To Nasdaq OMX Copenhagen A/S
Public announcement no. 452
June 25, 2019
PROCEEDINGS AT THE ANNUAL GENERAL MEETING ON JUNE 25, 2019
The Annual General Meeting of Glunz & Jensen Holding A/S took place on June 25, 2019 at Lindholm Havnevej 29, 5800 Nyborg, in accordance with the below agenda.
The Board of Directors appointed Søren Elmann Ingerslev, attorney-at-law, as Chairman of the meeting.
The Chairman of the Board of Directors accounted for the Company's activities in the past year and the shareholders took note of the presentation. The audited annual report for 2018/19 was submitted and adopted by the General Meeting. The General Meeting approved discharge to the Board of Directors and the Management.
In regards to appropriation of profits or covering losses appearing from the annual report, the General Meeting approved, in accordance with the adopted annual report and the Board of Directors’ proposal, that the result of the financial year 2018/19 is transferred to the next financial year and that no dividend is paid out.
The shareholder, Heliograph Holding GmbH, had suggested a customary one year election period for board members and that the rotation principle in the Articles of Associations is deleted. The suggestion was not adopted by the General Meeting.
The proposal for the Board of Directors remuneration for 2019/2020 was approved.
According to proposals from the shareholder, Heliograph Holding GmbH, the General Meeting approved that the size of the board of directors is reduced to three board members and that election is made for each board seat irrespective of the election periods of the existing board members.
In accordance with proposal from the shareholder, Heliograph Holding GmbH, Carsten Knudsen, Flemming Enevoldsen and Rolf Pfiffner were re-elected to the Board of Directors.
Hereafter, the Board of Directors consists of Carsten Knudsen, Flemming Enevoldsen, Rolf Pfiffner, Kristian Kvistgaard* and Stig Nedergaard*.
* Previously elected by the employees.
According to proposal from the Board of Directors, Ernst & Young Godkendt Revisionspartnerselskab was re-elected auditors of the Company.
The minutes of the Annual General Meeting will be made available at www.glunz-jensen.com as soon as possible.
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Following the Annual General Meeting, the Board of Directors met at the first meeting of the Board of Directors and Flemming Enevoldsen was elected Chairman of the Board of Directors and Carsten Knudsen was elected Vice-chairman of the Board of Directors.
For additional information:
Chairman of the Board of Directors, Flemming Enevoldsen, at phone +45 40 43 13 03