Business & Finance
Business and Finance
Business and Finance
Fri, May 8, 2009
Thu, May 7, 2009 Van der Moolen Holding N.V.: Van der Moolen publishes results of the Annual General Meeting of Shareholders and announces the n
AMSTERDAM, NETHERLANDS--(Marketwire - May 7, 2009) -
Van der Moolen today announces the results of its Annual General Meeting of Shareholders held on May 7, 2009. The General Meeting of Shareholders approved Van der Moolen's statutory financial statements for the financial year ended December 31, 2008.
In addition, the General Meeting of Shareholders approved the following items:
* Discharge of the members of the Executive Board and the Supervisory Board from liability for their responsibilities in the financial year 2008;
* The appointment of Mr. Peter Zwart and Mr. Arjen Paardekooper as members of the Supervisory Board, effective May 7, 2009;
* The remuneration, to the amount of EUR 50.000,-- annually, for each member of the Supervisory Board;
* The amendment of the Articles of Association, amongst others in connection to the introduction of a company secretary, the extension of the notice period for calling a General Meeting of Shareholders to 30 days and the addition of Schiphol as a possible meeting place for the General Meeting of Shareholders;
* The re-appointment of Ernst & Young as external auditor for the financial year 2009;
* The authorization of the Executive Board for a period of 18 months from May 7, 2009, to issue shares or rights to subscribe for shares in the capital of the Company, limited to 10% of the issued share capital of the Company at the time of issuance, subject to the approval of the Supervisory Board;
* The authorization of the Executive Board for a period of 18 months from May 7, 2009, to restrict or exclude the pre-emption rights in connection to any such issuance, subject to the approval of the Supervisory Board;
* The authorization of the Executive Board for a period of 18 months from May 7, 2009, to acquire a maximum of 10% of the outstanding shares in the capital of the Company, at a price between the nominal value of the shares and 110% of the average market price for these securities on Euronext Amsterdam, subject to the approval of the Supervisory Board.
The following subjects were also discussed at the General Meeting of Shareholders:
* The Company's business and financial situation;
* The Company's reserves and dividend policy.
Appointment of new Chairman of the Supervisory Board
During the General Meeting of Shareholders, Mr. Gerrit de Marez Oyens, after being a member of the Supervisory Board for 11 years, the last of which acting as Chairman, announced his resignation from the Supervisory Board. Mr. Gerrit de Marez Oyens has made a very substantial contribution to the Company as a member and Chairman of the Supervisory Board. The Company expresses its gratitude for his contributions to the Company.
After the General Meeting of Shareholders, the Supervisory Board has appointed Mr. Peter Zwart to be its Chairman.
The minutes of the General Meeting, the list of resolutions and the recording of an audio webcast will be available at [ www.vandermoolen.com ].
For further information
For further information please contact Investor Relations/Corporate Communications, telephone +31 (0)20 535 6789,
Disclaimer: This press release contains forward-looking statements. All statements regarding our future financial condition, results of operations and business strategy, plans and objectives are forward-looking. Statements containing the words "anticipate," "believe," "intend," "estimate," "expect," "hope," and words of similar meaning are forward-looking. In particular, the following are forward-looking in nature: statements with regard to strategy and management objectives; pending or potential acquisitions; pending or potential litigation and government investigations, including litigation and investigations concerning specialist trading in the U.S.; future revenue sources; the effects of changes or prospective changes in the regulation or structure of the securities exchanges on which our subsidiaries operate; and trends in results, performance, achievements or conditions in the markets in which we operate. These forward-looking statements involve risks, uncertainties and other factors, some of which are beyond our control, which may cause our results, performance, achievements or conditions in the markets in which we operate to differ, possibly materially, from those expressed or implied in these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements, which reflect our management's view only as of the date of this Report. We have no obligation to update these forward-looking statements.
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Copyright © Hugin AS 2009. All rights reserved.
