Annual General Meeting Information and Annual Report
March 15, 2019
The shareholders in Philly Shipyard ASA are invited to attend the annual general meeting (AGM) to be held on Friday April 5, 2019 at 12:00h (CET) at Advokatfirmaet BAHR AS, Tjuvholmen allé 16, 0252 Oslo, Norway.
Please find below the AGM documents, which include the following:
Nomination committee recommendations
Guidelines for remuneration to executive management
The 2018 Annual Report for Philly Shipyard ASA
Note: The company’s 2018 Annual Report shows income tax expense for 2018 of USD 2.3 million. In comparison, the company’s Q4 2018 report showed a preliminary income tax expense for 2018 of USD 3.6 million. The decrease in income tax expense for 2018 from the quarterly report is due to the reversal of a deferred tax asset valuation allowance of USD 1.3 million to offset a deferred tax liability.
Philly Shipyard shareholders may register here for the Annual General Meeting.