Bavarian Nordic A/S – Report on the Results of the Annual General Meeting, held 26 April 2007
The Annual General Meeting of Bavarian Nordic A/S was held today 26 April 2006 with the following results:
The Board of Director’s Report and Financial Statements for 2006 were adopted at the General Meeting. The Board of Directors’ proposal to transfer the company’s 2006 result to 2007 was also adopted.
Asger J. Aamund, Eigil Bjerl Nielsen, Flemming Pedersen and Erling Johansen were re-elected to the Board of Directors.
Deloitte was re-elected as auditors.
The General Assembly adopted the Board of Directors’ proposal to amend:
§ 4 of the Articles of Association (stock split);
§ 5a of the Articles of Association (Authorisation for Increase of the Company’s Share Capital);
§ 5b of the Articles of Association (Authorization for issuing Warrants for Employees);
§ 8 of the Articles of Association (Keeper of Stock Register);
§ 10, sub-section 6 of the Articles of Association (Distribution of printed information).
The adoption however, could not be approved since less than half of the total share capital was represented at the General Meeting. The proposals will be re-submitted for adoption at an extraordinary General Meeting, to be convened no later than 14 days after the Annual General Meeting, in accordance with § 16 of the Articles of Association.
The Board of Directors were given authorisation to let the Company purchase its own shares of company stock in the period up to the next Annual General Meeting.
