Millicom International Cellular (NASDAQ:MICC) (STO:MIC)
Millicom International Cellular S.A. (“Millicom”), the international
telecommunications and media company (StockholmsbÖrsen: MIC) today held
its Annual General Meeting and an Extraordinary General Meeting of
Shareholders in Luxembourg.
The Annual General Meeting (AGM) approved the allocation of the results
of the year ended December 31, 2013. A gross dividend amount of USD 2.64
per share shall be distributed to shareholders/SDR holders around June
5, 2014 and the balance shall be carried forward as retained earnings.
Further details can be found in the convening notice for the AGM, issued
on April 25, 2014.
The AGM approved the re-election of Ms. Mia Brunell Livfors, Mr. Paul
Donovan, Mr. Alejandro Santo Domingo, Mr. Lorenzo Grabau and Mr. Ariel
Eckstein as Non-Executive Directors for a term ending on the day of the
next AGM to take place in 2015 (the “2015 AGM”).
The AGM also approved to set the number of Directors at nine with no
Deputy Directors and the election of Ms. Cristina Stenbeck, Dame Amelia
Fawcett, Mr. Dominique Lafont and Mr. Tomas Eliasson as new Directors
for a term ending on the day of the 2015 AGM.
Ms. Cristina Stenbeck was elected as Chairman of the Board of Directors
for a term ending on the day of the 2015 AGM.
Biographical details of the new Directors are as follows:
Tomas Eliasson has been Chief Financial Officer and Senior
Vice-President of Electrolux, the Swedish household and professional
appliances manufacturer, since 2012. He previously held various
management positions in Sweden and abroad at ABB Group from 1987–2002,
was Chief Financial Officer of Seco Tools AB from 2002–2006 and Chief
Financial Officer of ASSA ABLOY AB from 2006–2012.
Tomas Eliasson has a Bachelor of Science in Business Administration and
Economics from the University of Uppsala.
Dame Amelia Fawcett
Dame Amelia Fawcett is the Deputy Chairman of Investment AB Kinnevik.
She is also Chairman of the Hedge Fund Standards Board in London, a
Non-Executive Director of State Street Corporation in Boston,
Massachusetts, where she chairs the Risk and Capital Committee, and a
Non-Executive Director of HM Treasury in London.
Between 2007 and 2013, Dame Amelia Fawcett was a Non-Executive Director
and then Chairman of the Guardian Media Group, one of the UK’s leading
media companies, and between 2007 and 2010, she was Chairman of Pensions
First, a financial services and systems solutions business, which she
helped set up. From 1987-2007 she worked for Morgan Stanley, first as an
executive and then in an advisory role.
She started her career at the US law firm of Sullivan and Cromwell,
first in New York then in Paris.
Dame Amelia has a degree in history from Wellesley and a law degree from
the University of Virginia.
Dominique Lafont has been Chief Executive Officer of BollorÉ Africa
Logistics since 2006. The French company provides integrated logistics
networks on the African continent and operates public-private
partnerships in the port and rail sectors. Dominique Lafont joined the
company in 1999 as the Financial Director for Africa at the BollorÉ
Group before being appointed the Managing Director of its Anglophone
Africa Unit in 2003.
Prior to this he held senior positions at the Saga Group, the Rivaud
Group and Sogea of the Vinci Group. He began his career at Arthur
Andersen in France.
Dominique holds an MBA from the ESSEC Business School and a degree in
business law from the PanthÉon-Assas University in Paris.
Cristina Stenbeck is the Executive Chairman of Investment AB Kinnevik.
Cristina began her career within the Kinnevik group in 1997 when she
joined the Board of Invik & Co, its financial services company. Cristina
Stenbeck became vice Chairman of Investment AB Kinnevik in 2003 and
Chairman in 2007. In addition to leading Kinnevik, she is also Chairman
of Zalando, the leading European fashion and accessories e-commerce
company. In recent years, she has also served on the Boards of Millicom,
Tele2, Modern Times Group, Transcom WorldWide and Metro International.
She chairs the Nomination Committees of Investment AB Kinnevik,
Millicom, Tele2, Modern Times Group, and CDON Group which spearhead the
recruitment of new Directors for each of these companies’ Boards.
She graduated with a B.Sc. from Georgetown University in Washington DC,
The meeting approved the re-election of Ernst & Young S.À.r.l.,
Luxembourg as the external auditor of Millicom for a term ending on the
day of the 2015 AGM.
All other resolutions proposed to Millicom’s AGM of shareholders today
in Luxembourg and set out in the Convening Notice published on April 25,
2014, were duly passed. All resolutions proposed to the Extraordinary
General Meeting, as outlined in the same Convening Notice, were also
Millicom is a leading international telecommunications and media company
dedicated to emerging markets in Latin America and Africa. Millicom sets
the pace when it comes to providing digital lifestyle services to the
world’s emerging markets, giving access to the world, primarily through
mobile devices. Operating in 15 countries, Millicom offers innovative
and customer-centric products. Millicom employs more than 10,000 people
and provides mobile, cable, broadband, TV content, online and financial
services to over 50 million customers. Founded in 1990, Millicom is
headquartered in Luxembourg and listed on NASDAQ OMX Stockholm under the
symbol MIC. In 2013 Millicom generated revenue of $5.16 billion and
EBITDA of $1.9 billion.
This information was brought to you by Cision http://news.cision.com
For more please visit: www.millicom.com or contact:
Julian Eccles, VP, Corporate Communications
Nicolas Didio, Director, Head of Investor Relations
Source: Millicom International Cellular