Fagerhult: Decisions at Shareholders' General Meeting 24th April 2014

  Fagerhult: Decisions at Shareholders' General Meeting 24th April 2014

Business Wire

HABO, Sweden -- April 24, 2014

Regulatory News:

Fagerhult (STO:FAG)

At the shareholders´ general meeting at AB Fagerhult on the 24th of April 2014
a dividend of SEK 7.25 per share was decided.

As members of the board were re-elected Catherina Fored, Eric Douglas, Björn
Karlsson, Fredrik Palmstierna, Johan Hjertonsson and Jan Svensson. Anna Malm
Bernsten had declined re-election. Cecilia Fasth was elected as a new member
of the board. Jan Svensson was re-elected as chairman of the board.

To nominating committee were re-elected Gustaf Douglas, Jan Svensson and Björn
Karlsson. They were authorized to elect further one or two members.

The shareholders´ general meeting decided to give the board the right to
repurchase own shares at maximum 10 % of the share capital during the time
until next shareholder’s general meeting.

In accordance with the Board’s proposal, the Annual General Meeting decided to
initiate a long-term incentive plan (“The Performance Based Share Program
2014”) as well as transfer of own shares on account of this Program.

The General Annual Meeting resolved to increase the number of shares in AB
Fagerhult (the "Company") by splitting each share into three shares (3:1
split), in order to achieve an increased share trading. The record date at
Euroclear Sweden AB for the implementation of the split, will be on the 27th
of May 2014. After the split, the number of shares in the Company will
increase from 12,850,000 to 38,550,000, of which all shall have equal rights.

Fagerhult is one of Europe’s leading lighting groups with approximately 2,200
employees and operations in20 countries. We create modern products and
exciting, energy-efficient and environmentally-adapted lighting installations,
successfully integrated into their individual environments. The Group includes
such strong brands as Fagerhult,Ateljé Lyktan, LTS, Whitecroft Lighting,
Designplan Lighting, I-Valo and Arlight. AB Fagerhult is listed on the Nasdaq
OMX Nordic Exchange in Stockholm.

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Johan Hjertonsson
tel: 46 36 10 87 06
mobile: 46 70 229 77 93
Håkan Gabrielsson
tel: 46 8 52 23 59 48
mobile: 46 70 84 40 918
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