Auriga Industries A/S, Harboøre, Denmark, 2012-04-11 17:50 CEST (GLOBE NEWSWIRE) --
Company announcement no. 5/2012
April 11, 2012
Proceedings at annual general meeting 2012
On April 11, 2012, Auriga Industries A/S held its annual general meeting at the company’s offices in Harboøre, Denmark, in accordance with the agenda of the notice convening the annual general meeting of March 14, 2012.
The annual report for 2011 was adopted, including a resolution on the discharge of the obligations of the Executive Board and the Board of Directors and approval of the remuneration for the Board of Directors. A resolution concerning the appropriation of profits or cover of losses for the year, including that no dividend be paid for 2011, was adopted.
On the recommendation of the Board of Directors, Jens Due Olsen, Jutta af Rosenborg, Lars Hvidtfeldt, Karl Anker Jørgensen and Torben Svejgård were reelected as members of the Board of Directors. Jørgen Jensen was elected new member of the Board of Directors, while Povl Krogsgaard-Larsen had decided to retire having attained the age of seventy.
On the recommendation of the Board of Directors, Deloitte, statsautoriseret revisionspartnerselskab, was reappointed as the company’s auditors.
The Board of Directors’ proposal that “the Danish Commerce and Companies Agency” be replaced by “the Danish Business Authority” in Articles 8.1 and 8.3 in the Articles of Association was approved.
The resolution authorising the Board of Directors to let the company acquire treasury shares representing up to 10% of the share capital was adopted.
All resolutions on the agenda were adopted by the general meeting without a vote.
The Board of Directors held its first meeting after the general meeting at which Jens Due Olsen was elected Chairman of the Board of Directors and Torben Svejgård was elected Deputy Chairman.
AURIGA INDUSTRIES A/S
Jens Due Olsen Kurt Pedersen Kaalund
Chairman of the Board of Directors President & CEO
Facts about Auriga
Auriga Industries A/S is the listed parent company of Cheminova A/S, which is the wholly owned operating company domiciled in Denmark. Cheminova is developing, producing and marketing chemical crop protetion products. All activities are carried out with due consideration for the environment and in compliance with ever higher sustainability standards. The products are being sold in more than 100 countries, and exports count for 99% of sales. In 2011, the group posted revenue of approx. DKK 5.7 billion and has more than 2,100 employees in a global organisation with subsidiaries in 23 countries.
Contact concerning this announcement:
Investor Relations
Tel. +45 70 10 70 30
investor@auriga.dk
