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Result of the Extraordinary General Meeting as well as change of Executive Management, updated financial calendar and issue of warrants

Company announcement no 31 - 19

7 October 2019

Result of the Extraordinary General Meeting as well as change of Executive Management, updated financial calendar and issue of warrants

Result of the Extraordinary General Meeting
At the Extraordinary General Meeting the following was resolved:

·The proposal to reduce the company's share capital by DKK 7.00 by provision to a special reserve and to amend Article 3 of the Articles of Association was adopted

·Eivind Drachmann Kolding, Jørgen Hansen, Stefan Ingemar Pettersson, Ulrik Ross, Finn Skovbo Pedersen, Peter Grubert and Michael Larsen were elected and Jesper Præstensgaard was re-elected to the Board of Directors. The Board of Directors has appointed Eivind Drachmann Kolding as chairman and Jørgen Hansen as vice chairman. The Board of Directors establishes three Board committees; an audit committee, a remuneration committee and a nomination committee

·The company's name was changed to NTG Nordic Transport Group A/S and the company's secondary name was deleted and Article 1 of the Articles of Associations amended accordingly

·The proposal to amend the Articles of Association to the effect that all references to www.neurosearch.com" are deleted and the reference to "ns@neurosearch.com" is changed to "shareholder@ntg.dk" was adopted

·The external registrar keeping the company's register of shareholders was changed to Computershare A/S and Article 7 of the Articles of Association amended accordingly

·The company's corporate language was changed to English and the Articles of Association amended accordingly

·The proposal to have future company announcements prepared in English only and the Articles of Associations amended accordingly was adopted

·A new remuneration policy and guidelines on incentive-based remuneration was approved

Appointment of new Executive Management
The Board of Directors appoints Jesper E. Petersen, Mikkel Fruergaard and Christian Paul Dyander Jakobsen to the Executive Management. Allan Andersen resigns.

Jesper E. Petersen is appointed Group CEO, Road & Logistics.

Mikkel Fruergaard is appointed Group CEO, Air & Ocean.

Christian Paul Dyander Jakobsen is appointed Group CFO.

Updated financial calendar
NTG Nordic Transport Group A/S announces to have updated its financial calendar for 2019:

27 November 2019                                  Interim report for the first nine months of 2019

The interim report will be available on the company's website www.ntg.dk immediately after its release.

Issuance of warrants
The Board of Directors has resolved to issue warrants to the company's Executive Management for subscription of up to 145,363 shares of nominally DKK 20 in the company, corresponding to nominally DKK 2,927,260. The warrants can be exercised at a price of DKK 89 per share of nominally DKK 20.

Additional information

For additional information, please contact:

Christian Jakobsen, CFO                                                    +45 76 32 09 89

                                                                                                ir@ntg.dk

       


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