Today, 29 March 2017, SimCorp A/S held its annual general meeting, at which the following were adopted:
Financial year 2016 and 2017
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The Company’s audited annual report 2016.
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The amendment of the Company’s remuneration and incentive policy and the remuneration of the Board of Directors for 2017 and until the next annual general meeting.
- Distribution of profit according to the adopted annual report 2016. The dividend will be DKK 6.25 per share of DKK 1 and the remainder is transferred to next year.
Elections
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Re-election of Jesper Brandgaard as chairman and Peter Schütze as vice chairman of the Board of Directors.
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Re-election of Hervé Couturier, Simon Jeffreys and Patrice McDonald as members of the Board of Directors.
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Election of Adam Warby as new member of the Board of Directors.
- Re-election of PwC as the Company’s auditor.
Share capital
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Reduction of the share capital of the Company by nominally DKK 1,000,000 from nominally DKK 41,500,000 to nominally 40,500,000. However, not enough capital was represented at the meeting in order to pass this proposal, and thus an extraordinary general meeting will be summoned.
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Authorisation to the Board of Directors to increase the share capital without pre-emption rights for existing shareholders at market price and with expiry on 1 March 2022. However, not enough capital was represented at the meeting in order to pass this proposal, and thus an extraordinary general meeting will be summoned.
- Authorisation to the Board of Directors, in the period until the next annual general meeting, to purchase own shares of up to 10% of the share capital, inclusive of the Company’s current holding of own shares.
Composition of the Board of Directors and its committees
After the annual general meeting, the Board of Directors held a board meeting to appoint members of its committees.
The Board of Directors, including its committees, are now composed as follows:
- Jesper Brandgaard (chairman of the Board and of the Nomination Committee)
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Peter Schütze (vice chairman of the Board and member of the Nomination Committee)
- Simon Jeffreys (chairman of the Audit Committee)
- Hervé Couturier (member of the Nomination Committee)
- Patrice McDonald (member of the Audit Committee)
- Adam Warby
- Else Braathen (employee-elected and member of the Audit Committee)
- Vera Bergforth (employee-elected and member of the Nomination Committee)
- Ulrik Elstrup Hansen (employee-elected)
Enquiries regarding this announcement should be addressed to:
Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)
Søren Strøm, Chief Financial Officer (Interim), SimCorp A/S (+45 3544 6853, +45 2019 3144)
Company Announcement no. 08/2017