Summons to the annual general meeting of shareholder
in Scandinavian Biogas Fuels International AB

Shareholders invited to the annual general meeting are those who are registered in the share register held by Euroclear Sweden AB on Friday the 15th of May 2015. Notice about attendance should be sent to the Company no later than Wednesday the 20th of May 2015 at 4 p.m. by regular mail to address Scandinavian Biogas Fuels International AB, Holländargatan 21A, SE-111 60 Stockholm or by e-mail to lotta.lindstam@scandinavianbiogas.com. When giving notice of participation, shareholders should state their name, personal/corporate registration number as well as postal address, telephone number and shareholdings.

The shareholders of Scandinavian Biogas Fuels International AB, 556528-4733, are hereby summoned to the annual general meeting of shareholders on Thursday the 21st of May 2015, 15:00 – 17:00, at Westmanska palatset, Holländargatan 17 in Stockholm, Sweden.

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 (a “certificate”) 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.

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 15th of May 2015, when such registration must be completed.

Proposed agenda

  1. Opening of the general meeting
  2. Election of a chairman to conduct the meeting
  3. Drawing up and approval of the voting list
  4. Election of one or two persons to sign the minutes
  5. Determination as to whether the meeting has been duly convened
  6. Approval of the agenda for the meeting
  7. The CEO’s report and any questions in connection thereof
  8. Presentation of the annual statement of accounts and the auditor’s report and the group annual statement and the auditor’s group report
  9. Decision concerning
    1. a) adoption of the income statement and the balance sheet and the consolidated income statement and consolidated balance sheet
    2. b) appropriation of the company’s profit and loss according to the adopted balance sheet
    3. c) discharge of the directors and the CEO from liability
  10. Decision in respect to the fees for the board of directors and for the auditors
  11. Election of board members, deputy board members and auditors
  12. Election of auditor
  13. Closing of the general meeting

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.

Proposal for resolution regarding fees and election of board members (items 10 and 11)

It is proposed that the board of directors shall consist of seven ordinary board members without any deputies and that the present ordinary board members Göran Persson, Anders Bengtsson, Andreas Ahlström, Jan Lönnblad, Hans Hansson and Andreas Berg are re-elected as ordinary board members and that Sara Anderson is elected as ordinary board member. It is further proposed that Göran Persson is re-elected as chairman of the board.

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 are proposed to be paid in an amount of SEK 50,000 each. Remuneration to the auditors has been proposed to be paid out in accordance with current account.

Documentation for the annual general meeting

Accounting documents and auditor report will be available from Thursday the 7th of May 2015 at the offices of the Company on Holländargatan 21A in Stockholm. All documents will be sent free of charge to any share­holder who so requests and states their email- or postal address.

___________________________

Stockholm in April 2015
Scandinavian Biogas Fuels International AB
The board of directors

 

 

2019-08-15 14:00

Scandinavian Biogas Interim Report for the period 1 January – 30 June 2019

Long-term liquid biogas (LBG) supply contract signed between Norwegian subsidiary Biokraft and Hurtigruten.

Second quarter in brief

  • A 7.5-year LBG supply contract signed between Norwegian subsidiary Biokraft and Hurtigruten.
  • The LBG plant at Skogn, Norway, delivered 2.4 million Nm3of LBG during the second quarter.
  • Net sales totalled SEK 89.6 million (65.9), a year-on-increase increase of 36.0%.
  • EBITDA was SEK 17.7 million (-2.0), a year-on-year improvement attributable primarily to the plant at Skogn. The plant was in operation during the January–June 2019 period, but not during the comparative period.      
  • The Group posted an operating loss of SEK -4.4 million (-15.6).
  • The Group posted a loss after tax of SEK -23.3 million (-21.3).
  • The directed share issue yielded SEK 39.6 million before transaction costs.
  • Subordinated shareholder loans totalling SEK 34 million along with interest of SEK 2.5 million were converted to shares in a set-off issue.

First half-year in brief

  • A 7.5-year LBG supply contract signed between Norwegian subsidiary Biokraft and Hurtigruten.
  • Net sales totalled SEK 176.5 million (129.5), an increase of 36.3% attributable primarily to the plant at Skogn, which was in operation during the January–June 2019 period. The plant was not in operation during the corresponding period in 2018.
  • EBITDA was SEK 36.3 million (-0.6), with the year-on-year improvement due mainly to commissioning of the plant at Skogn, Norway.
  • The Group posted an operating loss of SEK -7.6 million (-28.1).
  • The Group posted a loss after tax of SEK -35.6 million (-43.8).
  • The directed share issue yielded SEK 39.6 million before transaction costs.
  • Subordinated shareholder loans totalling SEK 34 million along with interest of SEK 2.5 million were converted to shares in a set-off issue.


Significant events after the end of the period

  • It was reported in July that the rights issue was oversubscribed by 184% and yielded a total of SEK 10.2 million before issue expenses. The directed share issue was decided and amounts to SEK 60.4 million before issue expenses, and pertains entirely to Apriori AB.
  • No other significant events occurred after the end of the interim period.

The interim report for the second quarter 2019 for Scandinavian Biogas Fuels International AB (publ) is now available on www.scandinavianbiogas.com

For further information, contact Matti Vikkula, CEO and president,
+46 70 597 99 38,
matti.vikkula@scandinavianbiogas.com 

The information in this press release is such that Scandinavian Biogas Fuels International AB (publ) must disclose in accordance with the EU Market Abuse Regulation (EU MAR) No. 596/2014. The information was submitted for publication on August 15, 2019, at 15:00 CET.

