Friday, June 30, 2023 – Media and Games Invest SE (“MGI” or the “Company”, ISIN: SE0018538068; Ticker M8G; Nasdaq First North Premier Growth Market and Scale Segment Frankfurt Stock Exchange), a fast-growing ad-software platform that matches global advertiser demand with publisher ad-supply while improving results through a.o. first-party data from its own games, held its Annual General Meeting for the year 2022 today on June 30, 2023. At the annual general meeting it was resolved on, among other things, adoption of income statements and balance sheets, re-election of Tobias M. Weitzel, Elizabeth Para, Mary Ann Halford, Remco Westermann, Franca Ruhwedel and Johan Roslund as board members, re-election of Deloitte Sweden AB as auditor as well as an authorisation for the board of directors to resolve on issues of shares, warrants and convertibles.
Adoption of income statements and balance sheets, resolution on dividend and discharge of liability
The annual general meeting adopted the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet for the financial year 2022.
The annual general meeting resolved that no dividend should be paid for the financial year 2022 and that the residue of this year´s result should be carried forward.
Each of the members of the board and the CEO were discharged from liability for the financial year 2022.
Determination of the fees to be paid to the board of directors and the auditor
The annual general meeting resolved that the board fees should be paid with an unchanged amount of EUR 50,000 to each board member that is not employed by the Company and EUR 100,000 to the chairman of the board. In addition, the annual general meeting resolved that a total fee of EUR 25,000 should be allotted to the chairman of the audit committee as well as to the chairman of the remuneration committee. This means that the fees amount to, in total, EUR 350,000.
The annual general meeting resolved that the fees to the auditor should be paid in accordance with approved invoice.
Determination of the number of directors of the board and auditors, election of board of directors, chairman of the board and auditor as well as a resolution to adopt the principles and instructions for the nomination committee
The annual general meeting resolved that six board members should be elected for the period until the close of the annual general meeting 2024 and that one registered accounting firm should be elected as the Company’s auditor.
The annual general meeting re-elected Tobias M. Weitzel, Elizabeth Para, Mary Ann Halford, Remco Westermann, Franca Ruhwedel and Johan Roslund as members of the board of directors for the period until the close of the annual general meeting 2024. Tobias M. Weitzel was re-elected as chairman of the board of directors for the same period.
The annual general meeting re-elected Deloitte Sweden AB as the Company’s auditor for the period until the close of the annual general meeting 2024.
The annual general meeting resolved to adopt, until further notice, the same principles and instructions for the nomination committee that were adopted at the extraordinary general meeting on 1 November 2022.
Resolution on an authorisation for the board of directors to resolve on issuance of shares, warrants and convertibles
The annual general meeting resolved to authorise the board of directors to, at one or several occasions and for the time period until the next annual general meeting, issue shares, warrants and convertibles within the limits of the Company’s articles of association. The authorisation is limited so that the board of directors may not resolve upon issues of shares, warrants and convertibles that entail that the total number of shares that are issued, issued through conversion of convertibles or issued through exercise of warrants exceeds 35 per cent of the total number of shares in the Company at the time the board of directors exercises the authorisation for the first time.
Issues of shares, warrants and convertibles may be made with or without deviation from the shareholders’ preferential rights and with or without provisions for payment in kind, set-off or other conditions. The purpose of the authorisation and the possibility to deviate from the shareholders’ preferential rights shall be to finance acquisitions, raise capital to facilitate growth and development of the Company or to hedge, facilitate or settle the Company’s incentive programs.
For further information, please contact:
Sören Barz
Head of Investor Relations
+49 170 376 9571
soeren.barz@mgi-se.com, investor@mgi-se.com
www.mgi-se.com
Jenny Rosberg, ROPA, IR contact Stockholm
+46 70 747 27 41
Jenny.rosberg@ropa.se
Axel Mühlhaus / Dr. Sönke Knop, edicto GmbH, IR contact Frankfurt
+49 69 9055 05 51
mgi@edicto.de
About MGI – Media and Games Invest SE
MGI – Media and Games Invest SE (MGI) operates a fast-growing, profitable ad-software platform that matches global advertiser demand with publisher ad-supply while improving results through first party data from own games. MGI’s main operational presence is in North America and Europe. Through investments in organic growth and innovation, as well as targeted M&A, MGI has built a one-stop shop for programmatic advertising, enabling companies to buy and sell ad space across all digital devices (mobile apps, web, connected TV and digital out of home), with the mission to make advertising better. MGI is registered as Societas Europaea in Sweden (registration number 517100-0143) and its shares are listed on Nasdaq First North Premier Growth Market in Stockholm and in the Scale segment of the Frankfurt Stock Exchange. The Company has two secured bonds that are listed on Nasdaq Stockholm and on the Frankfurt Stock Exchange Open Market. The Company’s certified advisor on Nasdaq First North Premier Growth Market is FNCA Sweden AB; info@fnca.se.