Bulletin from the AGM 2006

2006-04-28, 15:48
Cybercom Group Europe AB (publ) held its annual general meeting (AGM) on Friday, 28 April 2006. The AGM decisions are in agreement with boards proposals specified in the AGM notification.

All decisions were unanimous and this is a summary.

A new board
The AGM re-elected Per Edlund, Lars Persson and Ulf Körner. Per Norén and Eva Gidlöf were newly elected as board members, and Per-Eric Fylking as chairman.

No dividend
As proposed by the board, it was resolved that no dividends be distributed for the 2005 financial year.

Authorising the board to issue shares
The board was authorised to decide on new share issues of a maximum of 1,000,000 shares – on one or more occasions to increase the company’s share capital – during the period until the next AGM.

Authorising the board to buy back shares
The board was authorised to buy back Cybercom shares - on one or more occasions, corresponding to a maximum of 10% of Cybercom’s share capital.

Authorising the board to take out a participating loan or an equity loan
The board was authorised to take decisions regarding (1) take out of a participating loan, (2) take out an equity loan, and (3) take out of participating as well as equity loans, as per Chapter 11, section 11 of the Companies Act.

Nomination committee and remuneration committee
Per Edlund, Magnus S Eriksson, portfolio manager for Skandia and John Örtengren, for the Swedish Shareholders' Association were appointed nomination committee members, and for the remuneration committee were Per-Eric Fylking (convener), Eva Gidlöf and Per Edlund appointed.

Also, the AGM accepted the new articles of association. The decisions in their entirety are available at the company in Stockholm, Sweden.

For further information, please contact
Kristina Svensson, Communications manager + 46 708 644 702

Cybercom is a high-tech consulting company that offers business-critical IT solutions and consulting within telecom and selected technologies. With its extensive experience of the industry and business know-how, the company offers technological expertise for development of network and terminals. Cybercom specialises in portals and mobile solutions, e-commerce and billing, embedded systems, and telecom management and networks. Cybercom was founded in Sweden in 1995 and has been quoted on the Stockholm stock exchange´s O list since 1999. The Group has projects worldwide and offices in Denmark, Norway, Singapore, Sweden, and the UK. Cybercom currently employs more than 435 people.

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