Online affiliate and content marketing company, Raketech, have released some of the points for discussion made at the group’s annual general meeting held in Stockholm.
Attendees approved the Consolidated Financial Statements of the company, the Director’s Report and the Auditor’s Report for the financial year ending 31 December 2018.
In addition to this, the meeting agreed that Raketech will not pay any dividends for the financial year 2018 in accordance with the directors’ recommendation as set forth in the Directors’ Report.
The general meeting saw the re-election of Christian Lundberg, Annika Billberg, Fredrik Svederman, Erik Skarp and Johan Svensson to the company’s Board of Directors.
Meanwhile, Lundberg was re-elected as Raketech’s Chairman of the Board of Directors for the period until the end of the next annual general meeting.
Attendees to the general meeting also resolved the creation and adoption of an incentive programme, which comprises of share options which the participants are entitled to exercise for shares in Raketech after a three-year vesting period.
The programme, in accordance with proposals made by the Board of Directors, consists of no more than 25 participants, with a total of 758,012 share options.
The meeting also ensured that there was authorisation for the company to acquire not more than 3,790,063 of its own shares, where repurchases of shares shall be made on Nasdaq First North, on one or more occasions before the next annual general meeting, under certain conditions.