted unanimously in favour of the Board's proposal in all suggestions. The most important decisions main content were:
The Board's proposal of a dividend of SEK 1.25 per share was approved by the Meeting. The record date for dividend was determined Tuesday, August 31. The dividend will be paid through Euroclear Sweden AB on Friday, 3 September 2010.
The Meeting resolved to re-elect Gerald Engström, Lars Hansson, Göran Robertsson, Elisabeth Westberg and Jürgen Zilling Members of the Board. Lars Hansson was elected Chairman of the Board.
Proposal for fees
The Nomination Committee propose of an increase of the fees to the Board of Directors totaling SEK 1,000,000, of which SEK 400,000 to the Chairman of the Board, SEK 200,000 to each of the other members of the Board not employed by the Company was approved by the Meeting.
The protocol in English will be available on Monday, 6 September 2010 at www.systemair.com
For further information contact:
Lars Hansson, chairman of the board, +46 70 895 90 02
Gerald Engström, CEO, + 46 222 44 001, + 46 70 519 00 01
Glen Nilsson, CFO, + 46 222 44 003, + 46 70 654 40 03
Systemair AB, 739 30 Skinnskatteberg, Sweden, +46 222 440 00, www.systemair.com
Systemair in brief
Systemair is a leading ventilation company with operations in 39 countries in Europe, North America, the Middle East, Asia, Africa and Australia. The Company had sales of SEK 3.2 billion in financial 2009/10 and currently employs about 2,300 people. Systemair has reported an operating profit every year since 1974, when the Company was founded. During the past 15 years, the Company's growth rate has averaged about 15 percent.
Systemair has well-established operations in growth markets. The Group's products are marketed under the Systemair, Frico, VEAB and Fantech brands. Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchange in Stockholm since October 2007. The Group comprises about 60 companies