OMX The Nordic Exchange Copenhagen A/S
Announcement no. 13/2007
Extract from Minutes of General Meeting
On Friday 27 April 2007, the Annual General Meeting of Maconomy A/S, CVR no. 13
70 39 73, was held at the Company's address, Vordingborggade 18-22, DK-2100
Copenhagen Ø.
The general meeting was convened with the following agenda:
1. Presentation of the report of the Board of Directors on the Company's
activities during the past year.
2. Presentation of the Company's audited annual report for adoption.
3. Decision to distribute the net profit for the year or cover the net loss for
the year in accordance with the annual report as adopted.
4. Election of members to the Board of Directors.
5. Resolutions proposed by the Board of Directors
a. Change of term of office for members of the Board of Directors from three
years to one year.
b. Amendment to Article 11.1 of the Articles of Association to fix an age limit
of 70 years for members of the Board of Directors.
c. Addition of Article 21 to the Articles of Association to allow electronic
communication with shareholders.
d. Amendment of Article 20 to authorise the Board of Directors to pass a
resolution until the next Annual General Meeting for distribution of
extraordinary dividend.
e. Amendment of Article 17.3 of the Articles of Association to authorise the
Board of Directors to increase the capital by up to a nominal value of DKK
3,354,000 in connection with warrants issued in the period 1998-2005. The
authority shall be granted for a period of five years to expire on 27 April
2012.
f. Amendment of Article 17.1 of the Articles of Association to authorise the
Board of Directors to issue warrants at a nominal value of DKK 1,250,000 and to
increase the capital as required. The authority shall be granted for a period
of five years to expire on 27 April 2012.
g. Authorisation of the Board of Directors to allow the Company, in the period
expiring at the date of the next Annual General Meeting, to purchase its own
shares within the upper limit of 10 per cent of the share capital, cf. section
48(1) of the Companies Act, for a maximum price equivalent to the market price
quoted plus 10 per cent.
6. Proposal for the re-election of PricewaterhouseCoopers Statsautoriseret
Revisionsaktieselskab as the Company's auditors.
7. Proposals from the Board of Directors or the shareholders.
8. Any other business.
Re 3 A resolution to distribute the net profit for the year or cover the net
loss for the year in accordance with the annual report as adopted
It was proposed that the net loss for the year of DKK 15.652 million be carried
forward to the next financial year.
The resolution was passed unanimously.
Re 4 Election of members to the Board of Directors
The Chairman informed the meeting that a resolution had been proposed for the
re-election of Thomas Hartwig as member of the Company's Board of Directors.
The resolution was passed unanimously.
Re 5 Resolutions proposed by the Board of Directors
The resolutions were passed unanimously.
Re 6 Proposal for the re-election of PricewaterhouseCoopers Statsautoriseret
Revisionsaktieselskab as the Company's auditors.
The Chairman informed the meeting that a proposal had been submitted for the
re-election of PricewaterhouseCoopers Statsautoriseret Revisionsaktieselskab as
the Company's auditors.
The resolution was passed unanimously.
The Annual General Meeting has not received any notifications other than those
stated in the notice convening the Annual General Meeting, cf. Handbook for
Issuers on the Copenhagen Stock Exchange, Part II, paragraph 3, chapter 4,
clause 34.
Chairman and secretary of meeting:
Mogens Flagstad
This announcement has been prepared in Danish and English. The Danish version
is to be considered the original version for official purpose and in case of
any discrepancies between the two versions the Danish version shall prevail.
