9 December 2015

Report from the Extraordinary General Meeting of Vitec


Summary of Decisions;

  • § 6 of the Articles of Association shall be amended to read: "The number of shares shall not be less than 16 000 000 and a maximum of 64 000 000."
  • Decision to increase the number of shares in Vitec so that each share, regardless of class (A/B), is divided into five (5) shares of the corresponding series (share split 5:1)
  • The Board is authorized to determine the record date for the split, which may not occur before the resolution is registered at Swedish Companies Registration Office.
  • That the Board or the person the Board of Directors appoints, shall be authorized to make such minor adjustments to the resolution as required for registration with the Swedish Companies Registration Office or handling at Euroclear.

Complete Decision
The full AGM resolutions are available in Swedish at the company's headquarters in Umeå.

Umeå, December 9, 2015,

The Board of Vitec Software Group AB (publ)

For more information, please contact
Lars Stenlund, CEO Vitec, phone: +46 70 659 49 39

Vitec Software Group AB (publ.) is to make the above information public pursuant to the Swedish Securities Market Act or the Swedish Financial Instruments Trading Act. The information will be made public at 10:00 CET on Wednesday, December 9, 2015.

Vitec Software Group AB (publ) is a software company that offers industry specific business applications on the Nordic market. The Company, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. Clients include facility management companies, construction and real estate companies, banks and insurance companies, utilities and energy traders, healthcare companies, car spare part dealers and newspaper companies. Group turnover has an annual capacity of 640 million SEK and has approximately 450 employees. Vitec is listed on Nasdaq OMX Stockholm.

VITEC • www.vitecsoftware.cominfo@vitec.se
UMEÅ: TVISTEVÄGEN 47, BOX 7965, 907 19 UMEÅ, SWEDEN. PHONE: +46 90-15 49 00