Nasdaq Copenhagen
Nikolaj Plads 6
DK-1007 Copenhagen K
31 March 2016
Announcement No. 12
Annual General Meeting 2016 of NKT Holding A/S
The Annual General Meeting of NKT Holding A/S was held on Thursday 31 March 2016, cf. Company Announcement No. 6 of 8 March 2016.
The Annual General Meeting approved the following:
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2015 Annual Report containing Managements review, the consolidated accounts and the audited annual accounts of the parent company, as well as the auditors’ and the Group Management’s reports including the Board of Director’s proposal for a dividend of DKK 4.00 per share of nominally DKK 20.
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Discharge of the Board of Directors and the Executive Management Board.
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The Board of Director’s proposal for remuneration to the Board of Directors for 2016 of DKK 900,000 to the Chairman, DKK 600,000 to the Deputy Chairman and DKK 300,000 to each of the other members.
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The Board of Director’s proposal for remuneration to the Chairman of the Audit Committee of DKK 200,000, and DKK 100,000 to the other member.
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The Board of Director’s proposal for remuneration to the Chairmen of the Remuneration Committee and Nomination Committee of DKK 100,000 each and DKK 50,000 to the other member of each committee.
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The Board of Director’s proposal for remuneration to the Chairman of the working committee in Nilfisk and NKT Cables of DKK 200,000, and DKK 100,000 to the other member of each committee.
- The Board of Director’s proposal for remuneration to the Chairman of the working committee in NKT Photonics of DKK 150,000 and DKK 75,000 to the other member of the committee.
Jens Due Olsen, Jens Maaløe, Jutta af Rosenborg and Lars Sandahl Sørensen were all re-elected as members of the Board of Directors. René Svendsen-Tune and Anders Runevad were elected as new members of the Board of Directors.
Deloitte Statsautoriseret Revisionspartnerselskab was re-elected as sole auditor of the Company.
The following authorisation to the Board of Directors was adopted:
- For the period until 31 March 2021 the Board of Directors is authorised to arrange for acquisition of the Company’s own shares up to a nominal value of 10% of the share capital.
The following amendments to the Articles of Association of the Company were adopted:
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Computershare A/S, Company Registration No. 27 08 77 88, was elected as external registrar. The wording of Article 3.4, second sentence and article 7.5, third sentence of the Articles of Association will be amended accordingly.
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Conversion of the Company’s shares from shares issued to bearer to shares registered in the name of the shareholder. The wording of article 3.4, first sentence, 3.A.3, 3.B.3 section 4, 3.B.4 section 4, 3.B.5, section 3, 3.C1.2, 3.CI.2 and 3.CII.2 of the Articles of Association will be amended accordingly.
- Deletion of article 3 B VIII and Exhibit I as the authorisation is exhausted and has expired.
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At a meeting of the Board of Directors held after the Annual General Meeting, Jens Due Olsen was elected Chairman of the Board of Directors and René Svendsen-Tune was elected Deputy Chairman.
Yours faithfully
NKT’s Board of Directors
Jens Due Olsen
Chairman
The Chairman’s report is available at www.nkt.dk
