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
The Board of Directors recommends that the report be adopted.
The Board of Directors proposes that the annual report for 2013 and onwards be prepared and produced in English only.
The Board of Directors recommends that the annual report be approved.
The Board of Directors recommends that the proposed remuneration be approved.
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.
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.
The Board of Directors proposes that Deloitte Statsautoriseret Revisionspartnerselskab be re-elected.
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
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