At the Annual General Meeting (AGM) in Castellum AB on March 23rd
2006, the Board of Directors' proposal of a dividend of SEK10.50 was
confirmed. Tuesday March 28th, 2006 was decided as record day for
The AGM decided that the remuneration to the Board should amount to
SEK 1,600,000, of which SEK 400,000 shall be allocated to the
chairman and SEK 200,000 to each of the remaining board members. The
amounts include compensation for committee work.
The AGM decided to re-elect Jan Kvarnström, Marianne Dicander
Alexandersson, Ulla-Britt Fräjdin-Hellqvist, Mats Israelsson,
Stig-Arne Larsson and Göran Lindén to the Board of Directors and
elect Christer Jacobson as new member of the Board. Jan Kvarnström
was elected Chairman of the Board.
The AGM decided to appoint an election committee to make proposals to
the 2007 AGM regarding among other things, election of members of the
Board of Directors and auditors. The election committee will be
established by the Chairman contacting the three major shareholders
at the end of the third quarter 2006 and invite them to appoint one
member each to the election committee. The names of the members of
the election committee will be published in Castellum's interim
report for the third quarter 2006.
The AGM confirmed the Board of Directors' proposal regarding the
principles of remuneration and other terms of employment for the
The AGM confirmed the Board of Directors' proposal regarding a share
split 4:1, whereby one old share is replaced by four new shares and
the Boards proposal to update and adapt the Company's Articles of
Association to the new Companies Act. The planned record day for the
split is April 27th, 2006.
The AGM decided to authorize the Board - in order to adjust the
company's capital structure - if required until the next AGM, to be
able to purchase own shares corresponding to a maximum of 10 percent
of all shares in the company. In addition the AGM decided to
authorize the Board, until the next AGM - in order to adjust the
company's capital structure - to be able to transfer own shares held
by the company.
Castellum is one of the major listed real estate companies in Sweden.
The fair value of the real estate portfolio amounts to approx. SEK 20
billion, and comprises mainly commercial properties. The real estate
portfolio is owned and managed by six wholly owned subsidiaries with
strong local roots in five growth regions: Greater Gothenburg, the
Öresund Region, Greater Stockholm, Mälardalen and Western Småland.
The Castellum share is listed on Stockholmsbörsen's O-list, Attract
For further information, please contact
Håkan Hellström, CEO, phone +46 31 60 74 00 / mobile +46 705-60 74 56