At the Annual General Meeting (AGM) in Castellum AB on March 25, 2010, the Board
of Directors' proposal of a dividend of SEK 3.50 was confirmed. Tuesday March
30, 2010 was decided as record day for dividend.
The AGM decided to re-elect all present members of the Board of Directors, i.e.
Mr Jan Kvarnström, Mr Per Berggren, Mrs Marianne Dicander Alexandersson, Mrs
Ulla-Britt Fräjdin-Hellqvist, Mr Christer Jacobson and Mr Göran Lindén and new
election of Johan Skoglund. Mr Jan Kvarnström was re-elected as Chairman of the
Board of Directors. Further, the AGM decided that the level of remuneration to
the members of the Board of Directors should be SEK 475,000 to the Chairman and
SEK 225,000 to each of the other members of the Board of Directors, SEK
1,825,000 in total. The amounts include compensation for committee work.
The AGM decided to appoint a new election committee for the AGM in 2011 in
accordance with the previously applied model.
The AGM confirmed the Board of Directors' proposal regarding the principles of
remuneration for senior executives. Further the AGM confirmed the Board of
Directors' proposal regarding a new incentive plan for members of the executive
management which in principle is an extension of the existing program.
The AGM decided to authorize the Board - in order to adapt the company's capital
structure and be able to transfer own shares as a payment or financing of real
property investments - if required until the next AGM, to resolve on acquisition
and transfer of own shares.
Castellum is one of the major listed real estate companies in Sweden. The fair
value of the real estate portfolio amounts to approx. SEK 29 billion, and
comprises commercial properties. The real estate portfolio is owned and managed
by six wholly owned subsidiaries with strong local presence in five growth
regions: Greater Gothenburg, the Öresund Region, Greater Stockholm, Mälardalen
and Eastern Götaland. Castellum is listed on NASDAQ OMX Stockholm AB Large Cap.
For more information please contact
Jan Kvarnström, chairman of the Board of Directors. Tfn +49 160 906 01 899
Håkan Hellström, CEO. Tfn +46 705 60 74 56
Castellum is obligated to disclose this information due to requirements in the
Capital Markets Act and/or the Financial Instruments Trading Act.