Articles of Association § 1. Name The name of the company is egetæpper a/s its secondary names are: Wittrup A/S Gram Tæpper A/S Scantuft A/S ege axminster a/s, and Birke Tæpper A/S. § 2. Purpose The purpose of the company is to conduct carpet manufacturing and/or other manufacturing activities within the textile industry, directly or indirectly conducting business including import and export activities. § 3. Share capital The company’s fully paid in share capital is DKK 26,210,600.00, in words twenty six million two hundred and ten thousand six hundred Danish kroner, divided into A-shares of DKK 3,303,400.00 and B-shares of DKK 22,907,200.00. The share capital is divided into capital shares of DKK 10.00 and multiples thereof. §4. Shareholder rights The A-shares are non-negotiable instruments, and are made out to the holder’s name. They shall be entered in the company’s register of owners and transfers of A-shares are not valid in relation to the company, unless the transfer is reported to the company and listed in the register of owners. The Board of Directors holds no responsibility for the authenticity of listed transfers. The register of owners is kept by the Board of Directors on behalf of the company. The B-shares are negotiable instruments that are registered via VP Securities and are made out to the holder, but can be listed under a name in the company’s register of owners. Each A-share amount of DKK 10.00 gives 10 votes, and each B-share amount of DKK 10.00 gives 1 vote. No shareholder shall be obligated to cash in their shareholding, either in full or in part. With the exception of what has been agreed in relation to the voting rights for A- and B-shareholders and the below provisions regarding a right of pre-emption for A- and B-shareholders with future capital increases, no share confers any specific rights. Increase of share capital may occur through the issue of both A- and B-shares according to the proportion between the two capital classes at the time of increase, or via either A- or B-shares. If the company’s share capital is expanded by subscription, unless otherwise specifically decided by the annual general meeting the shareholders have a right of proportional subscription to the new shares such that, where the increase includes both A- and B-shares, only A-shareholders are entitled to subscribe to new A-shares
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