TDC Annual General Meeting - Resolutions
March 29 2004 - 11:25AM
PR Newswire (US)
TDC Annual General Meeting - Resolutions COPENHAGEN, Denmark, March
29 /PRNewswire-FirstCall/ -- Today the Annual General Meeting of
TDC approved the Company's 2003 Financial Statements, as presented
in the Annual Report. In addition, the AGM adopted the proposal put
forward by the Board of Directors for the distribution of net
income for fiscal year 2003. Dividend of DKK 12.00 will be paid per
share of a nominal value of DKK 5. The following members of the
Board of Directors were re-elected bythe General Meeting: Thorleif
Krarup (Chairman of the Board of Directors), Lloyd Kelley (Vice
Chairman), Larry Boyle, Niels Thomas Heering, Rick L. Moore, James
W. Callaway, Jonathan Klug and Kurt Anker Nielsen. As alternates
for the six Board members elected by the Annual General Meeting,
where no shareholders shall abstain from voting, cf. Article 14 of
the Articles of Association, Richard McCormick (first alternate)
was re-elected and William Caldwell (second alternate) was elected.
New memberof the Board of Directors elected by the employees is:
Jan Bardino. The three other members of the Board of Directors
elected by the employees remain: Leif Hartmann, Steen Jacobsen and
Bo Magnussen. PricewaterhouseCoopers and Ernst & Young were
re-elected as state-authorized public accountants to TDC A/S. The
AGM approved an authorization to the Board of Directors -- until
the next Annual General Meeting - to let the company acquire own
shares at a nominal value of up to 10 percent of the share capital
in accordance with section 48 of the Danish Companies Act. The AGM
also renewed the authorization of the Board of Directors to issue
new shares of up to 10% of the nominal share capital until March
28, 2009. For further information please contactTDC Investor
Relations at +45 3343 7680. TDC A/S Noerregade 21 0900 Copenhagen C
DK-Denmark http://www.tdc.com/ DATASOURCE: TDC A/S CONTACT: TDC
Investor Relations, +45-3343-7680 Web site: http://www.tdc.com/
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