Vestas Wind Systems A/S’ Annual General Meeting on 28.03.2011
18:20 CET - 28 Mar. 2011
Article keywords: Legislations
The Annual General Meeting of Vestas Wind Systems A/S has been held today.
Items 1 to 4 of the agenda were discussed and approved as presented. There will be no distribution of dividend for 2010.
Furthermore, the board members proposed by the Board of Directors were all re-elected or elected, ref. item 5 of the agenda.
PricewaterhouseCoopers Statsautoriseret Revisionsaktieselskab was re-appointed as auditor of the company, ref. item 6 of the agenda.
Moreover, item 7.1 of the agenda was discussed and approved.
In relation to item 7.2 of the agenda, the proposal was discussed and approved. The company’s articles of association will consequently be amended so that the existing authority to the Board of Directors in Article 3(1) to increase the company’s share capital is renewed to apply until 1 May 2015, allowing an increase of the share capital by a total nominal amount of DKK 20,370,410. Furthermore the authorisations in Articles 3(2) and 3(3) regarding issue of employee shares and warrants, respectively, have been deleted.
The Board of Directors was authorised to let the company purchase treasury shares in the period until the next Annual General Meeting within a total nominal value of 10 per cent of the company’s share capital, ref. item 7.3 of the agenda.
Proposal received by a shareholder, ref. item 7.4 of the agenda, was discussed, and the proposal was not approved. Vestas will consequently use the test centre in Østerild, Denmark, designated by the Danish Government.
After the Annual General Meeting, the Board of Directors held a statutory board meeting. At the meeting Bent Erik Carlsen was re-elected as Chairman of the Board and Torsten Erik Rasmussen was re-elected as Deputy Chairman of the Board.
Any questions may be addressed to the Executive Management at Vestas Wind Systems A/S, tel. +45 9730 0000.
Vestas Wind Systems A/S
Bent Erik Carlsen
Chairman of the Board of Directors