Assembly Voting ApS

Park Allé 382

2625 Vallensbæk

Denmark

Contact info

info@aion.dk

assemblyvoting.com

+45 2684 6644

Election in the Board of Representatives

An assembly of 245 people in Vojens had the task of deciding whether SE should purchase Stofa – for the lofty sum of DKK 1.9 billion. The question was in the end decided by a simple press of a button, with 92 per cent of the assembly voting in favour of the acquisition.

An assembly of 245 people in Vojens had the task of deciding whether SE should purchase Stofa – for the lofty sum of DKK 1.9 billion. The question was in the end decided by a simple press of a button, with 92 per cent of the assembly voting in favour of the acquisition.In the course of their lifetimes, few people will experience the prospect of voting on the use of nearly two billion Danish krone; nor is it an everyday occasion for the 245 members of SE's shareholders' committee to face such a big decision.

The proposed purchase by SE of the TV and internet provider Stofa was viewed positively, though, even before the shareholders' committee meeting to pass the decision. As CEO Niels Duedahl says:

The acquisition of Stofa was an important decision. When it came down to making the choice, it was vital that the vote should be efficiently executed and unequivocal in its result."

The result of the vote in the shareholders' committee representing SE's 260,000 shareholders was a clear majority, with 92 per cent of those present favouring the purchase. This was a clear mandate from the highest authority in SE, and the management were proud.

Besides the added substance provided by the acquisition, SE now becomes one of the largest TV and internet providers in Denmark and can thus mount a strong challenge against major players in the TV and internet markets.

The shareholders' committee ballot

The SE shareholders' committee may not make a habit of voting on spending such vast sums, but it is not the first time they have had to make an important decision. In the last ten years, SE has deliberated on investments totalling eight billion DKK. This was, however, the first occasion on which SE chose to optimise and modernise the method of voting on this type of investment. CEO Niels Duedahl explains:

The acquisition of Stofa was an important decision. When it came down to making the choice, it was vital that the vote should be efficiently executed and unequivocal in its result."

Voters made their choice on an electronic device, instead of the traditional paper ballot. The vote was cast by a simple press of a button and the result was presented just a few seconds after the last person had voted. 

Facts
  • SE is one of Denmarks largest Energy- and Telecommunications companies.

  • SE is a cooperative which is owned by 260.000 recievers of electricity in the south of Denmark. 

  • The highest authority in SE is the representative’s committee where members are elected every 4 years.