H+H International A/S - Business transacted at annual general meeting and first meeting of the Board of Directors
Company Announcement No. 282, 2013
Copenhagen, Denmark, 2013-04-17 17:10 CEST (GLOBE NEWSWIRE) --
H+H International A/S
Dampfærgevej 3, 3rd Floor
2100 Copenhagen Ø
Denmark
Telephone: +45 35 27 02 00
www.HplusH.com
Business transacted at annual general meeting and first meeting of the Board of Directors
The annual general meeting of H+H International A/S was held on Wednesday 17 April 2013 at 2.30 pm in accordance with the agenda in the notice of 14 March 2013 convening the annual general meeting.
The shareholders in general meeting adopted the audited annual report for 2012 and passed the resolution proposed by the Board of Directors of the loss after tax for 2012, DKK 82.4 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 their obligations.
The shareholders in general meeting passed the proposal by the Board of Directors for the remuneration of the Board of Directors for the 2013 financial year.
As proposed by the Board of Directors, the shareholders in general meeting elected Kent Arentoft, Stewart A Baseley, Asbjørn Berge, Pierre-Yves Jullien and Henriette Schütze to the Board of Directors.
As proposed by the Board of Directors, Deloitte Statsautoriseret Revisionspartnerselskab was re-appointed as the company’s auditor.
The shareholders in general meeting passed the proposal by the Board of Directors for amendment of article 13.2 of the Articles of Association, whereby the appointment of a Deputy Chairman of the Board of Directors is made optional.
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 Kent Arentoft as its chairman.
Kent Arentoft
Chairman of the Board of Directors
Michael T Andersen
CEO
For additional information please contact:
Michael T Andersen, CEO on telephone +45 35 27 02 00.
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.