NASDAQ OMX Copenhagen A/S 26.04.2012
Nikolaj Plads 6
1067 Copenhagen K
STOCK EXCHANGE ANNOUNCEMENT NO. 04/12
Topsil Semiconductor Materials A/S
CVR-No. 24 93 28 18
Annual General Meeting 2012
At the Annual General Meeting held on 25 April 2012, the Management Report was presented and taken note of.
The Annual Report 2011 was adopted.
The shareholders adopted the Board of Director’s proposal for unchanged remuneration for the accounting year 2012.
The shareholders resolved not to pay dividend.
The shareholders unanimously re-elected the non-executive directors Jens Borelli-Kjær, Eivind Dam Jensen, Jørgen Frost, and Michael Hedegaard Lyng.
At a subsequent constituent Board meeting, the Board appointed Jens Borelli-Kjær Chairman and Eivind Dam Jensen Deputy Chairman of the Board.
Michael Hedegaard Lyng (Chairman) and Jørgen Frost will continue in the Company’s audit committee for the accounting year 2012.
The shareholders unanimously appointed Deloitte Statsautoriseret Revisionspartnerselskab auditors of the company.
The shareholders resolved to extend the Board’s authorisation to acquire treasury shares during a period of 18 months from the date of the Annual General Meeting against payment of between DKK 0 and up to 10% more than the official selling price quoted from time to time on NASDAQ OMX Copenhagen, in compliance with section 198 of the Danish Companies Act.
The Board of Directors' proposal for general guidelines for remuneration to the Board of Directors and the Management Board was adopted.
Item 9 related to proposals for amendment of the Articles of Association:
The Board of Directors proposed to add a new item 3.8 regarding an authorisation to issue up to 30 million warrants to the Management Board and managerial employees, entitling the holders to subscribe for shares of a nominal value of up to DKK 7,500,000.00.
The chairman of the general meeting was authorised to submit the filings to the Danish Commerce and Companies Agency as may be required in order to register the amendments resolved.
Applications to this stock announcement to
Christina Fris Bjørling, communications, phone +45 2152 1011
Topsil Semiconductor Materials A/S
Jens Borelli-Kjær Kalle Hvidt Nielsen
Chairman CEO
Please note that this translation is provided for convenience only. The Danish version shall prevail in case of discrepancies.
