Annual General Meeting Announcement for Photocat A/S
Photocat A/S Annual General Meeting 2025
The Board of Photocat A/S hereby invites its shareholders to attend the annual general meeting. This important event will take place on 22nd May 2025 at 16:00 CET. Shareholders can choose to participate in person at the company’s headquarters or join the meeting virtually via Zoom.
Agenda for the Meeting
The agenda for this year’s meeting has been established according to Article of Association, 9.2 and includes:
- Board’s report on company activities
- Presentation of the annual report for adaptation
- Resolution on profit appropriation or loss coverage
- Election of Board of Directors members
- Appointment of auditor
- Amendment to corporate Articles of Association
- Any other business
Key Topics to be Discussed
1. Board’s Report
The Board's report will provide insights into the company’s business operations over the recent financial year, highlighting significant developments and outcomes.
2. Annual Report Adaption
The Board will present the annual report, which they recommend for adoption based on its thorough evaluation of company performance.
3. Financial Performance and Recommendations
The annual report reveals a net loss for the previous year amounting to DKK 2,521,680. The total assets stand at DKK 19,624,474, with an equity of DKK 10,583,483. The Board will propose the motion for covering the loss from the annual results.
4. Board Elections
This segment will involve the re-election of the following board members, whose contributions are vital for the company:
- Mette Therkildsen
- Finn Overgaard
- Troels Gert Nielsen
- Alexander van Haren
Appointment of Auditor
In another key decision, the Board recommends appointing Beierholm Statsautoriseret Revisionspartnerselskab as the new auditor to ensure transparent financial oversight.
Amendments to Articles of Association
The agenda includes a proposal to increase the company’s share capital by up to DKK 1,000,000, allowing for the issuance of up to 1,000,000 new shares. This initiative aims to strengthen the company’s financial position and facilitate future growth. The proposal allows flexibility with pre-emption rights or directed issues.
Registration and Voting Guidelines
To participate in the general meeting, shareholders must register and obtain an admission card. Registration is determined by the number of shares held as of the date of registration, which falls one week prior to the meeting. Requests for admission cards must be submitted three days prior to the meeting.
The voting requirements for passing resolutions during the meeting will follow a simple majority for most agenda items, while the amendment regarding share capital requires a two-thirds majority vote.
Accessing Important Documents
All relevant documents, including the agenda and annual report, will be available for shareholder review at the company’s website or headquarters starting May 6, 2025.
Shareholders with questions regarding the meeting or agenda items can reach out to the company via email or other provided contact methods. It's important for shareholders to engage actively to voice their queries.
Final Remarks
We look forward to a productive meeting with our shareholders, where discussions will focus on strategic decisions and the future direction of Photocat A/S. We encourage participation to strengthen our shareholder community.
Frequently Asked Questions
What is the purpose of the Annual General Meeting?
The annual meeting provides a platform for shareholders to hear from the Board, discuss company performance, and vote on key decisions.
Where will the meeting take place?
The meeting will be held at Photocat A/S headquarters as well as via Zoom for virtual attendance.
How can I register for the meeting?
Shareholders can register by requesting an admission card at least three days before the meeting by contacting the company.
What are the voting requirements for resolutions?
Most motions pass by a simple majority, while the amendment to share capital requires a two-thirds majority vote.
How can I obtain information about the meeting?
Relevant documents and additional information will be available on the company’s website and offices starting May 6, 2025.
