Communique from the Annual General Meeting of Nustay A/S

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Today, on August 31, 2020, the Annual General Meeting was held of Nustay A/S. Below follows a summary of the established decisions. All decisions were taken with the required majority.

Item 1: Election of chairman of the meeting

Chantal Pernille Patel was elected the chairman of the general meeting. 

Item 2: The Board of Directors’ report on the company’s activities in the past financial year

The general meeting took note of the board of directors’ report on the Company’s activities in 2019.

Item 3: Presentation of the Company’s annual report for 2019 for adoption

The general meeting adopted the audited annual report for 2019.

Item 4: Resolution concerning the appropriation of profits or losses as recorded in the adopted annual report

The general meeting decided that no dividend shall be distributed for fiscal year 2019.

Item 5: Election of members to the board of directors

The general meeting decided to re-elect Simon Skouboe, Christian Strøjer, Mathias Lundø Nielsen and Carl Erik

Skovgaard to the Board of Directors until the next Annual General Meeting.

Item 6: Election of auditor

The general meeting decided that the Company’s current auditor, Deloitte Statsautoriseret Revisionspartnerselskab, is re-elected until the next Annual General Meeting.

Item 7.a: Change of name for the Company’s register of shareholders keeper

The general meeting approved that articles 2.5, 6.9 and 6.11 of the articles of association be amended to reflect that the Company’s register of shareholders keeper now is VP Securities A/S after the recent merger between VP Securities A/S and VP Investor Services A/S.

Copenhagen August 31, 2020

Nustay A/S
The Board of Directors

For further information about Nustay A/S, please contact:                                   

Investor Relations, Nustay A/S

E-mail: investor@nustay.com

Website: www.nustay.com

About Nustay

Nustay is a Danish online hotel booking company established in 2014. The company has developed an innovative booking platform offering the lowest possible hotel prices while also enhancing customer’s booking experience. Nustay has set out an ambitious vision to become the global leader within the online hotel booking industry, and is confident its large hotel room inventory, novel pricing strategy, and transparent booking process, will achieve that goal.

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