At the annual general meeting of PiezoMotor Uppsala AB (publ) (the”Company”), which was held there from 15:00 on 10 may 2017 in Uppsala, it was decided, in essence:
to determine the submitted income statement and balance sheet,
to dispose of the Company’s profit according to the adopted balance sheet, in accordance with the proposal in the annual report,
to grant discharge to all board members and the executive director for fiscal year 2016,
that fees to board members, for the period until the next annual general meeting, shall not be deleted, with the exception of Henrik Nittmar who shall receive a fee of two price base amounts (excluding social charges),
that the fees paid to the auditor of the Company shall be paid in a reasonable amount according to the running count,
that to the ordinary members of the board re-elect Adam Dahlberg, Henrik Nittmar and Gert Frech-Walter, and to the new member of the board selecting the Dodd Disler (previously deputy member of the board),
to to the firm of auditors for the period until the end of the annual general meeting falling in 2018, the elect Öhrlings PricewaterhouseCoopers AB, with auditor in public accountant Leonard Daun,
to authorise the board of directors of the Company, for the period until the next annual general meeting, with or without deviation from shareholders ‘ preferential rights, at one or several occasions, decide on the increase of the Company’s share capital by a maximum of 1 500 000 sek by a new issue of a maximum of 3 000 000 shares, convertibles and/or warrants for cash payment and/or with a provision regarding in kind or offset or otherwise with conditions, implying a potential maximum dilution of approximately 19.8% of the registered share capital,
to authorise the board of directors of the Company to make the minor adjustments of the decisions at the annual general meeting that may prove necessary in connection with the registration of the decisions with the Swedish companies registration office.
All decisions were taken unanimously by the meeting.
PiezoMotor Uppsala AB (publ)
The board of directors
For further information, please contact:
Johan Westermark, CEO
+46 (0)70-81 82 400
johan.westermark@piezomotor.se
or
Olof Stranding, CFO
+46 (0)70-10 10 824
olof.stranding@piezomotor.se
Certified Adviser
Erik Penser Bank AB, Apelbergsgatan 27, Stockholm, sweden. Telephone: +46 (0)8-463 83 00. E-mail: info@penser.se.
If The PiezoMotor
PiezoMotor is a world-leading developer and manufacturer of cutting-edge mikromotorer based on piezoelectric materials. Effective, extremely precise and very small replacement engines are the traditional technology and allows for the motorization where this has previously not been possible. Engine performance includes nanometerprecis movement (1 nanometer = 1 millionth of a millimeter) and very high force in a miniatyriserat format. The engines work in a vacuum and can be made completely non-magnetic, which also opens up completely new opportunities. In Uppsala, PiezoMotor its own facility for högvolymtillverkning, research and development and corporate headquarters. All of the major geographic markets covered by an established global distribution network and many of the leading companies in medical technology, halvledarindustri, space and defence technology and optics is today the customers to the PiezoMotor. PiezoMotors shares are traded on Nasdaq First North in Stockholm. www.piezomotor.com
The information was submitted according to the above contacts in the government, for publication on 11 may 2017 there 08:35 CEST.