2014-02 Notice convening the Annual General Meeting

To the shareholders of William Demant Holding A/S

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| Source: William Demant Holding A/S
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Smørum, Denmark, 2014-03-11 11:02 CET (GLOBE NEWSWIRE) --  

Notice is hereby given of the Annual General Meeting of William Demant Holding A/S to be held on:

Wednesday, 9 April 2014 at 4 p.m.

at the Company's address

Kongebakken 9, 2765 Smørum, Denmark

Agenda

  1. Report of the Board of Directors on the Company's activities during the past year.

The Board of Directors recommends that the report be adopted.

  1. Annual report in English.

The Board of Directors proposes that the annual report for 2013 and onwards be prepared and produced in English only.

  1. Presentation for approval of the audited annual report, including the consolidated financial statements.

The Board of Directors recommends that the annual report be approved.

  1. Approval of remuneration for the Board of Directors for the current financial year.

The Board of Directors recommends that the proposed remuneration be approved.

  1. Resolution on the appropriation of profit or covering of loss according to the approved annual report.

The Board of Directors proposes that the profit of DKK 1,157 million be transferred to the Company's reserves to the effect that no dividend be paid.

  1. Election of members to the Board of Directors.

Under Article 11.2 of the Articles of Association, board members elected by the Annual General Meeting are elected for one-year terms. At the 2014 Annual General Meeting, Lars Nørby Johansen, Peter Foss and Niels B. Christiansen stand for re-election whereas Thomas Hofman-Bang does not stand for re-election. The Board of Directors proposes that Ms Benedikte Leroy be elected as a new board member.

  1. Election of auditor.

The Board of Directors proposes that Deloitte Statsautoriseret Revisionspartnerselskab be re-elected.

  1. Any proposal from the Board of Directors or shareholders.

The Board of Directors has submitted the following proposals:

- Authorisation to the Board of Directors to let the Company acquire own shares

- Authority to the chairman of the Annual General Meeting

  1. Any other business

Before the Annual General Meeting, coffee and cake will be served from 3 p.m. Parking spaces have been reserved at the main entrance, and there will be free, regular transport from the nearby Kildedal S-train station between 2.40 and 3.20 p.m. and back again after the Annual General Meeting.

Please note that the entire Annual General Meeting will be transmitted live on the Company's website. Shortly before 4 p.m., you can watch live coverage with audio throughout the meeting on www.demant.com.

The Board of Directors

 

Further information:                             Other contacts:

Niels Jacobsen, President & CEO       Stefan Ingildsen, SVP Finance

Phone +45 3917 7300                         Søren B. Andersson, VP IR

www.demant.com                                Rasmus Sørensen, IR Officer