Announcement no. 05-2009
23 March 2009
Nasdaq OMX Copenhagen A/S
Company Announcement
Amagerbanken's Annual General Meeting
Amagerbanken held its ordinary general meeting on Monday, 23 March at 7 pm
during which the Annual Report 2008 and the allocation of profits or cover of
loss were adopted.
The general meeting adopted the proposal of abolition of the Bank's Advisory
Board and establishment of direct election for the Board of Directors so that
the part of the Board of Directors elected by the general meeting and elected
for a term of 1 year, consists of at least 4 members and at most 8 members.
The former Board of Directors consisting of Mr. N. E. Nielsen, attorney, Mr.
Villy Rasmussen, Manager, Mr. Henrik Zimino, Mayor and Mr. Kent Madsen, Managing
Director was re-elected and new elected for the Board of Directors was Mr.
Carsten Ehlers, stateauthorised accountant, Mr. Henrik Håkonsson, Managing
Director and Mr. Jesper Reinhardt, Manager. At the subsequent board meeting the
Board of Directors elected Mr. N. E. Nielsen, attorney as chairman and Mr. Villy
Rasmussen, Manager as vice chairman.
Besides this two new local councils for Amager and Greater Copenhagen
respectively will be established. For a number of years we have had local
councils in Odense and Århus.
KPMG, Statsautoriseret Revisionspartnerselskab was re-elected as auditors.
The Board of Directors and the Advisory Board's proposal of authorisation for
the Board of Directors to acquire own shares within 10 per cent of the share
capital to the valid quoted price with a deviation of up to 10% at the time of
acquisition was adopted.
On the basis of the continued weak economic outlooks the Bank maintained its
expectations for 2009 as expressed in the Annual Report 2008.
The chairman informed that the Bank will apply for participation in Bank Package
II and will convene an extraordinary general meeting about this when the capital
structure has been determined.
Yours faithfully
A M A G E R B A N K E N
Jørgen Brændstrup
Managing Director
and Chief Executive