Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Sweden
  4. Nasdaq Stockholm
  5. Lifco AB (publ)
  6. News
  7. Summary
    LIFCO B   SE0015949201


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Lifco : Resolutions at Lifco's AGM 2021

04/23/2021 | 06:26am EST

Today, Friday 23 April 2021, the Annual General Meeting of Lifco AB was held. Due to the ongoing pandemic, the Meeting was held digitally through electronic connection and with opportunity for shareholders to also vote by post. The following main resolutions were made:


In accordance with the proposal of the Board of Directors and the CEO, the Meeting resolved to declare a dividend of SEK 6.00 per share. 27 April 2021 was determined as record date for dividend.

Election of Board of Directors

Carl Bennet, Ulrika Dellby, Annika Espander, Dan Frohm, Erik Gabrielson, Ulf Grunander, Johan Stern, Caroline af Ugglas, Axel Wachtmeister and Per Waldemarson were re-elected members of the Board. Carl Bennet was re-elected Chairman of the Board.

Fees to the Board of Directors

It was resolved that remuneration to the Board of Directors shall amount to a total of SEK 6,550,000, excluding remuneration for Committee work, of which SEK 1,310,000 to the Chairman and SEK 655,000 to each of the other Board members elected by the Meeting who are not employees of Lifco Group. In addition, the Meeting resolved that work in the Audit Committee shall be compensated with SEK 260,000 to the Chairman and SEK 130,000 to each of the other members, while work in the Remuneration Committee shall be compensated with SEK 140,000 to the Chairman and SEK 86,000 to each of the other members.

Election of auditor

The registered public accounting firm PricewaterhouseCoopers AB was re-elected auditor of the company for a term of one year. PricewaterhouseCoopers has informed that Eric Salander will be the principal auditor. It was resolved that auditor fees shall be paid according to approved account.

Nomination Committee

The Meeting resolved to instruct the Chairman of the Board to convene a Nomination Committee for the AGM 2022, composed of representatives of the five largest shareholders in terms of votes based on a list of owner-registered shareholders from Euroclear Sweden AB or other reliable shareholder information as per 31 August 2021 plus the Chairman of the Board. In addition, a representative of the minority shareholders who is independent of the company and its major shareholders shall be included as a member of the Nomination Committee, if the Chairman of the Board in consultation with a representative of the largest shareholder in terms of voting rights find it appropriate.

The Meeting resolved to adopt the proposed principles for the Nomination Committee's appointment and instructions for the Nomination Committee.

Remuneration Report

The Meeting approved the Board of Directors' remuneration report.

Split of the company's shares and amendment of the Articles of Association

The Meeting resolved, in accordance with the Board of Director's proposal, on a split of the company's shares, so that each existing share is split into five new shares of the same share class (split 5:1), whereby the total number of shares in the company increases from 90,843,260 to 454,216,300 shares, comprising 30,379,850 class A shares and 422,836,450 class B shares, and on an amendment of the Articles of Associations' limits for the number of shares, whereby the number of shares shall be not less than 250,000,000 and not more than 1,000,000,000.

The Board was authorised to determine the record date for the share split. The record date will be communicated separately.

The decisions can be read in full at www.lifco.se.

For more information please contact:

Åse Lindskog  
Media and investor relations
Phone +46 730 244 872

E-mail ir@lifco.se

This is information that Lifco AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person set out above, on 23 April 2021 at 12.25 p.m. CEST.

About Lifco

Lifco offers a safe haven for small and medium-sized businesses. Lifco's business concept is to acquire and develop market-leading niche businesses with the potential to deliver sustainable earnings growth and robust cash flows. Lifco is guided by a clear philosophy centred on long-term growth, a focus on profitability and a strongly decentralised organisation. The Group has three business areas: Dental, Demolition & Tools and Systems Solutions. At year-end 2020, the Lifco Group consisted of 175 operating companies in 31 countries. In 2020, Lifco reported EBITA of SEK 2,702 million on net sales of SEK 13.8 billion. The EBITA margin was 19.6 per cent. Read more at www.lifco.se.



(c) 2021 Cision. All rights reserved., source Press Releases - English

All news about LIFCO AB (PUBL)
11/24Lifco AB Issues Bond Loan of SEK 1,000 Million
10/22LIFCO : Interim Report January – September 2021
10/22Lifco AB Reports Earnings Results for the Third Quarter and Nine Months Ended September..
10/01LIFCO : acquires assets of Danish Zenith Dental
10/01LIFCO : publishes its interim report for January-September on 22 October
10/01LIFCO AB (OM : LIFCO B) signed an agreement to acquire the Assets from Zenith Dental Aps.
08/31LIFCO AB (OM : LIFCO B) completed the acquisition of Bode Components Gmbh.
08/26LIFCO : issues bond loan of SEK 750 million
08/26Lifco Issues Bond Loan of SEK 750 Million
06/30LIFCO AB (OM : LIFCO B) signed an agreement to acquire Bode Components Gmbh.
More news
Sales 2021 17 074 M 1 865 M 1 865 M
Net income 2021 2 236 M 244 M 244 M
Net Debt 2021 3 574 M 390 M 390 M
P/E ratio 2021 51,2x
Yield 2021 0,57%
Capitalization 115 B 12 578 M 12 515 M
EV / Sales 2021 6,92x
EV / Sales 2022 6,40x
Nbr of Employees 6 171
Free-Float 48,0%
Duration : Period :
Lifco AB (publ) Technical Analysis Chart | LIFCO B | SE0015949201 | MarketScreener
Technical analysis trends LIFCO AB (PUBL)
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 252,20 SEK
Average target price 275,00 SEK
Spread / Average Target 9,04%
EPS Revisions
Managers and Directors
Per Waldemarson President, Chief Executive Officer & Director
Therèse Hoffman Chief Financial Officer
Carl Reinhold Adolf Bennet Chairman
Erik Henry Gabrielson Independent Director
Johan Erik Stern Vice Chairman
Sector and Competitors
1st jan.Capi. (M$)
LIFCO AB (PUBL)65.34%13 080
INVESTOR AB (PUBL)48.89%73 421
HAL TRUST25.36%14 034