Solar A/S
No. 9 2014 Course of annual general meeting (AGM) of Solar A/S

DGAP-News: Solar A/S /

11.04.2014 / 13:02

---------------------------------------------------------------------

The AGM discussed and adopted:

  -- Management's review and Annual Report 2013 including statement of the Board
     of Directors and the Executive Board, and the independent auditor's report.

  -- The resolution to appropriate profit as stated in the adopted financial
     statements with dividend payments of DKK 12.00 (EUR 1.61) per share at DKK
     100.

  -- The grant of authority to the Board of Directors to distribute up to DKK
     15.00 (EUR 2.01) per share as extraordinary dividends for the period until
     the next annual general meeting.

  -- The grant of authority to the Board of Directors to acquire company
     treasury shares for the period until the next annual general meeting.
     
  -- Authority of the AGM chairman to notify the Danish Business Authority of
     matters adopted by the AGM.

  -- Remuneration of board members for 2014: Fixed annual remuneration of DKK
     150,000.

  -- Election of the following board members:
Re-elected to the Board of Directors were:
Jens Borum, Niels Borum, Agnete Raaschou-Nielsen, Jens Peter Toft and Steen
     Weirsøe.
Newly elected to the Board of Directors was Ulf Gundemark.
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. Re-elected for the audit committee were
Jens Peter Toft and Jens Borum. Agnete Raaschou-Nielsen was named Vice chairman
of the Board of Directors and member of the Audit Committee. 



Yours faithfully
Solar A/S

Jens Borum



Solar facts
Solar A/S was established in 1919 and listed on the Copenhagen Stock Exchange
in 1953. Solar is one of Northern Europe's leading technical wholesalers within
electrical, heating, plumbing and ventilation products. The group, based in
Kolding, Denmark, has subsidiaries in Denmark incl. the Faroes, Sweden, Norway,
the Netherlands, Belgium, Germany, Poland and Austria. In 2013, Solar Group
revenue totalled EUR 1,531.5m, equating DKK 11.4bn. The group currently has some
3,300 employees. 

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



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


End of Corporate News

---------------------------------------------------------------------

11.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


Language:    English       
Company:     Solar A/S     
 
 
             Denmark       
ISIN:        DK0010274844  
 
 
End of News    DGAP News-Service  
---------------------------------------------------------------------  
262881 11.04.2014