Report from Annual General Meeting in DDM Holding AG

Today, DDM Holding AG (First North: DDM), (“DDM” or the “Company”) a multinational investor and manager of distressed assets, held its Annual General Meeting (“AGM”) in Zurich, Switzerland. All resolutions were passed with the required majority.

The AGM resolved to adopt the presented Income Statement and Balance Sheet, and the Consolidated Income Statement and Consolidated Balance Sheet. The Meeting also resolved to appropriate the Company’s profit or loss in accordance with the Board of Directors’ proposal in the Annual Accounts. Additionally, the Meeting resolved that no dividend is paid for the financial year 2014.

The AGM resolved to discharge the Board members and Chief Executive Officer from liability.

The AGM resolved that the Board of Directors will consist of Kent Hansson, Torgny Hellström, Savvas Liasis, Manuel Vogel and Fredrik Waker. Kent Hansson was re-elected as Chairman of the Board. By consultative vote it was resolved that the Board of Directors’ remuneration shall amount to the maximum aggregate amount of CHF 900,000 until the AGM 2016.

The AGM adopted the Board of Directors’ proposal to amend the Company’s articles of association as follows:

  1. to create authorized capital in the amount of up to CHF 3,550,000 (equivalent to 3,550,000 shares), that the authorization be limited to two years

  2. create conditional capital in the amount of up to CHF 500,000 in order to establish a share purchase plan for employees and members of the Board of Directors

  3. that the term of office of the members of the Board of Directors be reduced to one year

The AGM also resolved that, as in the previous year, auditors’ fees are payable in accordance with approved account, on the customary debiting terms. It was resolved that PricewaterhouseCoopers AG, Luzern, continue as the Company’s Independent Auditors until the next AGM.

For more information, please visit DDM’s website at www.ddm-group.ch or contact:

Anders Antonsson, Investor Relations
Mail: a.antonsson@ddm-group.ch | Tel: 46 8 4080 9030

DDM Holding AG (Nasdaq First North Stockholm: DDM) is a multinational investor and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Eastern Europe, with 2.2 million receivables in nominal value over EUR 1.7 billion. DDM Treasury Sweden AB (publ) (NGM: DDM1) is a subsidiary wholly owned by DDM Holding AG. Pareto Securities is DDM Holding AG’s Certified Adviser.

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About Us

DDM Holding AG (First North: DDM) is a multinational investor in and manager of distressed assets, offering the prospect of attractive returns from the expanding Southern, Central and Eastern Europe market. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, and has acquired 2.3 million receivables with a nominal value of over EUR 3.5 billion. For sellers (banks and financial institutions), management of portfolios of distressed assets is a sensitive issue as it concerns the relationship with their customers. For these sellers, it is therefore critical that the acquirer handles the underlying individual debtors professionally, ethically and with respect. DDM has longstanding relations with sellers of distressed assets, based on trust and the Company’s status as a credible acquirer. The banking sector in Southern, Central and Eastern Europe is subject to increasingly stricter capital ratio requirements resulting in distressed assets being more expensive for banks to keep on their balance sheets. As a result, banks are increasingly looking to divest portfolios of distressed and other non-core assets. DDM Holding AG, the Parent Company, is a company incorporated and domiciled in Baar, Switzerland and listed on Nasdaq First North in Stockholm, Sweden, since August 2014.

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