The provisions laid out in this paragraph are also applicable with forced sale through estate administration or debt enforcement in general. There are no restraints to the transfer of B-shares. § 7. Annual General Meeting The company’s annual general meetings are called by an announcement from the Board of Directors on the company’s website and via the Danish Business Authority’s IT system with no less than three weeks’ and no more than five weeks’ notice, and in writing with the same deadline to the shareholders listed in the register of owners who have expressed a wish for this. Written calls to meeting are sent to the addresses listed in the register of owners. The ordinary annual general meeting shall be held in sufficient time for the revised and approved annual report to be submitted to the Danish Business Authority no later than four months after the close of the financial year. The annual general meeting is held in Herning. The annual general meeting is open to the press. No more than eight weeks before the planned date for the annual general meeting, the date for this is published on the company’s website. In order to be considered for discussion in the annual general meeting, proposals from the shareholders must be submitted to the Board of Directors in writing no later than six weeks before the annual general meeting. If the company receives the request less than six weeks before the annual general meeting, the Board of Directors will decide whether the request was presented in sufficient time to allow the subject to be included on the agenda. Within a consecutive period of three weeks, beginning no later than three weeks before the annual general meeting, including the day of the meeting, the company shall make a minimum of the following information available to shareholders on the company’s website: 1. Call to meeting 2. The total number of shares in the company and voting rights at the date of calling the meeting, including the total amounts for each capital class. 3. The documents to be presented at the annual general meeting. 4. The agenda and complete proposals. 5. Where necessary, the forms to be used for voting by proxy and voting by post, unless these forms are sent directly to the shareholders. If these forms cannot be made available online for technical reasons, the company will provide information on its website on how to obtain the forms in paper format. In such cases, the company will send the forms to each shareholder who requests them. The costs of this are covered by the company. § 8. The agenda for the annual general meeting shall include the following business: 1. Election of meeting chairman. 2. Management Report 3. Presentation of the annual report for approval. 4. Decision on appropriation of profits or covering of losses according to the annual report as approved. 5. Election of members to the Board of Directors. 6. Election of auditor. 7. Proposals received. 8. Any other business.
Download PDF file
Build your own flipbook