Press release from the Extraordinary General Meeting of Aktiebolaget Fastator (publ)

16 December 2015 Regulatory information

On 14 December 2015, Aktiebolaget Fastator (publ) held an Extraordinary General Meeting in Stockholm, Sweden. The resolutions approved at the Meeting are presented below. All resolutions were passed by the requisite majority.

New Board of Directors
The Meeting resolved that the Board is to consist of seven members and elected Björn Rosengren, Anders Mossberg, Agneta Jacobsson, Pelle Törnberg and Carl Bildt as new Board members of the company for the period until the next Annual General Meeting, with the dismissal of Ulf Adelsohn, Mats Hulth and Svante Norrestad Bengtsson.

Warrants to senior executives
The Meeting resolved, in line with the Board’s proposal and with disapplication of the shareholders’ preferential rights, to issue not more than 650,000 warrants conferring the right to subscribe for a maximum of 650,000 new Series B shares. Only the indirect wholly owned subsidiary, Konyab 1 i Sverige AB, is eligible to subscribe for all warrants with the right and obligation to transfer the warrants to the company’s Management Team. The Meeting resolved to approve that the subsidiary transfer a maximum of 125,000 warrants to each of the company’s senior executives: Joakim Orthen, Fredrik Klerfelt, Erika Kveldstad and Daniel Hummel.

Principles for remuneration of senior executives
The Meeting resolved, in line with the Board’s proposal, that variable remuneration to a senior executive may amount to a maximum of 200% of the executive’s fixed annual salary and that previously adopted principles for remuneration of senior executives will otherwise remain unchanged.

Issue authorisation
The Meeting resolved, in line with the Board’s proposal, to authorise the Board, on one or more occasions prior to the next Annual General Meeting, with or without disapplication of shareholders’ preferential rights, to resolve on a new issue of Series B shares. The authorisation is to apply to no more than one issue of shares, for a total subscription price of MSEK 100 000 000.

Offset issue
The Meeting resolved, in line with the Board’s proposal, to issue a maximum of 1,145,145 Series B shares at a subscription price of SEK 27.66 per subscribed share through an offset issue. Only individuals with claims against the company are eligible to subscribe, including Board member Ulf Adelsohn. The resolution means that the company’s share capital may increase by a maximum of SEK 1,832,232 by issuing up to 1,145,145 new Series B shares for a total subscription price of not more than SEK 31,674,710.70. The subscription price corresponds to the volume-weighted, 2 (2) average closing price for the company’s share on Nasdaq First North Stockholm during the last ten (10) days of trading prior to publication of the notice convening the Meeting.

For more information, please contact:

Daniel Hummel, CEO
daniel.hummel@fastator.se
+46 (0)70 661 24 29

Erika Kveldstad, CFO
erika.kveldstad@fastator.se
+46 (0)70 339 99 99

ABOUT FASTATOR

Aktiebolaget Fastator (publ) in an investment company specialised in the property sector. Fastator’s business concept is to invest in entrepreneurial, property-related companies and to contribute to the achievement of unrealised potential through active, long-term ownership. Fastator’s share has been traded on Nasdaq First North Stockholm since 24 September 2015. The company’s Certified Adviser is Erik Penser Bankaktiebolag, tel. +46 (0)8-463 80 00. This is information of the type that Fastator is obligated to disclose in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 16 December 2015 at 8.30 a.m.