Allerød, 2015-06-24 17:38 CEST (GLOBE NEWSWIRE) -- Matas A/S held its annual general meeting on 24 June 2015 at 4:00 p.m. at the Tivoli Hotel & Congress Center.
Mr. Niels Heering, Attorney-at-Law, was appointed chairman of the meeting.
At the general meeting note was taken of the report by the Board of Directors on the activities of the company during the 2014/15 financial year, the annual report for 2014/15 was approved, and the Board of Directors and the Executive Management were discharged from liability.
The shareholders approved the dividend of DKK 5.80 per share of DKK 2.50 nominal value proposed by the Board of Directors, equivalent to a total of DKK 237 million.
The shareholders approved the fees of the Board of Directors and the chairman of the Audit Committee for 2015/16.
The shareholders adopted a resolution to reduce the Company's share capital by a nominal amount of DKK 1,220,780 by cancellation of nominally DKK 488,312 treasury shares of DKK 2.50, to the effect that the Company's share capital hereafter is nominal DKK 100,728,730 and to amend the Articles of Association after expiry of the notice period in section § 192 of the Danish Companies Act.
The shareholders authorised the Board of Directors to let the company acquire treasury shares for up to 10% of its share capital in the period until the next annual general meeting, always provided that the company's holding of treasury shares may at no time exceed 10% of its share capital, and provided that the purchase price does not deviate by more than 10% from the price quoted on Nasdaq Copenhagen at the time of purchase.
Lars Vinge Frederiksen, Lars Frederiksen, Ingrid Jonasson Blank, Christian Mariager and Birgitte Nielsen were re-elected to the Board of Directors.
Ernst & Young Godkendt Revisionspartnerselskab was re-appointed as the company's auditors.
Immediately after the general meeting, the Board of Directors elected Lars Vinge Frederiksen Chairman and Lars Frederiksen Deputy Chairman of the Board of Directors.
Matas A/S
Lars Vinge Frederiksen Chairman
For further information, please contact: Jesper Breitenstein, Head of Investor Relations Tel. +45 2780 7675
