Birkeroed, 15 April 2011, 2011-04-15 12:48 CEST (GLOBE NEWSWIRE) --
Announcement No. 4 - 2011
15 April 2011
Proceedings at the annual general meeting of Netop Solutions A/S held on 15 April 2011
Earlier today, Netop Solutions A/S held its annual general meeting. The Chairman's and the CEO's reports and briefing on the performance and development of the group were duly noted, and the Annual Report 2010 was approved.
The proposal that the result for the year be carried forward was approved.
The three shareholder-elected board members, Ib Kunøe, Jan Elbæk and Henning Hansen were up for election and all were re-elected. Torben Frigaard Rasmussen was up for new election and was elected to the Board of Directors. Peter Schüpbach was not up re-election and resigned from the Board.
Deloitte Statsautoriseret Revisionsaktieselskab was re-appointed as the company's auditors.
The shareholders considered the proposal submitted by the Board of Directors to amend article 4(12) of the articles of association to authorise the Board of Directors during the period until 14 April 2016 to increase the share capital of the company in one or more issues by up to a maximum nominal value of DKK 2,836,420 without pre-emptive rights to the company’s existing shareholders. The shareholders adopted the proposal.
The shareholders considered the proposal submitted by the Board of Directors for renewal of the authorisation in article 4(1-4) authorising the Board of Directors in the period until 14 April 2016 to resolve to issue 500,000 warrants with a view to setting up an incentive scheme for the company's employees and increasing the share capital up to a maximum of DKK 2,500,000 without pre-emptive rights to the company's existing shareholders. The shareholders adopted the proposal.
The shareholders voted to adopt the resolution submitted by the Board of Directors to authorise the chairman of the meeting to make the necessary changes to the numbering of the articles of association and to take the necessary action related to filing and registering the amendments of the articles of association with the Danish Commerce and Companies Agency.
Following the annual general meeting, the Board of Directors elected Ib Kunøe as its chairman.
Accordingly, the Board of Directors is composed as follows:
Ib Kunøe (Chairman)
Henning Hansen
Jan Elbæk
Torben Frigaard Rasmussen
Jakob Bork (elected by the employees)
Søren Bach (elected by the employees)
Marcus Kaber (elected by the employees)
About Netop
Netop develops and sells market leading software solutions that enable swift, secure and seamless transfer of video, screens, sounds and data between two or more computers. The company has three business areas: Administration, Education and Communication. In Administration, Netop Remote Control is the most secure, trusted and scalable remote support solution on the market today. Used by more than half of the Fortune 100, it helps businesses reduce support costs and meet security and compliance standards. In Education, Netop is the world leader in classroom management software, helping teachers in 75 countries make teaching with technology easier and more effective. Higher efficiency and better grades are some of the results. And in Communication, Netop Live Guide is the live chat solution that helps companies provide better customer service, increase efficiency and sales, and turn website visitors into customers. Headquartered in Denmark, Netop employs 130 people and has subsidiaries in the United States, Great Britain, China, Romania and Switzerland. The company sells its solutions to public and private clients in more than 80 countries. Netop Solutions A/S shares are listed on the Copenhagen Stock Exchange OMX. Read more at: www.netop.com.
Translation In the event of any inconsistency between this document and the Danish language version, the Danish language version shall be the governing version.
Kurt Bager, CEO
Tel: 45 90 25 25
E-mail:kgb@netop.com
