Announcement no. 06 - 2007/08 June 27, 2007
ANNUAL GENERAL MEETING IN THRANE & THRANE A/S
On Wednesday, June 27, 2007, the annual general meeting of Thrane & Thrane A/S
(CVR no. 65 72 46 18) was held at the company's head office, Lundtoftegårdsvej
93D, DK-2800 Kgs. Lyngby, Denmark.
46.76% of the company's share capital was represented.
The Board of Directors had elected Jakob Skaadstrup Andersen as chairman of the
meeting. The chairman of the meeting verified that the annual general meeting
was regularly constituted and formed a quorum for the transaction of the
business on the agenda.
The agenda comprised the following business:
1. To receive the Board of Directors' report on the activities of the company.
A report was submitted on the activities of the company. The shareholders at
the annual general meeting adopted the report.
2. To receive a presentation of and to approve the annual report and to pass a
resolution for ratification of the acts of the Board of Directors and the
Management Board.
The Management submitted the annual report for the financial year ended April
30, 2007. The shareholders at the annual general meeting approved the annual
report by all votes present and likewise passed a resolution for ratification
of the acts of the Board of Directors and the Management Board.
3. To pass a resolution on the distribution of profit or the treatment of loss
according to the adopted annual report.
The annual report as adopted contained the Board of Directors' proposal for
allocation of the profit for the year. The shareholders at the annual general
meeting adopted the Board's proposal by all votes present.
4. To elect members to the Board of Directors.
The shareholders at the annual general meeting re-elected Waldemar Schmidt,
Walther Thygesen, Lars Thrane and Morten Eldrup-Jørgensen by all votes present.
For the purpose of the minutes of the annual general meeting, it was noted that
the Board had subsequently elected Waldemar Schmidt as chairman.
The shareholders at the annual general meeting were informed that Gert Jensen
and Morten Jagd Christensen last year were elected as employee representatives
of the Board of Directors. Mr. Jensen's and Mr. Christensen's term of office
expires in June 2010.
5. To appoint auditors.
The shareholders at the annual general meeting elected Grant Thornton as
auditor by all votes present.
6. To consider resolutions proposed by the Board of Directors or shareholders.
a. Resolutions proposed by the Board of Directors
The shareholders at the annual general meeting passed the resolutions proposed
by the Board of Directors.
--oo0oo--
There was no further business to be transacted at the annual general meeting,
and the meeting closed at 18.00.
For further information please contact
John Alexandersen, Vice President Corporate Communication
Tel.: +45 39 55 88 00 or +45 22 72 38 22
E-mail: investor@thrane.com
About Thrane & Thrane
Thrane & Thrane is the world's leading manufacturer of equipment and systems
for global mobile communication based on sophisticated satellite and radio
technology. Since its incorporation in 1981, the company has established a
strong position within global mobile communication solutions based on the
Inmarsat system, and today Thrane & Thrane provides equipment for maritime,
land-based and aeronautical use. The company's products are sold throughout the
world under the brands Thrane & Thrane, EXPLORER® and SAILOR® through
distributors and partners and as OEM products. Thrane & Thrane has
approximately 800 employees and is listed on the Copenhagen Stock Exchange.
More information about Thrane & Thrane A/S at www.thrane.com
