Proceedings at the annual general meeting

Matas A/S
Decisions of annual general meeting

Proceedings at the annual general meeting

Company announcement no. 9 2015/16

Allerød, 2015-06-24 17:38 CEST (GLOBE NEWSWIRE) -- Matas A/S held its annual
general meeting on 24 June 2015 at 4:00 p.m. at the Tivoli Hotel & Congress

Mr. Niels Heering, Attorney-at-Law, was appointed chairman of the meeting.

At the general meeting note was taken of the report by the Board of Directors
on the activities of the company during the 2014/15 financial year, the annual
report for 2014/15 was approved, and the Board of Directors and the Executive
Management were discharged from liability. 

The shareholders approved the dividend of DKK 5.80 per share of DKK 2.50
nominal value proposed by the Board of Directors, equivalent to a total of DKK
237 million. 

The shareholders approved the fees of the Board of Directors and the chairman
of the Audit Committee for 2015/16. 

The shareholders adopted a resolution to reduce the Company's share capital by
a nominal amount of DKK 1,220,780 by cancellation of nominally DKK 488,312
treasury shares of DKK 2.50, to the effect that the Company's share capital
hereafter is nominal DKK 100,728,730 and to amend the Articles of Association
after expiry of the notice period in section § 192 of the Danish Companies Act. 

The shareholders authorised the Board of Directors to let the company acquire
treasury shares for up to 10% of its share capital in the period until the next
annual general meeting, always provided that the company's holding of treasury
shares may at no time exceed 10% of its share capital, and provided that the
purchase price does not deviate by more than 10% from the price quoted on
Nasdaq Copenhagen at the time of purchase. 

Lars Vinge Frederiksen, Lars Frederiksen, Ingrid Jonasson Blank, Christian
Mariager and Birgitte Nielsen were re-elected to the Board of Directors. 

Ernst & Young Godkendt Revisionspartnerselskab was re-appointed as the
company's auditors. 

Immediately after the general meeting, the Board of Directors elected Lars
Vinge Frederiksen Chairman and Lars Frederiksen Deputy Chairman of the Board of

Matas A/S

Lars Vinge Frederiksen

For further information, please contact:
Jesper Breitenstein, Head of Investor Relations
Tel. +45 2780 7675