H+H International A/S - Business transacted at annual general meeting and first meeting of the Board of Directors
H+H International A/S
Decisions of annual general meeting
H+H International A/S - Business transacted at annual general meeting and first
meeting of the Board of Directors
Company Announcement No. 261, 2012
Copenhagen, Denmark, 2012-04-18 14:54 CEST (GLOBE NEWSWIRE) --
H+H International A/S
Dampfærgevej 3, 3rd Floor
2100 Copenhagen Ø
Telephone: +45 35 27 02 00
Business transacted at annual general meeting and first meeting of the Board of
The annual general meeting of H+H International A/S was held on Wednesday 18
April 2012 at 2.00 pm in accordance with the agenda in the notice of 23 March
2012 convening the annual general meeting.
The shareholders in general meeting adopted the audited annual report for 2011
and passed the resolution proposed by the Board of Directors of the loss after
tax for 2011, DKK 117.5 million, to be carried forward to the next financial
year, and that there shall be no payment of dividend. The Board of Directors
and the Executive Board were discharged with respect to the performance of
The shareholders in general meeting passed the proposal by the Board of
Directors for the remuneration of the Board of Directors for the 2012 financial
As proposed by the Board of Directors, the shareholders in general meeting
re-elected Stewart A Baseley, Asbjørn Berge, Pierre-Yves Jullien, Anders C
Karlsson and Henrik Lind to the Board of Directors.
As proposed by the Board of Directors, Deloitte Statsautoriseret
Revisionspartnerselskab was appointed as the company’s auditor.
The shareholders in general meeting passed a resolution granting the Board of
Directors authority, until the next annual general meeting, to permit the
company to purchase own shares to the extent that the nominal value of the
company’s total holding of shares at no time exceeds 10% of the company’s share
capital. The purchase price may not deviate by more than 10% from the market
price quoted on NASDAQ OMX Copenhagen at the date of the purchase.
At a meeting of the Board of Directors held immediately after the annual
general meeting, the Board of Directors elected Anders C Karlsson as its
chairman and Asbjørn Berge as deputy chairman.
Anders C Karlsson
Chairman of the Board of Directors
Michael T Andersen
For additional information please contact:
Michael T Andersen, CEO, or Niels Eldrup Meidahl, CFO, on telephone +45 35 27
This is a translation of the company's announcement in Danish. In case of
inconsistency between the Danish text and this English translation, the Danish
text will take precedence.