At Transcendent Group you will meet experienced consultants within Governance, Risk and Compliance. We are an independent adviser with a clear understanding of risk and business value. Based on our clients’ needs, we support them in projects through the provision of outsourced solutions or through secondment roles. Our clients operate in both the public and private sector, including government agencies, businesses and other organizations in a variety of industries.
Founded in Stockholm in 2001, Transcendent Group is a value-driven company. We hand-pick our employees, and only recruit experienced consultants from within Governance, Risk and Compliance. Today, Transcendent Group has grown to become a consulting business with offices throughout Europe.
Based on the overall financial targets, as well as the short-term and long-term objectives for the group, the Board has decided on the following dividend policy for the parent company;
Here are the financial reports which may be of interest to shareholders, analysts and other stakeholders.
Transcendent Group expects to publish the following financial reports, in accordance with the timetable below:
20 November 2019 Interim Report Q3 2019
20 February 2020 Year-end Report 2019
19 May 2020 Interim Report Q1 2020
20 August 2020 Interim Report Q2 2020
Avanza Bank AB
08 – 562 250 00
Transcendent Group is a Swedish public limited liability company. Prior to the listing on Nasdaq First North Premier Growth Market, corporate governance in the Company was based on Swedish laws and regulations, the Company’s article of associations as well as internal rules and instructions.
As a company listed on Nasdaq First North Premier Growth Market, the Company will apply the Swedish Corporate Governance Code hereafter referred to as “the Code”. The Code is based on the principle “comply or explain”.
The company will comply with the Nasdaq First North Rulebook, as well as other Swedish and foreign laws and regulations, the company’s articles of associations as well as its internal rules and instruction.
Member and Chairman of the Board since 2015.
Håkan is a lawyer and worked at Swedbank for 30 years in both operative roles as well as with roles in Governance, Risk and Compliance. He was a member of the Group Management Team for the last 15 years of his time at Swedbank. Since 2014, Håkan has been active with several board assignments, consulting and investments through his own companies. Håkan is currently Chairman of the Board in four unlisted companies.
Education: Bachelor degree in Law at Uppsala University
Other assignments: Chairman of board for Avtal 24 AB, ChorusClass AB and Montaro AB and member of the board and chairman of the Audit Commitee, ICA Banken.
Previous assignments the last five years: Member of the board Lendico AB.
Shareholding: 556 692 shares.
Member of the board since 2018.
Sigrun has worked for 20 years at Ericsson in several senior roles, inlcuding CEO of Ericsson Components AB. After her time at Ericsson, she was one of the founders of the Risk Capital company, Brainheart Capital HB. Sigrun has, since 2015, mostly dedicated herself to board assignments and is currently a member of the board in three listed companies; Addnode Group EB, Eolous Vind AB and Edgeware AB.
Education: Degree in Engineering, Technical Physics and Technology Licentiate, Applied Physics at the Royal Institute of Technology.
Other assignments: Chairman of the board at Igot AB, Facesso AB. Member of the board at Addnode group AB, Eolus Vind AB, Ragnsellsföretagen AB, Edgeware AB, Teqnion AB and Azelio AB.
Previous assignments the last five years: Member of the board at Blutest AB, Silex Microsystem AB, Danmarks Tekniske Universitet DTU, Saminvest AB and Clavister AB. Member and chairman of the board at Nordic Iron Ore AB. Member of the board at Almi Invest Östra Mellansverige, Almi Invest Stockholm and Fouriertransform AB.
Shareholding: 5 000 shares.
Member of the board since 2018.
After 17 years with IBM, Lars developed consultancies within IT such as Corda Consulting AB, Mind AB and Canvisa Consulting AB. Canvisa AB was integrated with Tieto at the end of 2013, whereas Lars received the overall responsibility for Tietos business transformation for clients within the financial sector. In 2015, Lars also undertook the responsibility for Tietos M&A activities within the financial sector. As of today, Lars is a member of the board in Forex Bank, Biocool and Anerli Förvaltning AB.
