Van der Moolen today announces the results of its Annual General
Meeting of Shareholders held on May 7, 2009. The General Meeting of
Shareholders approved Van der Moolen's statutory financial statements
for the financial year ended December 31, 2008.
In addition, the General Meeting of Shareholders approved the
following items:
* Discharge of the members of the Executive Board and the
Supervisory Board from liability for their responsibilities in
the financial year 2008;
* The appointment of Mr. Peter Zwart and Mr. Arjen Paardekooper as
members of the Supervisory Board, effective May 7, 2009;
* The remuneration, to the amount of ? 50.000,-- annually, for each
member of the Supervisory Board;
* The amendment of the Articles of Association, amongst others in
connection to the introduction of a company secretary, the
extension of the notice period for calling a General Meeting of
Shareholders to 30 days and the addition of Schiphol as a
possible meeting place for the General Meeting of Shareholders;
* The re-appointment of Ernst & Young as external auditor for the
financial year 2009;
* The authorization of the Executive Board for a period of 18
months from May 7, 2009, to issue shares or rights to subscribe
for shares in the capital of the Company, limited to 10% of the
issued share capital of the Company at the time of issuance,
subject to the approval of the Supervisory Board;
* The authorization of the Executive Board for a period of 18
months from May 7, 2009, to restrict or exclude the pre-emption
rights in connection to any such issuance, subject to the
approval of the Supervisory Board;
* The authorization of the Executive Board for a period of 18
months from May 7, 2009, to acquire a maximum of 10% of the
outstanding shares in the capital of the Company, at a price
between the nominal value of the shares and 110% of the average
market price for these securities on Euronext Amsterdam, subject
to the approval of the Supervisory Board.
The following subjects were also discussed at the General Meeting of
Shareholders:
* The Company's business and financial situation;
* The Company's reserves and dividend policy.
Appointment of new Chairman of the Supervisory Board
During the General Meeting of Shareholders, Mr. Gerrit de Marez
Oyens, after being a member of the Supervisory Board for 11 years,
the last of which acting as Chairman, announced his resignation from
the Supervisory Board. Mr. Gerrit de Marez Oyens has made a very
substantial contribution to the Company as a member and Chairman of
the Supervisory Board. The Company expresses its gratitude for his
contributions to the Company.
After the General Meeting of Shareholders, the Supervisory Board has
appointed Mr. Peter Zwart to be its Chairman.
The minutes of the General Meeting, the list of resolutions and the
recording of an audio webcast will be available at
www.vandermoolen.com.
For further information
For further information please contact Investor Relations/Corporate
Communications, telephone +31 (0)20 535 6789,
www.vandermoolen.com
Disclaimer:
This press release contains forward-looking statements. All
statements regarding our future financial condition, results of
operations and business strategy, plans and objectives are
forward-looking. Statements containing the words "anticipate,"
"believe," "intend," "estimate," "expect," "hope," and words of
similar meaning are forward-looking. In particular, the following are
forward-looking in nature: statements with regard to strategy and
management objectives; pending or potential acquisitions; pending or
potential litigation and government investigations, including
litigation and investigations concerning specialist trading in the
U.S.; future revenue sources; the effects of changes or prospective
changes in the regulation or structure of the securities exchanges on
which our subsidiaries operate; and trends in results, performance,
achievements or conditions in the markets in which we operate. These
forward-looking statements involve risks, uncertainties and other
factors, some of which are beyond our control, which may cause our
results, performance, achievements or conditions in the markets in
which we operate to differ, possibly materially, from those expressed
or implied in these forward-looking statements. We caution you not to
place undue reliance on these forward-looking statements, which
reflect our management's view only as of the date of this Report. We
have no obligation to update these forward-looking statements.
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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