On Tuesday,
Adoption of balance sheets and income statements
The Annual General Meeting adopted the parent company's income statement and balance sheet, as well as the consolidated income statement and the consolidated balance sheet for
Allocation of profit or loss
The Annual General Meeting resolved to allocate the company's loss in accordance with the Board of Directors' proposal.
Board of Directors
The board members and the CEO were discharged from liability for the financial year 2018/2019.
The Annual General Meeting resolved that the number of board members shall be six and re-elected the board members
Fees to the Board of Directors
The Annual General Meeting resolved that fees amounting to
Auditors
The Annual General Meeting resolved that the registered auditing firm
Guidelines for remuneration for the CEO and executive management
The Annual General Meeting approved the Board of Directors' proposal regarding guidelines for remuneration for the CEO and executive management in accordance with the proposal presented in the notice of the Annual General Meeting.
Authority for the board of directors to issue new shares
The Annual General Meeting resolved, in accordance with the Board of Directors' proposal, to grant the Board of Directors the authority, on one or more occasions for the period until the end of the next Annual General Meeting, to issue new shares, either applying or disapplying the shareholders' pre-emption rights. The number of shares issued by virtue of the authority may not exceed an increase of ten (10) percent of the share capital based on the total share capital of the company on the date of the Annual General Meeting 2020. If the Board of Directors resolves to issue new shares disapplying the shareholders' pre-emption rights, the reason for this must be to implement an acquisition agreement, or, alternatively, to procure capital for such acquisition.
Adoption of a long-term employee stock option program and resolution regarding an issue of warrants and transfer of shares and/or warrants
The Annual General Meeting resolved, in accordance with the Board of Directors' proposal, to implement a long-term employee stock option program for employees of MAG interactive.
In order to enable the company's delivery of shares under the employee stock option program the Annual General Meeting resolved, in accordance with the board of directors' proposal, to issue not more than 586,426 warrants in two series to a wholly owned subsidiary of
Adoption of a long-term warrant program and resolution regarding an issue of warrants
The Annual General Meeting resolved, in accordance with the Board of Directors' proposal, to implement a long-term warrant program for certain members of the executive management of
In order to enable the company's delivery of shares under the warrant program the Annual General Meeting resolved, in accordance with the Board of Directors' proposal, to issue not more than 233,213 warrants to the participants in the warrant program.
The Board of Directors
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About MAG Interactive
Founded in 2010,
https://news.cision.com/mag-interactive/r/bulletin-from-mag-interactive-s-annual-general-meeting,c3006243
https://mb.cision.com/Main/16579/3006243/1173999.pdf
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