SUMMONS TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS IN SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB (PUBL)
The shareholders of Scandinavian Biogas Fuels International AB (publ), 556528-4733, are hereby summoned to the annual general meeting of shareholders on Thursday the 28th of April 2016, 13:30, Stockholm Vatten’s premises in Henriksdal, Värmdövägen 23 in Stockholm, Sweden.
Right to participate
Right to participate at the general meeting belong to those shareholders who are registered in the share register held by Euroclear Sweden AB on Friday the 22nd of April 2016, and have given notice about attendance to the general meeting to the company no later than Friday the 22nd of April 2016 at 4.00 p.m. by regular mail to the address Scandinavian Biogas Fuels International AB (publ), Holländargatan 21A, SE-111 60 Stockholm or by e-mail to email@example.com. When giving notice about attendance, shareholders should state their name, personal/corporate registration number as well as postal address, telephone number and shareholdings.
Shareholders represented by proxy shall issue a dated and signed power of attorney for the representative. If the power of attorney is issued on behalf of a legal person or entity, a certified copy of a certificate of registration or similar shall be enclosed. The original power of attorney document and, where applicable, the certificate should be submitted to the company by mail at the above mentioned address well in advance of the general meeting. The company provides a form of power of attorney at request and it is also available at the company’s website, www.scandinavianbiogas.com.
Shareholders whose shares are registered with a trustee must, in order to be entitled to attend the annual general meeting, temporarily register the shares in their own names. A shareholder who wishes to request such re-registration must notify its trustee well in advance of Friday the 22nd of April 2016, when such registration must be completed.
Decision regarding appropriation of the company’s result (item 9 b)
The board of directors and the CEO propose that the results of the year shall be brought forward and that no dividend is made for the 2015 financial year.
Proposal for resolution regarding the number of board members, fees and election of board members, chairman of the board, deputy board members and auditor (items 10-13)
Item 10 – It is proposed that the board of directors shall consist of six ordinary board members (besides the employee representative) without any deputies.
Item 11 – Remuneration to the chairman of the board is proposed to be paid in an amount of SEK 350,000 and remuneration to the other ordinary board members is proposed to be paid in an amount of SEK 50,000 each. Remuneration to the auditors for performed audit work is proposed to be paid with a fixed price after procurement of auditors.
Further, it is proposed that remuneration to members of the audit committee is to be paid with an amount of SEK 25,000 to the committee’s chairman and SEK 15,000 to the other members of the committee.
Item 12 – It is proposed that the present ordinary board members Göran Persson, Anders Bengtsson, Andreas Ahlström, Hans Hansson and Sara Anderson are re-elected as ordinary board members and that Raif Nisametdin is elected as ordinary board member. It is further proposed that Göran Persson is re-elected as chairman of the board.
Item 13 – It is proposed that, until the next annual general meeting, elect Öhrlings PricewaterhouseCoopers AB to the company’s auditor, which intends to appoint Leonard Daun as the chief auditor.
The board of director’s proposed resolution to authorize the board of directors to resolve on issues of shares (item 14)
The board of directors proposes that the annual general meeting authorize the board of directors to, within the scope of the articles of association, with or without deviation from the shareholders’ preferential right, on one or several occasions during the period until the next annual general meeting, resolve to increase the company’s share capital by issuing new shares in the company. The total number of shares issued in accordance with this authorization may be equivalent to a maximum of 36,000,000 shares, corresponding to approximately 40 per cent of the number of shares in the company, based on the total number of shares in the company at the time of the 2016 annual general meeting. The issues shall be made with issue rates at market rate, and where applicable be subject to issue discount at market rate, and payment shall, apart from payment in cash, be made in kind or by set-off or otherwise with conditions. The purpose of the authorization and the reasons for any deviation from the shareholders’ preferential right is that the company shall be able to increase the company’s financial flexibility and/or the board of directors discretion, for example in connection with strategic acquisitions of companies and businesses that the company may carry out.
The Board of Directors, the CEO or the person that the board of director appoints shall be authorized to make such minor amendments and clarifications of the resolution by the general meeting that is required when registering with the Swedish Companies Registration Office.
A resolution in accordance with the board of directors proposal according to above requires the approval of shareholders representing at least two thirds of the votes cast and the shares represented at the meeting.
Information at the annual general meeting
The board of directors and the CEO shall, upon request by any shareholder and where the board of directors determines that it can be done without material harm to the company, provide information of circumstances which may affect the assessment of a matter on the agenda, and circumstances which may affect the assessment of the company’s or a subsidiary’s financial position and the company’s relationship to other group companies.
Documentation for the annual general meeting
Accounting documents and auditor report as well as proxy for the meeting will be available on Monday the 4th of April 2016 at the offices of the Company on Holländargatan 21A in Stockholm and at the company’s website www.scandinavianbiogas.com. All documents will be sent free of charge to any shareholder who so requests and states their email- or postal address.
