Solar A/S
No. 8 2015 Course of annual general meeting (AGM) of Solar A/S

DGAP-News: Solar A/S

2015-03-27 / 12:39

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The AGM discussed and adopted:

  -- Management's review and Annual Report 2014 including statement of the Board
     of Directors and the Executive Board, and the independent auditor's report.
  -- The resolution to cover losses as stated in the adopted financial
     statements by paying dividends of DKK 7.00 per share at DKK 100.
  -- The grant of authority to the Board of Directors to potentially distribute
     up to DKK 15.00 per share as extraordinary dividends for the period until
     the next annual general meeting.
  -- The grant of authority to the Board of Directors to potentially acquire
     company treasury shares for the period until the next annual general
     meeting.

  -- Alterations to the company's articles of association, in which the
     provision in section 1.2 of the previous articles of association concerning
     registered office is taken out, in which section 10.1, schedule 1, on the
     agenda for the annual general meeting concerning annual report and
     financial statements is specified, in which the provision in section 12.5
     of the previous articles of association referring to section 107 of the
     Companies Act is removed, and in which the wording in section 17.1 of the
     articles of association is adjusted according to the change proposed in
     section 10.1, schedule 1.

  -- Authority of the AGM chairman to notify the Danish Business Authority of
     matters adopted by the AGM.

  -- Remuneration of board members for 2015: Fixed annual remuneration of DKK
     175,000.

  -- Election of the following board members
:
Re-elected to the Board of Directors were:
     Jens Borum, Niels Borum, Ulf Gundemark, Agnete Raaschou-Nielsen, Jens Peter
     Toft and Steen Weirsøe.
     
     In addition, the following employee representatives make up the Board of
     Directors:
     Lars Lange Andersen, Ulrik Damgaard and Bent H. Frisk.

  -- Re-election of PricewaterhouseCoopers Statsautoriseret
     Revisionspartnerselskab as auditor.


At the following board meeting, the Board of Directors elected its officers and
re-elected Jens Borum as its chairman and Agnete Raaschou-Nielsen as its vice
chairman. Re-elected for the audit committee were Jens Peter Toft, Jens Borum
and Agnete Raaschou-Nielsen. 



Yours faithfully
Solar A/S


Jens Borum







Facts about Solar
Solar A/S is a listed company and one of Northern Europe's leading sourcing and
services companies, mainly within electrical, heating, plumbing and ventilation
technologies. Solar offers products, knowledge and solutions. 

In 2014, the Solar Group, which is based in Denmark, generated revenue around
DKK 10.3bn. The group currently employs around 3,000 employees. Solar is listed
on Nasdaq Copenhagen with the short designation SOLAR B and has been listed
since 1953. 

For more information, please visit: www.solar.eu

Disclaimer
This announcement was published in Danish and English today via Nasdaq
Copenhagen. In case of any discrepancy between the two versions, the Danish
version shall prevail.
News Source: NASDAQ OMX



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2015-03-27 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English       
Company:     Solar A/S     
 
 
             Denmark       
ISIN:        DK0010274844  
 
 
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338641 2015-03-27