2019-08-15

Scandinavian Biogas Interim Report for the period 1 January – 30 June 2019

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2019-08-09

Interim report will be published on August 15, 2019

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2019-07-19

Scandinavian Biogas publishes outcome of oversubscribed rights issue and carries out a secured directed share issue of SEK 60 million

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2019-06-27

Report from the Annual General Meeting of Scandinavian Biogas Fuels International AB (publ)

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2019-06-14

Subscription period for rights issue of 10 MSEK is 17th of June to 5th of July

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2019-06-05

Scandinavian Biogas carries out directed issue and rights issue in a total of SEK 86 million and intends to carry out a secured directed issue of SEK 60 million. Total issue volume SEK 146 million

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2019-06-05

Scandinavian Biogas announces fully secured share issues with a value of 136 MSEK; intends to carry out a rights issue of 10 MSEK

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2019-05-28

SUMMONS TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS IN SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB (PUBL)

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2019-05-23

Scandinavian Biogas subsidiary to deliver liquid biogas to Hurtigruten

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2019-04-26

Scandinavian Biogas Interim Report for the period 1 January – 31 March 2019

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2019-04-25

Scandinavian Biogas Annual Group Report 2018

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2019-04-18

Results from Scandinavian Biogas written procedure

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2019-03-28

Scandinavian Biogas initiates a written procedure

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2019-02-28

Scandinavian Biogas Interim report for the period 1 January – 31 December 2018

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2019-01-25

Scandinavian Biogas Intends to Conduct a Directed Share Issue

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2018-11-28

Result from Scandinavian Biogas Fuels International AB (publ)s written procedure

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2018-11-09

Scandinavian Biogas Interim Report for the period 1 July – 30 September 2018

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2018-11-09

Scandinavian Biogas initiates a written procedure

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2018-11-08

Scandinavian Biogas to launch written procedure following constructive discussion with certain bondholders

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2018-10-23

Release of Q3 2018 interim report postponed as court ruling for dispute related to Södertörn facility received

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2018-09-03

Worlds largest LBG factory in operation

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2018-08-23

Scandinavian Biogas Interim report for the period 1 January – 30 June 2018

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2018-08-23

Court ruling in the penalty fee dispute in Ulsan, South Korea

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2018-07-03

Profitability 2018 is estimated to be lower than previously communicated

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2018-06-29

Safer management of your personal information

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2018-06-20

The nomination committee’s proposal regarding board of directors and remuneration for the annual general meeting 2018

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2018-05-25

SUMMONS TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS IN SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB (PUBL)

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2018-05-22

Results from Scandinavian Biogas written procedure

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2018-05-02

Results from Scandinavian Biogas Fuels International AB’s written procedure and renewed written procedure

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2018-04-26

Scandinavian Biogas Interim Report for the period 1 January – 31 March 2018

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2018-04-11

Scandinavian Biogas initiates a written procedure

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2018-03-20

Scandinavian Biogas Annual Group Report 2017

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2018-03-12

The first shipload of feed stock has been received at Biokraft's biogas plant at Skogn

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2018-02-15

Scandinavian Biogas Year-end report for the period 1 January – 31 December 2017

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2018-01-10

Scandinavian Biogas is including one-off costs in annual Group accounts 2017 and updating Outlook 2017

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2017-11-21

Scandinavian Biogas’ Board will evaluate various strategic and capital structure alternatives

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2017-10-26

Scandinavian Biogas Interim Report for the period 1 January – 30 September 2017

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2017-08-24

Scandinavian Biogas Interim Report for the period 1 January – 30 June 2017

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2017-08-16

Scandinavian Biogas publishes bond prospectus and applies for listing of the additional bonds on Nasdaq Stockholm

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2017-06-30

Scandinavian Biogas press release amendment of terms and conditions

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2017-06-15

Scandinavian Biogas issues subsequent SEK 30 million senior secured bonds

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2017-05-17

Scandinavian Biogas rights issue over-subscribed

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2017-04-28

Scandinavian Biogas Interim report for the period 1 January – 31 March 2017

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2017-04-13

Scandinavian Biogas has decided on a directed share issue of approximately SEK 43 million and a rights issue of approximately SEK 23 million

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2017-04-10

SUMMONS TO THE ANNUAL GENERAL MEETING OF SHAREHOLDERS IN SCANDINAVIAN BIOGAS FUELS INTERNATIONAL AB (PUBL)

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2017-02-28

Scandinavian Biogas Year-end report for the period 1 January – 31 December 2016

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2017-02-08

Scandinavian Biogas is preparing the group for a public listing of its share – signing loan agreements for 16 MSEK for the forthcoming share issue

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2016-10-28

Scandinavian Biogas Interim report for 1 January – 30 September 2016

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2016-09-07

Press Release

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2016-09-01

International scientific biogas conference

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2016-08-19

Press Release

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2016-08-18

Interim Report - Q2 2016

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2016-07-14

New European grant to

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2016-04-29

Press release

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2016-04-29

Interim Report - Q1 2016

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2016-03-30

Summons to the Annual General Meeting

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2016-02-18

Unutilized residues

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2016-02-08

Issues 4-year senior secured bond

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2016-02-08

Invests in a new Liquid Biogas Plant

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2015-04-29

Summons to the annual general meeting of shareholders

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2014-08-14

Macroalgae may be a new substrate in biogas production

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2014-04-22

Board of directors

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2014-04-22

Business objectives

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