Annual General Meeting of Swedish Match AB (publ)
The Board of Directors proposes an increased dividend to 7.30 SEK per share. The proposed record date for entitlement to receive a cash dividend is 30 April, 2013.
The Board of Directors proposes that it be authorized to decide on the acquisition, on one or more occasions prior to the next Annual General Meeting, of a maximum of as many shares as may be acquired without the Company’s holding at any time exceeding 10 percent of all shares in the Company.
In addition the Board will also propose a reduction of the Company’s share capital of 7,563,406.16 SEK through withdrawal of 4,000,000 previously repurchased shares held in treasury, with a simultaneous bonus issue without issuing new shares, of the corresponding amount to restore the share capital. Furthermore, the Board will propose that the reduction be allocated to fund for use pursuant to a resolution adopted by the General Meeting.
The Nominating Committee of Swedish Match AB proposes re-election of Andrew Cripps, Karen Guerra, Conny Karlsson, Robert F. Sharpe, Meg Tivéus and Joakim Westh. New election is proposed of Wenche Rolfsen. Conny Karlsson is proposed to be re-elected as Chairman of the Board and Andrew Cripps is proposed to be re-elected as Deputy Chairman of the Board.
The Nominating Committee in Swedish Match AB consists of Conny Karlsson (Chairman of the Board), Andy Brown (Cedar Rock Capital), Björn Lind (AMF & AMF Funds), William Lock (Morgan Stanley Investment Management), and William Mueffling (Cantillon Capital Management). Andy Brown is the Chairman of the Committee.
The complete notice of the Annual General Meeting can be found on the corporate website: www.swedishmatch.com, and is also enclosed.
Emmett Harrison, Senior Vice President Corporate Communications and Sustainability
Office +46 8 658 0173