Stockholm in March 2016
Scandinavian Biogas Fuels International AB (publ)
The board of directors
Scandinavian Biogas is including one-off costs in annual Group accounts 2017 and updating Outlook 2017
Scandinavian Biogas’ Board will evaluate various strategic and capital structure alternatives
Scandinavian Biogas Interim Report for the period 1 January – 30 September 2017
EBITDA for third quarter 2017 more than doubled year-on year. Work is in progress on a prospective listing of the Company’s share in a suitable marketplace. Read more
Scandinavian Biogas Interim Report for the period 1 January – 30 June 2017
EBITDA for second quarter 2017 nearly doubled year-on-year. The Group conducted two share issues and a subsequent bond issue. Read more
Scandinavian Biogas publishes bond prospectus and applies for listing of the additional bonds on Nasdaq Stockholm
The Company’s application for listing of additional bonds on Nasdaq Stockholm has been submitted and the first day of trading is planned for 18 August 2017. The prospectus, which has been prepared for the listing, has been approved by the Swedish Financial Supervisory Authority. The prospectus is available on the Company’s website www.scandinavianbiogas.com and the Swedish Financial Supervisory Authority’s website www.fi.se. Read more
Scandinavian Biogas press release amendment of terms and conditions
Scandinavian Biogas Fuels International AB (publ) (the "Company") announces today that the Company has amended certain terms and conditions originally dated 9 February 2016 for the senior secured bonds with ISIN SE0007784111 in the amount of SEK 300,000,000. The amendment became effective on 22 June 2017. Read more
Scandinavian Biogas issues subsequent SEK 30 million senior secured bonds
Scandinavian Biogas Fuels International AB has placed a subsequent issue of senior secured bonds in the amount of SEK 30 million under the company’s outstanding bond loan with ISIN SE0007784111 and within a total frame amount of SEK 300 million. Total outstanding amount after the subsequent bond issue will be SEK 230 million. The bonds will bear a floating rate coupon of 3 months Stibor + 9.75 per cent p.a. and were placed at 100.5 per cent of par. The bonds will be listed on the corporate bond list on Nasdaq Stockholm. Read more
Scandinavian Biogas rights issue over-subscribed
Scandinavian Biogas Fuels International AB (publ) (the "Company") has completed a rights issue of shares which was decided upon, with support of authorization, by of the Board of Directors on 12 April 2017 (the “Rights Issue”). The Rights Issue was 100 per cent subscribed, corresponding to approximately SEK 23.4 million. Major shareholders who have given loans of SEK 16 million in total to the Company have requested, and the Board of directors has granted such request, to set-off their loans under the Rights Issue, corresponding to approximately 70 per cent of the Rights Issue. Read more
Scandinavian Biogas Interim report for the period 1 January – 31 March 2017
The plant at Södertörn was granted a new environmental permit which entitles the facility to significantly increase waste volumes and biogas production. The evaporator has been commissioned, significantly reducing external water consumption. Read more
Scandinavian Biogas has decided on a directed share issue of approximately SEK 43 million and a rights issue of approximately SEK 23 million
The board of directors of Scandinavian Biogas Fuels International AB (publ) ("Scandinavian Biogas" or the "Company") has decided on a directed share issue of approximately SEK 43 million and a rights issue of approximately SEK 23 million (the "Rights Issue"). The Company has received subscription commitments corresponding to 97 per cent of the Rights Issue. The proceeds from the Rights Issue are intended to be used primarily to finance ongoing investments and to improve the Company's liquidity. Read more
SUMMONS TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS IN SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB (PUBL)
The shareholders of Scandinavian Biogas Fuels International AB (publ), 556528-4733, are hereby summoned to the annual general meeting on Thursday the 11th of May 2017, at 09.00, Westmanska palatset, Holländargatan 17, Stockholm, Sweden. Read more
Scandinavian Biogas Year-end report for the period 1 January – 31 December 2016
During the fourth quarter, a formal foundation-laying ceremony was held at the construction project at Skogn, and biogas production results at the Södertörn plant were somewhat of an improvement on the updated plan. Read more
Scandinavian Biogas is preparing the group for a public listing of its share – signing loan agreements for 16 MSEK for the forthcoming share issue
The planned share issue is part of group´s strategic plan which is aiming for the listing of its share on a relevant marketplace earliest autumn 2017. Read more
Scandinavian Biogas Interim report for 1 January – 30 September 2016
Net sales continued to rise and third-quarter biogas production at Södertörn was on a par with the first and second quarters. Biogas production in September was the highest to date. Read more
The Södertörn plant is not expected to achieve planned production volumes for the rest of 2016 Read more
International scientific biogas conference
Linköping 7-8 September 2016 Read more
Interim Report Q2 2016 Read more
Interim Report - Q2 2016
1 January - June 30 2016 Read more
New European grant to
Scandinavian Biogas Fuels Read more
Interim report Q1 Read more
Interim Report - Q1 2016
1 January-31 March 2016 Read more
Summons to the Annual General Meeting
Thursday the 28th of April 2016, 13:30, Stockholm Read more
can increase biogas production with one terawatt hour Read more
Issues 4-year senior secured bond
Scandinavian Biogas Fuels International AB has successfully placed an issue of senior secured bonds in the amount of SEK 200 million. Read more
Invests in a new Liquid Biogas Plant
Scandinavian Biogas has signed a contract with Biokraft AS and TrønderEnergi to build a new production plant for Liquid Biogas. Read more
Summons to the annual general meeting of shareholders
Shareholders invited to the annual general meeting Read more
Macroalgae may be a new substrate in biogas production
EU-funded research is evaluating its potential Read more
Board of directors
DOWNLOAD SUMMONS TO THE ANNUAL GENERAL MEETING AS PDF » DOWNLOAD POWER OF ATTORNEY FORM » SUMMONS TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS IN SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB (PUBL) The shareholders of Scandinavian Biogas Fuels International AB (publ), 556528-4733, are hereby summoned to the annual general meeting of shareholders on Thursday the 28th of April […] Read more
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