Du är här

2014-04-24

I. M. Skaugen SE : Annual General Meeting

I. M. Skaugen SE: Annual General Meeting

All resolutions were made in accordance with the summons for the Annual
General Meeting of I.M. Skaugen SE held on 23 March 2014.

66.95 per cent of the share capital was represented.

The presentation material used at the AGM is also available at the web site
(www.skaugen.com).

The following resolutions were passed:

Re. Election of the Board of Directors
Erik Eik (Chairman), Bertel O.Steen. (Vice-Chairman), Jon-Aksel Torgersen,
Ragnhild Wiborg and Monica Skaugen as well as Erik Falkenberg (deputy to the
Board of Directors) are re-elected as board members and as deputy.
The Board of Directors for I. M. Skaugen SE is as below:

Erik Eik - (for election in 2016)
Jon-Aksel Torgersen - (for election in 2016)
Bertel O. Steen - (for election in 2016)
Ragnhild Wiborg - (for election in 2015)
Monica Skaugen - (for election in 2015)

Erik Falkenberg, Deputy Member to the Board - (for election in 2015)

Re. Authorisation to acquire the Company's treasury shares
On 21 March 2013, the company's Ordinary Annual General Meeting granted the
Board the authority to acquire treasury shares. The Board of Directors
believes that the acquisition of the Company's treasury shares may be right
for the Company with a view, inter alia, to improve the shareholders' return.
The Board of Directors proposes this authorisation to be renewed. This also
assures the company greater financial flexibility. The acquisition of the
Company's own shares can for example be relevant in a situation where the
Company's equity and liquidity situation is good, while at the same time
there is a limited supply of attractive investment opportunities.

The Board of Directors therefore proposes that the Annual General Meeting
passes the following resolutions:

1 The Board of Directors of I.M. Skaugen SE is hereby granted authorisation
to acquire on behalf of the Company up to 2,708,852 of the Company's
treasury shares with a total nominal value of NOK 40,632,789 corresponding
to 10 per cent of the Company's current share capital.
2 The highest price that may be paid per share is NOK 200.00 and the lowest
price is NOK 1.00.
3 The acquisition and disposal of the Company's treasury shares may be
carried out as deemed appropriate by the Board of Directors - not, however,
by subscription for the Company's treasury shares.
4 The authorisation shall remain in force until the next Ordinary Annual
General Meeting
5 This authorisation replaces the prior authorisation for acquiring treasury
shares, granted in the Ordinary Annual General Meeting of 21 March 2013.

The authorisation is to be registered in the Register of Business Enterprises.

Re. Authorisation to increase the share capital
On 21 March 2013, the company's Ordinary Annual General Meeting granted the
Board the authority to increase the share capital with up to NOK 40.632.789
corresponding to 10 % of the company's share capital. The Board of Directors
proposes that this authority is renewed by giving the Board of Directors
authorities to increase the share capital with up to NOK 40.632.789
corresponding to 10 % of the company's current share capital. It is proposed
that the Board of Directors shall decide when to execute the authorisation,
and in such regard, also set the subscription price.

The Board of Directors therefore proposes that the Annual General Meeting
passes the following resolutions:

1 Pursuant to the SE Act section 2, of the Public Limited Companies Act
section 10-14, the Board of Directors of I.M. Skaugen SE is authorised, on
behalf of the Company, to increase the share capital with up to NOK
40.632.789
2 The shareholders' preferential right to new shares pursuant to the SE Act
section 2, of the Public Limited Companies Act section 10-4 may be
deviated.
3 The Authorisation also comprises increase of share capital with other
assets than monetary assets.
4 The Authorisation comprises increase of share capital by merger pursuant to
the SE Act section 2, of the Public Limited Companies Act section 13-5.
5 The Authorisation remains in force until the next Ordinary Annual General
Meeting.
6 This authorisation replaces the prior authorisation for increasing the
share capital granted in the Ordinary Annual General Meeting of 21 March
2013 from the date and time it is registered.

The authorisation is to be registered in the Register of Business Enterprises.

Re. Dealing with the Board's statement on how the salary and other benefits to
leading employees are determined

In accordance with the Public Limited Companies Act § 6-16 a, the Board has
produced a statement on how the salary and other benefits to leading
employees are determined. The content of this statement is included in Note 4
to the Annual Accounts for 2013 for the parent company. An advisory vote on
the statement shall be held at the Annual General Meeting.

The Board of Directors proposes therefore that the Annual General Meeting
passes the following resolutions:

1 The general meeting unanimously approves the content of the statement.

I.M. Skaugen SE

If you have any questions, please contact: Bente Flø, Chief Financial Officer,
on telephone +47 23 12 03 30/+47 91 64 56 08 or by e-mail:
bente.flo@skaugen.com.
This press release is also available on the Internet at our website:
http://www.skaugen.com.
I.M. Skaugen SE is a Marine Transportation Service Company, with a focus on
Innovative Maritime Solutions. Our core business activity is to provide
logistics solutions for seaborne regional distribution of liquefied gasses
such as LNG and petrochemical gases as well as LPG.
The Skaugen Group of companies currently operates a fleet of 22 vessels
worldwide. In our core fleet of 15 advanced gas carriers, we have 6 vessels
with the capacity to transport LNG in addition to petrochemical gases. Our
global teams can provide on- and off-shore LNG terminal management as well as
ship to ship transfer services of LNG/LPG. We have in-house capabilities for
the development and design of specialized high quality LNG- and gas carriers
for our niche markets. We recruit, train and employ our own team of
seafarers.
IMS employs approximately 700 people globally and with nearly 30 nationalities
represented. We manage and operate our activities and service our clients
from our offices in Singapore, Oslo, Shanghai, Houston, St. Petersburg and
Sunderland.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

generalforsamlingsprotokoll
http://hugin.info/179/R/1779565/608171.pdf

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: I. M. Skaugen SE via Globenewswire

HUG#1779565

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.