Notice is hereby given that at the Company's Annual General Meeting of
Shareholders, which was held today, the following occurred:
1. The Board of Directors' report on the Company's activities during
financial year 2006 was adopted. The Annual Report for 2006 for the
Parent Company and the Group and balance sheet as at December 31,
2006
were approved.
The Board of Directors' proposal to allocate losses to financial
year 2007 was adopted. No dividends will be paid for 2006. Discharge
of the Board of Directors and Management from their obligations was
granted.
2. The following were elected for the Board of Directors:
Eric Korre Horten, Jens Steglich-Petersen and Niels Frank Thygesen.
3. Ernst & Young were appointed as the Company's auditor.
4. The Annual General Meeting authorized the Board of Directors empowering
the Company - from time to time for a period of 18 months from the
date of the Annual General Meeting - to acquire up to 10% of the
Company's issued shares at the market price in force at any time,
with a deviation of +/- 10%.
5. The Board of Directors' proposal to maintain the remuneration to the
members of the Board of Directors for financial year 2006 was
adopted.
6. No business was transacted under ”Any Other Business”.
7. The Board of Directors' proposal for customary authorization to the
Chairman of the Meeting to implement the decisions made by the
Annual General Meeting was adopted.
The Board of Directors has subsequently appointed Eric Korre Horten as Chairman
of the Board of Directors.
Eric Korre Horten
Chairman of the Board of Directors
