On June 30, 2011, the annual general meeting of Thrane & Thrane A/S was held. The shareholders at the annual general meeting passed the following changes to the company's Articles of Association:
(i) The authorizations for the Board of Directors to resolve to make capital increases, cf. article 3.A.1-3 of the articles of association, were extended until the next annual general meeting to be held in 2012.
(ii) The shareholders at the annual general meeting authorized the Board of Directors to let the company acquire treasury shares within a total nominal value of 10% of the company’s share capital at a price that does not deviate by more than 10% from the closing price (all trades) quoted by NASDAQ OMX Copenhagen A/S at the time of acquisition. The authorization is given for a period until the annual general meeting to be held in 2012.
The Articles of Association has been updated in accordance with this.
