SKAGEN voted against one proposal at the annual general meeting in Bidvest on the 23. November 2015.
At the meeting SKAGEN voted, on behalf of SKAGEN Kon-Tiki which is a shareholders in the company, against one proposal related to a long term incentive plan in Bidvest, as the proposal would result in an authorization to issue an aggregate 13.3% of outstanding shares, which we deem too excessive.
SKAGEN held 2 million shares at the time of the meeting. This was equal to 0.6 percent of the company.
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