Press release Tele2 Group Jul 25 2007, 6:05 AM CET
Notice of Extraordinary General Meeting on 28 August 2007
Stockholm - The Board of Directors of Tele2 has today proposed that an Extraordinary General Meeting on 28 August resolves to adopt a new performance based incentive programme for approximately 80 senior executives and other key employees within the Tele2 group. The programme entails that the participants shall be granted stock options free of charge and intends to strengthen the employees' commitment and improve the conditions for the company's continued demands on profitability. The proposed programme will replace the incentive programme adopted by the Annual General Meeting.
The incentive programme in short:
Please see the complete notice attached to this press release.
Further information can be obtained from:
Lars-Johan Jarnheimer, President and CEO Tele2 AB, Telephone: +46 8 5626 4000
Lars Nilsson, CFO Tele2 AB, Telephone: +46 8 5626 4000
Lars Torstensson, Investor Inquiries, Telephone: +46 702 73 48 79
Tele2 is Europe's leading alternative telecom operator Tele2's mission is to provide cheap and simple telecoms for everyone in Europe. Tele2 always strives to offer the market's best prices. We have 29 million customers in 21 countries. Tele2 offers fixed and mobile telephony, broadband, data network services and cable TV. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on OMX Nordic Exchange since 1996. In 2006 we had operating revenue of SEK 50.3 billion and we reported an operating profit (EBITDA) of SEK 5.7 billion.