21.3.2024 20:01:32 CET | BankNordik | Decisions of general meeting

Announcement no. 7/2024

At the annual general meeting of P/F Føroya Banki on Thursday, March 21, 2024, the general meeting:

  • Took note of the Board of Directors’ report on the company’s activities in 2023

  • Adopted the Annual Report 2023, including the annual accounts with the auditors’ report

 

  • Approved the Board of Directors’ proposed allocation of profit, entailing payment of dividend of DKK 8.33 per share of DKK 20, corresponding to DKK 80 million.

 

  • Adopted the proposal from the Faroese Government to revoke the quorum-requirement in section 9.2. of the Articles of Association when deciding on the Board of director’s proposal on amending section 10.2. of the Articles of Association

 

  • Adopted the proposal from the Board of directors on amendment of section 10.2. of the Articles of Association

 

  • Approved the proposal from the Board of Directors’ that the general meeting elects six members to the Board of Directors

  • Re-elected Birgir Durhuus (elected for a period of two years), Tom Ahrenst (elected for a period of one year), Kristian Reinert Davidsen (elected for a period of one year) and Marjun Eystberg (elected for a period of one year), and elected Annfinn Vitalis Hansen (elected for a period of two years) and Árni Tór Rasmussen (elected for a period of two years) as members of the Board of Directors

 

  • Re-appointed PricewaterhouseCoopers Denmark Statsautoriseret Revisionspartnerselskab and P/F Januar, løggilt grannskoðanarvirki as external auditors

 

  • Adopted the proposal from the Board of directors to renew and extend the existing authority to acquire own shares

 

  • Adopted Board of directors’ proposal for remuneration of the Board of Directors in 2024

Immediately after the annual general meeting the Board of Directors met to elect its Chairman and Vice Chairman. Birgir Durhuus was elected Chairman and Annfinn Vitalis Hansen was elected as Vice Chairman.

The Board of Directors of P/F Føroya Banki hereafter consists of:

  • Birgir Durhuus, Chairman of the Board
  • Annfinn Vitalis Hansen, Vice Chairman of the Board
  • Kristian Reinert Davidsen, Board Member
  • Marjun Eystberg, Board Member
  • Tom Ahrenst, Board Member
  • Árni Tór Rasmussen, Board Member
  • Kenneth M. Samuelsen, Board Member, employee representative
  • Rúna Hentze, Board Member, employee representative
  • Alexandur Johansen, Board Member, Group representative

 

P/F Føroya Banki

CEO’s Office

 

For additional information, please contact:

Arne Mikkelsen, Board Secretary (+298) 230 435

Føroya Bankihas banking activities in the Faroe Islands and Greenland and insurance activities in the Faroe Islands. The Bank was founded in the Faroe Islands more than a century ago and is subject to the supervision of the Danish Financial Supervisory Authority and listed on Nasdaq Copenhagen.

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