Annual general meeting of BankNordik 2018

Company announcement

Announcement no. 13/2018

Annual general meeting of BankNordik 2018

At the annual general meeting of P/F BankNordik on Friday, March 23, 2018, the general meeting:

• Approved the Chairman’s report, audited annual accounts and anuual report 2017, and the allocation of net profit, including the proposed total dividend payment of DKK 40,000,000 corresponding to DKK 4 for each share of DKK 20.
   
• Approved the proposal from the board of directors that the general meeting elects five members to the board of directors.
   
• Re-elected Stine Bosse, Kim Jacobsen, Barbara P. Vang and Jógvan Jespersen, and elected John Henrik Holm as members of the board of directors
   
• Re-appointed P/F Januar, løggilt grannskoðanarvirki together with PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab as external auditors
   
• Adopted the proposal from the board of directors regarding remuneration policy
   
• Adopted the Remuneration committees proposal regarding remuneration of the board of directors for 2018

             
Immediately after the annual general meeting the board of directors met to elect its Chairman and Vice Chairman. Stine Bosse was re-elected Chairman and Barbara P. Vang was elected as Vice Chairman. The board of directors of P/F BankNordik hereafter consists of:

• Stine Bosse, Chairman of the board
• Barbara P. Vang, Vice Chairman of the board
• Kim Jacobsen, board member
• Jógvan Jespersen, board member
• John Henrik Holm, board member
• Kenneth M. Samuelsen, employee representative
• Dan Rasmussen, employee representative
• Alexandur Johansen, Group representative

P/F BankNordik
CEO’s Office

For additional information, please contact:
Árni Ellefsen, CEO, tel. (+298) 230 348
BankNordik has banking activities in Denmark, Greenland and the Faroe Islands and insurance activities in the Faroe Islands. Founded in the Faroe Islands more than a century ago, the Group has total assets of DKK 15.8bn and 400 employees. The Bank is subject to the supervision of the Danish Financial Supervisory Authority and is listed on Nasdaq Copenhagen.