Company announcement 4 / 2008
9 April 2008
General Assembly
Find enclosed a summons to the General Assembly 25th April 2008 in PARKEN Sport
& Entertainment A/S.
PARKEN Sport & Entertainment A/S
Flemming Østergaard
Chairman
Summons
to General Assembly Friday April 25 2008 2.00 pm.
In PARKEN Sport & Entertainment A/S
CVR-nr. 15107707
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The General Assembly will be held at PARKEN, Øster Allé 50, 2100 Copenhagen Ø,
Entrance A 0.
The General Assembly will have the following:
AGENDA
1. Appointment of Chairman of the Meeting
2. The Boards report.
3. Presentation of the audited annual report for approval.
4. Decision regarding use of the corporate profit according to the approved
annual report.
5. Consideration of accepted proposals.
A. Proposal from the Board regarding changes to the Company's Articles of
Association.
The essential contents of the proposed changes in the Articles are as follows:
- Adjustment of the objects clause of the Company in order for this to be
geared to the current activities of the Company. The wording of § 2 will be as
follows:
”The object of the Company is to manage professional sport, primary soccer and
associated businesses, among others trading, service and investments, to be
naturally made jointly with professional sport.
Additionally it is the object of the Company to offer services within the
leisure industry, among others holding concerts and congresses, shot term
vacations et cetera as well as operating and investing in the leisure industry
moreover and every therefrom diverted business. Finally it is the object of the
Company to combine the objects mentioned above, including operating fitness
centers and other combinations of sports- and leisure activities.”
- § 11 of the Articles of Association is changed in order to allow a expansion
of the Board, henceforth the Company is to be headed by a Board of 5 - 10
members.
B: Proposal from the Board regarding approval of general guidelines of
incentive salary of management and chairmann of the Board. The proposal of the
Board will be issued to the shareholders registrered by name. As a consequence
of the Companies act § 69b the general guidelines must be considered and
approved by the general assembly. If the General assembly approves the
guidelines as suggested by the Board the following clause, which do not require
a distinct approval, will be put in the Company's Articles of Association as §
13a:
”General guidelines regarding incentive salary of chairmann of the Board and
management have been made. The guidelines has been approved by the general
assembly and are published on the homepage of the company.”
C: Proposal that the Board shall be authorized to buy the Company's own shares
with up to 10% of the share capital.
According to § 7 of the Articles of Association, in order to decide on the
proposals mentioned under 5.a, ¾ of the share capital must be represented on
the general assembly and the proposals must be decided by ¾ of the votes as
well as ¾ of the share capital represented on the general assembly.
6. Election of members to the Board.
All members of the Board accept renomination.
7. Election of auditors
8. Any other business
The proposals in full wording, the audited annual report provided with the
certification of the auditers and signature of the management and Board as well
as curriculum vitaes of candidates to the Board, are presented at the Company's
offices at Øster Allé 50, 2100 Copenhagen Ø, 8 days at the latest, before the
date of the General Assembly.
The share capital of the Company amounts to DKR 49.376.000 shared in shares of
DKR 20,00 or multiple hereof. Each share of nominal DKR 20 represents one vote.
Nordea Bank Danmark A/S is the institute for issuing of shares. The
shareholders may exercise their financial rights through Nordea Bank Danmark
A/S.
Admittance cards with voting rights to the General Assembly can be requested up
to 5 days before the General Assembly by contacting VP Investor Services A/S,
Helgeshøj Allé 61, 2630 Taastrup, or in accordance with Company Articles of
Association § 8. Admittance cards may also be ordered and proxys be given on
www.parken.dk.
Copenhagen, 9th April 2008
Flemming Østergaard
Chairman
