29 April 2019
Announcement no. 25/2019
Alm. Brand A/S
– Results of the annual general meeting held on
29 April 2019
The annual general meeting of
Alm. Brand A/S
held today was conducted in accordance with the agenda and the complete proposals submitted by the Board of Directors.
The Annual Report for 2018 was approved, and discharge was granted to the Board of Directors and the Management Board. Moreover, the proposal submitted by the Board of Directors to pay an ordinary dividend of
DKK 1.50
per share for 2018 and an extraordinary dividend of
DKK 1.50
per share for 2018 was adopted.
The proposal submitted by the Board of Directors that it be authorised during the period until the next annual general meeting to let the company acquire treasury shares up to 10% of the share capital was adopted.
All board members elected by the shareholders were up for election and all were re-elected. The Board of Directors now consists of Jørgen Hesselbjerg Mikkelsen,
Jan Skytte Pedersen
,
Ebbe Castella
,
Anette Eberhard
, Per
V.H. Frandsen
,
Karen Sofie Hansen-Hoeck
, Flemming Fuglede Jørgensen and
Boris Nørgaard Kjeldsen
as well as four group representatives elected by the employees. Gustav Garth-Grüner,
Asger Bank Møller Christensen
,
Tina Schmidt Madsen
,
Kristian Kristensen
and
Jesper Bach
were re-elected as alternates.
Deloitte Statsautoriseret Revisionspartnerselskab
was re-appointed as the company’s auditors.
The Board of Directors’ proposal to amend the company’s signing powers set out in article 11.1 of the articles of association was adopted by the required majority of votes.
The proposal submitted by the Board of Directors to reduce the company’s nominal share capital by
DKK 33,400,000
, or 3,340,000 shares of
DKK 10
each, with a view to cancellation of treasury shares was adopted by the required majority of votes. Accordingly, the company’s share capital will be reduced from
DKK 1,610,000,000
nominal value to
DKK 1,576,600,000
, i.e. by a total amount of
DKK 199,431,400
.
The remuneration policy of the Alm.
Brand Group
and general guidelines regarding incentive-based remuneration in
Alm. Brand A/S
, cf. section 139 of the Danish Companies Act, were adopted.
At a board meeting held after the general meeting, the Board of Directors elected Jørgen Hesselbjerg Mikkelsen as its Chairman and
Jan Skytte Pedersen
as its Deputy Chairman.
Contact
Please direct any questions regarding this announcement to
Susanne Biltoft
, Director, Communications, on tel. +45 35 47 76 61.