Education: Degree in Business Administration, Stockholm School of Economics.
Other assignments: Member of board in Biocool AB, Forex Bank AB and Anerli Förvaltning AB.
Previous assignments the last five years: Member of the board at Nasdaq BrokerServices AB. CEO and member of the board at Lomaragd Invest, Canvisa Consulting AB and Corda Consulting AB.
Shareholding: 5 000 shares.
Member of the board since 2018.
Ingrid started her career with Proffice. She then joined NGS Group in 2008 and took the role as CEO in 2010. NGS is a market leading staffing and recruitment company listed on Nasdaq with an annual turnover of around 700 MSEK. Ingrid is also a member of the board at OEM International AB, listed on Nasdaq.
Education: Degree in Business Administration, Lund University
Other assignments: CEO of NGS Group AB. Member and Chairman of the board in Source Executive Recruitment AB, Human Capital Group HCG AB, Nurse Partner Scandinavia AB, Nurse Partner Norge AS, Plus Care AB, AB Resursläkarna i Sverige AB, Socinomuthyrning i Sverige AB, Source D3 i Finland OY.
Precious assignments the last five years:e-Quality Personalkraft AB, Octapod AB, Klona Rekrytering AB, Decennium3 Nordic AB. Member of the Board in OEM international AB and HomeMaid AB.
Shareholding: 5 000 shares
Member of the board since 2015.
Magnus was one of the four founders of Transcendent Group back in 2001. Magnus is still one of the main owners of TG and is also partner and CEO of Solidify AB.
Education: Master of Science in Computer Science, University of Colorado.
Other assignments: Member of the board and CEO of Solidify AB and Solidify Holding AB, member of the board at Koppslahyttan Holding AB.
Previous assignments the last five years: Transcendent Group Holding Inc.
Shareholding: 912 996 shares.
CEO of Transcendent Group AB since 2016.
Education: Master of Science in Computer and Systems Science at Stockholm University
Previous assignments the last five years: Member of the board Maquire AB.
Shareholding: 1 551 565 shares.
CFO at Transcendent Group AB since 2015.
Education: Master of Science in economics (Accounting/ Financial Management) at Stockholm University.
Other assignments: Deputy director of Fleet consulting AB, Fleet consulting Stockholm AB and software solutions i Norden AB. Styrelsesuppleant in Fleet consulting AB, Fleet consulting Stockholm AB and Total software solutions i Norden AB. Auditor in BRF skålen 11.
Shareholding: 56 000 shares
Chief Operation Officer at Transcendent Group AB since 2018.
Education: Master of Science in data and systems science at Stockholm University
Previous assignments the last five years: –
Shareholding: 106 000 shares
Chief HR officer and Chief Marketing Officer at Transcendent Group AB since 2017.
Education: Separate courses in HR and marketing.
Other assignments: Member of the board at First Reserv AB and F1R Löneoutsourcing AB. Owner and member of the board at Lisa Dennis AB. Partner of TobagoCocoa Estate Limited. Deputy director of JTB Byggproduktion AB.
Previous assignments the last five years: Owner of Dennis Invest Limited.
Shareholding: 16 000 shares
Head of New markets at Transcendent Group Norge AS since 2019.
Education: Bachelor of Computer Science, Sør-Trøndelag University College, Master of Business Administration (MBA), University of Technology, Sydney.
Previous assignments the last five years: Member of the board at Transcendent Group AB, CEO of Transcendent Group Norge AS.
Shareholding: 252 800 shares.
CEO of Transcendent Group Stockholm AB since 2018.
Education: Master of Science in Business Administration at Linköping University.
Other assignments: Deputy director at AB E. Bohlins Maskiner.
Previous assignments the last five years: Member of the board at Transcendent Group AB
Shareholding: 692 585 shares.
CEO of Transcendent Group Finland Oy since 2017.
