Bulletin from extraordinary general meeting in Readly International AB (publ)
Extraordinary general meeting in Readly International AB (publ) ("Readly" or the "Company") was held today on 26 April 2023 at 09:00 (CEST) at the Company's premises, Kungsgatan 17 in Stockholm, upon request by the shareholder Tidnings AB Marieberg which, after the completion of the public takeover offer to the shareholders in Readly, holds approximately 75.4 percent of the outstanding shares in the Company.
The extraordinary general meeting resolved on all the following decisions in accordance with Tidnings AB Marieberg's proposals.
RESOLUTION REGARDING THE NUMBER OF BOARD OF DIRECTORS
The extraordinary general meeting resolved that the Board of Directors shall consist of seven (7) board members, including the Chairman of the Board, with no deputies.
ELECTION OF BOARD OF DIRECTORS AND CHAIRMAN OF THE BOARD
It was resolved, in accordance with Tidnings AB Marieberg's proposal, to elect Mikael Antonsson, Carolina Brandtman, Laurent Kayser, Jan Lund, Veronica Selin and Jesper Wikberg as new members of the Board of Directors, together with existing member of the Board of Directors Malin Stråhle, and that Jan Lund is elected as new Chairman of the Board, for the period until the end of the next annual general meeting. It was furthermore resolved that the other current members of the Board of Directors Patrick Svensk, Nicolas Adlercreutz, Stefan Betzold and Nathan Medlock, were dismissed.
RESOLUTION REGARDING REMUNERATION TO THE BOARD OF DIRECTORS
It was resolved, in accordance with Tidnings AB Marieberg's proposal, that no remuneration, including for committee work, shall be paid to the new members of the Board of Directors Jan Lund, Mikael Antonsson, Laurent Kayser, Veronica Selin and Jesper Wikberg, for the period until the end of the next annual general meeting, and that remuneration shall be allocated pursuant to the same principles as resolved by the annual general meeting 2022 to the other board members who are independent in relation to Tidnings AB Marieberg and Bonnier News Group AB. All remuneration shall be proportionate in relation to the actual term of office in the Board of Directors and in the committees during the period from the annual general meeting 2022 until the end of the annual general meeting 2023.
For further information about the extraordinary general meeting, refer to the notice, complete proposals for resolutions by the shareholder Tidnings AB Marieberg and minutes kept at the meeting which are made available at the Company's website, https://corporate.readly.com/
For further information, please contact: [email protected]
Readly is the European category leader for digital magazines. The company offers a digital subscription service where customers have unlimited access to 7,000 national and international magazines - all in one app and at a fixed monthly fee. Readly has subscribers in 50 countries and content available in 17 different languages. In collaboration with around 1,200 publishers worldwide, Readly is digitising the newspaper and magazine industry. In 2022, revenues amounted to SEK 592 million. The Readly share is listed on Nasdaq Stockholm. For more information, please visit https://corporate.readly.com/