Postponement of Alm. Brand A/S’s annual general meeting convened for 29 April 2020
15 April 2020
Announcement no. 23/2020Postponement of Alm. Brand A/S’s annual general meeting convened for 29 April 2020The Board of Directors of Alm. Brand A/S has decided to postpone the annual general meeting convened for 29 April 2020 due to the coronavirus situation (Covid-19). A notice with a new date and time for the annual general meeting will be sent out once we have a more clear picture of when the special societal measures in response to Covid-19 will cease to apply.Moreover, the Board of Directors of Alm. Brand A/S has reconsidered its proposal for appropriation of profit, including payment of dividend for the 2019 financial year. The Board of Directors consequently proposes that the decision about payment of dividend is postponed to the autumn of 2020 considering the substantial uncertainty surrounding the economic consequences of Covid-19.“Alm. Brand A/S is strongly capitalised and has an extremely robust business model. We are therefore strongly positioned to steer our business through the extraordinary situation triggered by Covid-19. The continued uncertainty about both the duration and the consequences of the pandemic requires, that we all demonstrate flexibility. Consequently, we postpone the final decision on payment of dividend until we have more clarity of the economic consequences”, said CEO Rasmus Werner Nielsen.ContactPlease direct any questions regarding this announcement to:Chief Executive Officer (ad interim)
Rasmus Werner Nielsen
Tel. +45 3547 7907Investors and equity analysts: First Vice President, Investor Relations
Lars Holm
Mobile no. +45 2510 4717Senior Investor Relations Officer
Mikael Bo Larsen
Mobile no. +45 5143 8002 Press:Chief Communication Officer
Claus Kappel Christensen
Mobile no. +45 2524 8993AttachmentAS 23 2020 – Postponement of AGM
