The Annual General Meeting is the highest decision-making body of MTG and it is at the Annual General Meeting where all shareholders can exercise their right to decide on issues affecting the Company and its operations.
The Annual General Meeting of shareholders shall be held within six months of the end of the financial year. At the Annual General Meeting, resolutions shall be passed with respect to the adoption of the income statement and balance sheet as well as the consolidated income statement and balance sheet, the disposition of the Company’s earnings according to the adopted balance sheet, the discharge of liability for the Board of Directors and the Chief Executive Officer, appointment of the Board of Directors and their Chairman and the Company’s auditors, and certain other matters provided for by law and the Articles of Association.
Shareholders wishing to have matters considered at the Annual General Meeting should submit their proposals in writing to the Company Secretary, Modern Times Group MTG AB, Annual General Meeting, P.O. Box 2094, SE-103 13 Stockholm, Sweden at least seven weeks before the Annual General Meeting.
Shareholders who wish to participate in the Annual General Meeting must be duly registered as such with Euroclear Sweden AB and may attend and vote at the meeting in person or by proxy.
2019 Extraordinary General Meeting
The Extraordinary General Meeting (EGM) of Modern Times Group MTG AB (MTG) shareholders, which was held today in Stockholm, resolved to distribute all of the shares in Nordic Entertainment Group AB (NENT Group) to MTG’s shareholders.
The EGM approved the Board of Directors’ proposal to distribute all of the shares in the wholly owned subsidiary NENT Group, which comprises MTG’s Nordic Entertainment and Studios business segments. Holders of one (1) MTG class A share will receive one (1) NENT Group class A share and holders of one (1) MTG class B share will receive one (1) NENT Group class B share. The MTG class C shares, which are held by MTG in treasury, are not entitled to dividends and will not receive any NENT Group shares.
The Board of Directors was also authorised to determine the record date for the distribution of the NENT Group shares. The record date is expected to be in late March 2019 and MTG intends to apply for the listing of the NENT Group shares on Nasdaq Stockholm by the end of March 2019. A prospectus regarding the distribution and listing will be published in March, and NENT Group and MTG will host Capital Markets Days on 11 March and 12 March, respectively.
2019 Annual General Meeting
The shareholders of Modern Times Group MTG AB (publ) are hereby invited to the Annual General Meeting on Tuesday 21 May 2019 at 12.00 CET at Meeting Room (The Square) at Alströmergatan 20 in Stockholm.
Shareholders who wish to attend the Annual General Meeting shall
- be entered in the share register maintained by Euroclear Sweden on Wednesday 15 May 2019; and
- give notice of their attendance no later than Wednesday 15 May 2019. Notification is to be made on the company’s website at www.mtg.com under the heading “2019 Annual General Meeting” (which can be found under the section “Investors” under the heading “General Meetings”), by telephone to +46 (0) 771 246 400 or by mail to Computershare AB ”AGM, MTG”, P.O. Box 610, SE-182 16 Danderyd, Sweden. Shareholders shall in their notice to attend state name, personal identification number or company registration number, address, phone number and advisors, if applicable.
Shareholders whose shares are registered in the names of nominees must temporarily re-register such shares in their own name in order to be entitled to attend the Annual General Meeting. In order for such re-registration to be completed on Wednesday 15 May 2019 the shareholder must inform their nominees well before that day. Shareholders attending by a proxy or a representative should send documents of authorisation to the mail address above, well before the Annual General Meeting. A template proxy form is available on the company’s website www.mtg.com under the heading “2019 Annual General Meeting” (which can be found under the section “Investors” under the heading “General Meetings”). Shareholders cannot vote or, in other way, attend the Annual General Meeting by remote access. For information on how your personal data is processed, please visit https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.