Minutes from Extraordinary General Meeting - EDB Business Partner ASA

(Oslo 18th of August 2008) EDB Business Partner ASA extraordinary general meeting of 18th of August 2008 approved an authorisation for the Board of Directors to purchase the company's own shares related to the share purchase scheme for all employees of EDB.

It was clarified that that all employees covered by the scheme (independent on organisation level of employment) will be given the opportunity to purchase shares for an amount up to 4% of the employee's gross annual income.
The Extraordinary General Meeting approved the following resolution:

The Board of Directors are hereby authorised pursuant to Section 9-4 in the Public Limited Companies Act to purchase the company's own shares.
  • This authorisation is subject to the restriction that the maximum nominal value of the shares which may be purchased by the company is NOK 15,986,282. The company may however not at any time purchase shares in such a way that the total nominal value of the shares owned by the company after the purchase exceeds 10% of the company's share capital.
  • The price at which shares are purchased must be at least NOK 1.75 per share and no more than NOK 100.00 pr share.
  • The company's purchases and sales of its own shares shall take place through the stock exchange
  • This authorisation is valid until the date of the next Annual General Meeting, but in any case no longer than until 1 June 2009.
Se also the appendix
 
                       

Minutes from Annual General Meeting 2008