Mobile Loyalty

Result of Annual General Meeting 2013

Press Release   •   Jun 03, 2013 13:52 BST

Mobile Loyalty plc, the mobile search and advertising company traded on AktieTorget, Stockholm (ticker: MOBI SDB) (the “Group”), announces that the resolutions proposed at the Annual General Meeting (“AGM”) held on Friday May 31, 2013, as set out in the notice dated May 2, 2013, were all duly and unanimously approved by the shareholders.

The following resolutions were passed:

  • Adoption of financial statements and disposition of the Company’s losses.
  • Resolution regarding Board of Directors’ authorization to issue warrants in conjunction with raising debt capital.
  • Resolution regarding Board of Directors’ authorisation to issue new shares and equity-linked instruments in the Company and its subsidiaries.
  • Resolution regarding shareholders’ pre-emption right.
  • Approved that the Board of Directors shall have 3 members, and the fees to Directors and Auditors.
  • Re-election of Patrik Gustafsson-Sonne as Director and Chairman of the Board of Directors and Nicklas Gerhardsson as Director. Election of Olof Ekelund as Director.
  • Authorisation to the Board of Directors to commence a Management Incentive Programme.
  • Re-appointment of Hazlewoods LLP as Auditors.
  • Discharge from liability of the members of the Board of Directors and the CEO.

As a newly appointed Director to the Group’s Board of Directors, Olof Ekelund brings his long experience from leading positions at Trelleborg AB, Tretorn as well as Warta Scandinavia. For the last seven years, Mr Ekelund has been active as management consultant and as professional board member. Mr Ekelund brings an extensive experience in the areas of management and organisational development as well as corporate finance and control.

For more information, please contact:

Nicklas Gerhardsson, CEO

Ulf Angelin, CFO

About Mobile Loyalty plc

Mobile Loyalty is a Nordic-based provider of advertising solutions for media companies within the fastest growing marketing segment, mobile. We offer proven market leading mobile search and advertising services for media companies, based upon a revenue sharing model, creating the next generation mobile advertising solutions that allow advertisers and media groups to cost effectively capture the opportunities that arise from the changes in technology and consumer behaviour.

Mobile Loyalty is listed on AktieTorget, Stockholm (ticker: MOBI SDB).

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