Kinnevik: Annual General Meeting 2021
Kinnevik AB (publ) ( Kinnevik ) today held its Annual General Meeting (the AGM ).
Due to the continuing coronavirus pandemic, the AGM was held only through postal voting in accordance with temporary legislation.
The AGM resolved in accordance with all proposals of the Board and the Nomination Committee.
The AGM resolved to distribute Kinnevik s shareholding in Zalando SE ( Zalando ) to the shareholders through a share redemption plan. Further, the Board was authorised to determine the distribution per share as well as the timetable for the share redemption plan, this will be announced by Kinnevik on 11 May 2021. As stated in the notice to the AGM, the Board intends to distribute all of Kinnevik s Zalando shares, and if all Zalando shares are distributed, the shareholders will receive 28 Zalando shares for 143 Kinnevik redemption shares. Also, as set out in the notice to the AGM, the Board estimates that:
Kinnevik: Annual General Meeting 2021
Kinnevik AB (publ) ( Kinnevik ) today held its Annual General Meeting (the AGM ).
Due to the continuing coronavirus pandemic, the AGM was held only through postal voting in accordance with temporary legislation.
The AGM resolved in accordance with all proposals of the Board and the Nomination Committee.
The AGM resolved to distribute Kinnevik s shareholding in Zalando SE ( Zalando ) to the shareholders through a share redemption plan. Further, the Board was authorised to determine the distribution per share as well as the timetable for the share redemption plan, this will be announced by Kinnevik on
11 May 2021. As stated in the notice to the AGM, the Board intends to distribute all of Kinnevik s Zalando shares, and if all Zalando shares are distributed, the shareholders will receive 28 Zalando shares for 143 Kinnevik redemption shares. Also, as set out in the notice to the AGM, the Board estimates that: