The Board of Directors takes the general view that the annual dividend to shareholders should represent approx. 30% of the profit for the year after tax. However, the level of dividend declared will always take into account the Group's growth plans and liquidity requirements.
At the Annual General Meeting on 21 April 2009, the proposal from the Board of Directors to the effect that no dividend be declared for the financial year 2008 was adopted.
Dividends of DKK 8.5 million were declared for the financial year 2005. No dividend was declared for the financial years 2006 and 2007.