Company announcement
Announcement no. 16/2019
At the annual general meeting of P/F BankNordik on Thursday, March 21, 2019, the general meeting:
- Took note of the Board of Directors’ report on the company’s activities in 2018
- Adopted the Annual Report 2018, including the annual accounts with the auditors’ report
- Approved the proposed allocation of profit according to the adopted annual report, including payment of dividend of DKK 7 per share of DKK 20, corresponding to DKK 70 million or 26.7% of the net profit for the year
- Approved the proposal from the Board of Directors’ that the general meeting elects six members to the Board of Directors
- Re-elected Stine Bosse, Barbara Pállsdóttir Vang, Kim Jacobsen, Jógvan Jespersen and John Henrik Holm, and elected Gunnar Nielsen as members of the Board of Directors
- Re-appointed P/F Januar, løggilt grannskoðanarvirki together with PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab as external auditors
- Adopted the proposal from the Financing Fund of 1992 on revoking the quorum-requirement in section 9.2 of the Articles of Association when deciding on the Board of Directors’ proposal on reduction of BankNordik’s share capital according to article 4.1 in the Articles of Association
- Approved the proposal from the Board of Directors’ regarding reduction of BankNordik’s share capital according to article 4.1
- Approved the Board of Directors’ proposal to renew and extend the existing authority to acquire own shares
- Adopted Board of Directors’ proposal for remuneration of the Board of Directors in 2019
Immediately after the annual general meeting the Board of Directors met to elect its Chairman and Vice Chairman. Stine Bosse was re-elected Chairman and Barbara Pállsdóttir Vang was re-elected as Vice Chairman.
The Board of Directors of P/F BankNordik hereafter consists of:
- Stine Bosse, Chairman of the Board
- Barbara Pállsdóttir Vang, Vice Chairman of the Board
- Kim Jacobsen, Board Member
- Jógvan Jespersen, Board Member
- John Henrik Holm, Board Member
- Gunnar Nielsen, Board Member
- Kenneth M. Samuelsen, Board Member, employee representative
- Dan Rasmussen, Board Member, employee representative
- Alexandur Johansen, Board Member, Group representative
P/F BankNordik
CEO’s Office
For additional information, please contact:
Árni Ellefsen, CEO, tel. (+298) 230 348
BankNordik has banking activities in Denmark, Greenland and the Faroe Islands and insurance activities in the Faroe Islands. Founded in the Faroe Islands more than a century ago, the Group has total assets of DKK 16.7bn and 385 employees. The Bank is subject to the supervision of the Danish Financial Supervisory Authority and is listed on Nasdaq Copenhagen.