Annual General Meeting

Annual General Meetings in NORDEN

The general meeting is the supreme authority of NORDEN. All shareholders have equal rights to attend, speak, make proposals and vote. The annual general meeting is held every year before the end of April. Resolutions are adopted by the shareholders by a simple majority of votes, unless otherwise is provided by legislation or the Articles of Association. Resolutions to amend the Articles of Association or to dissolve the Company require that 2/3 of the shareholders attend the meeting and that 2/3 of the attending shareholders vote in favour of the resolution. Further details in paragraphs 6 to 15 in Articles of Association.

Reports and presentations made by the Chairman as well as notices and minutes from the past five years are available below. 

Dividend payments

At the annual general meeting on 11 April 2011, the Board of Director’s proposal for the distribution of profits, including payment of dividends of DKK 8 per share of DKK 1 was adopted. 

This corresponds to approximately 25% of the net profit being distributed to the shareholders (excluding treasury shares).  Dividend payments previous years