Education: Master of Law, University of Helsinki and Executive MBA (Finance), Hanken School of Economics Helsinki.
Other assignments: Member of board at Rahakone Oy, Chariman of board at Oviku Oy.
Previous assignments the last five years: Senior manager PricewaterhouseCoopers Oy.
Shareholding: 80 000 shares.
CEO of Transcendent Group Norge AS since 2019.
Education: Master of Science in Telematics, Computer and Network Security, Norwegian University of Science and Technology.
Previous assignments the last five years: Manager EY.
Shareholding: 75 500 shares
The auditor’s role is to examine Transcendent Group’s annual reports and accounts as well as the administration of the board and the CEO. After each financial year, the auditor must submit an audit report to the Annual General Meeting.
The noted auditing firm KPMG AB (P.O. Box 362, 101 27 Stockholm) has been Transcendent Group’s auditors since the general meeting in 2018 and was re-elected during the general meeting (held on May 27, 2019) until the end of the general meeting in 2020. Mattias Johansson (authorized accountant and member of FAR) has been responsible for auditing since the general meeting in 2018.
In 2018, the total remuneration to the auditors was [235 000] SEK.
The general meeting is Transcendent Group’s highest governing body in accordance to the Swedish law ‘aktiebolagslagen (2005:551). It is at the general meeting that the shareholders can exercise their influence in the company. The annual meetings will be held in Stockholm where the Company has its headquarter.
The note for the General Meeting will be distributed to the post and published in a domestic newspaper. The note will be made public on the Company’s webpage (transcendentgroup.com/investors).
§ 1 Company name
The name of the company is Transcendent Group AB (publ).
§ 2 Headquarters
The headquarters of the board of directors shall be in the municipality of Stockholm.
§ 3 Business activities
The business activities of the company shall be to, directly or indirectly, through wholly or partly owned companies, provide consultancy services to authorities, companies and organizations in the field of operations management, risk management, risk control and compliance, own and manage shares and real estate and to conduct activities related thereto.
§ 4 Share capital
The share capital shall be not less than SEK 500 000 and not more than SEK 2 000 000.
§ 5 Number of shares
The number of shares shall be not less than 5 000 000 and not more than 20 000 000.
§ 6 Board of directors
The board of directors shall be made up of a minimum of 3 and a maximum of 8 board members with a maximum of 3 deputy board members. The board members and deputy board members are elected annually at the annual general meeting for the period until the end of the next annual general meeting.
§ 7 Auditors
The company shall have 1–2 auditors and not more than 2 alternate auditors or a registered accounting firm.
§ 8 Notice
Notice to attend a general meeting shall take place through an announcement in the Official Swedish Gazette and by making the notice to attend available on the company’s website. Concurrently with the issuance of notice to attend, the company shall announce, in Svenska Dagbladet, that notice to attend has been given.
The right to participate at general meetings shall vest in any shareholder who, five weekdays prior to the general meeting, is listed as a shareholder in the share register and has notified the company thereof not later than the date specified in the notice of their attention to intendthe general meeting. Such a date may not be a Sunday, other public holiday, Saturday, Midsummer Eve, Christmas Eve or New Year’s Eve and may not occur earlier than the fifth weekday prior to the general meeting.
§ 9 Matters for the annual general meeting
The following matters shall be addressed at the annual general meeting.
Any other matter to be addressed at the meeting according to the Swedish Companies Act (2005:551) or the articles of association.
§ 10 Financial year
The company’s financial year shall be January 1 – December 31.
§ 11 Record day
The company’s shares shall be registered in a CSD register (central securities depository) pursuant to the Central Securities Depositories and Financial Instruments (Accounts) Act (SFS 1998:1479).
Transcendent Group does not have a nomination committee. The nomination committee’s duties are executed by the Board. The guidelines for the selection of a Nomination Committee will be implemented during the Ordinary General Meeting in 2020. A nomination committee will then be appointed in accordance with these guidelines and ‘The Code’.