are hereby convened to an annual general meeting to be held on Wednesday 17 May
2017, at 12.30 p.m. at the cinema Grand's premises on Sveavägen 45 in Stockholm.
The doors to the meeting will open at 11.30 a.m.
The shareholders of LeoVegas AB (publ), reg. no. 556830-4033, (the "Company"), are hereby convened to an annual general meeting to be held on Wednesday 17 May 2017, at 12.30 p.m. at the cinema Grand's premises on Sveavägen 45 in Stockholm. The doors to the meeting will open at 11.30 a.m.
For the complete notice see the attached document or alternatively find it at www.leovegasgroup.com
Annual General Meeting – Summary of proposals:
The board of directors proposes that SEK 1.00 per share are distributed to the shareholders as dividend, in total SEK 99,695,470.
The record date proposed for the dividend is 19 May 2017. If the annual general meeting resolves in accordance with the board of directors proposal, the dividend will preliminary be paid out from Euroclcear Swedan AB on 24 May 2017.
The proposed dividend will not affect LeoVegas strategy to expand in regulated or soon to be regulated markets along with strategic acquisitions.
Board composition and nomination committee's proposal:
LeoVegas plan changes in the board to further promote the Group's strong growth and continued successful development.
- Re-election of all current Board members Robin Ramm-Ericson, Per Brilioth, Barbara Canales, Marten Forste, Anna Frick and Patrik Rosen.
- Tuva Palm proposed as new Board member. Tuva Palm is currently Chief Technology Officer at Nordnet Bank AB. She also has background from Klarna and Oracle. Tuva Palm as a new board member strengthens LeoVegas work with technology innovation.
- The current Chairman of the board Robin Ramm-Ericson decide to leave the chair role for the benefit of its executive management role within LeoVegas. Thereby continue to actively develop LeoVegas position and Mobile Experience.
- Mårten Forste proposed as new Chairman of the board. Mårten has previous experience as country manager from the gaming operator Expekt and is currently Chief Operations Officer for the European operations of Match.com. Mårten has been a part of LeoVegas Board since 2012.
Proposal concerning incentive program 2017.The purpose of the proposal is to establish improved conditions to maintain and increase the motivation of senior executives, other employees and other key persons within the Company and group.
Each warrant entitles to subscription of one (1) new share in the Company during the period from 1 June 2020 up to an including 15 June 2020 or the earlier date set forth in the terms for the warrants, at a subscription price of SEK 70 per share. The allotment of the warrants will take place in May-June 2017.
The total number of registered shares and votes at the time of this proposal amount to 99,695,470. The maximum dilution of Incentive program 2017/2020 is estimated to be a maximum of approximately 0.99 per cent of the total number of shares and votes in the Company (calculated on the number of existing shares the Company), assuming full subscription and exercise of all warrants offered.
The information in this release is such that LeoVegas AB (publ) is required to make public in accordance with the EU Market Abuse Regulation. The information was submitted, by the agency of the contact persons below, for publication at 11:00 (CET) on 12 April 2017.
For further information, please contact:
Gustaf Hagman, Group CEO and co-founder: +46 70-880 55 22, firstname.lastname@example.org
Viktor Fritzén, Group CFO: +46 73-612 26 67, email@example.com
Philip Doftvik, Head of Corporate Finance and Investor Relations: +46 73 512 07 20, firstname.lastname@example.org
Visitors address: Sveavägen 59, Stockholm
Corporate identity number: 556830-4033
About the LeoVegas mobile gaming group
LeoVegas' vision is to create the ultimate mobile gaming experience and be number one in mobile casino. The business is distinguished by award-winning innovation and strong growth. LeoVegas' technical development is conducted in Sweden, while operations are based in Malta. The Swedish parent company LeoVegas AB (publ) invests in companies that offer gaming via mobile devices and desktop computers along with companies that develop related technologies. LeoVegas has attracted major international acclaim and has won numerous awards, including "Nordic Operator of the year", "Mobile Marketing Campaign of the year", and "Innovation in Mobile and Tablet of the Year" at the international EGR Awards. LeoVegas bases its development on "Mobile First" and is at the forefront of using state-of-the-art technology in the mobile gaming market. With a foundation in a great gaming experience, long-term customer relationships and establishment of a strong brand, the company has attracted a steadily growing customer base through innovative, effective and data-driven marketing. Since its start, the mobile gaming company LeoVegas has shown strong quarter-on-quarter growth. LeoVegas' shares are listed on Nasdaq First North Premier. Avanza Bank AB is the company's Certified Adviser. For more about LeoVegas, visit www.leovegasgroup.com or www.leovegas.com.