- Due to the requested changes, three current directors, including President Katrina Bonde, will not stand for re-election.
- Stillfront’s board is expected to issue a formal notice for the meeting within two weeks under Swedish Companies Act rules.
- The move signals a possible board reset at the Swedish games group amid shareholder pressure.
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Stillfront Group has received a formal request from its two largest shareholders to call an extraordinary general meeting to elect a new board of directors and chairman.
Laureus Capital GmbH and Knuth Capital LLC FZ, which represent approximately 23% of the total shares and voting rights in Stillfront, have jointly called the meeting.
Shareholders have proposed a six-member board consisting of Lars-Johan Gernheimer, who is also proposed as Chairman, Erik Forsberg as Vice Chairman, along with Maria Hedengren, Mohammed Alhaj Hassan, Waleed Tufaha and Thomas Vollmöller.
Stillfront said its current board will issue a formal notice to call an extraordinary general meeting within two weeks, in line with the Swedish Companies Act.
board shuffle
The move signals a possible change in the company’s leadership. Current board members Katrina Bonde, Marcus Jacobs and David Nordberg will not be available for re-election at the proposed meeting.
Stillfront’s current board, as listed on its website, includes Bonde, Forsberg, Hedengren, Jacobs, Gernheimer and Nordberg.