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Komax Holding AG: Information on the Ordinary Annual General Meeting 2014


May 7, 2014 - London

Komax Holding AG /Komax Holding AG: Information on the Ordinary Annual General Meeting 2014. Processed and transmitted by NASDAQ OMX Corporate Solutions.The issuer is solely responsible for the content of this announcement.

At their ordinary Annual General Meeting in Lucerne on 7 May 2014, the shareholders of Komax Holding AG approved the annual report, the financial statements of Komax Holding AG and the consolidated financial statements for the 2013 financial year. In addition, they adopted the proposal of the Board of Directors to pay a dividend for 2013 of CHF 4.50 per share in the form of a distribution from the capital contribution reserves. The ex-date will be 12 May 2014, the payment date 15 May 2014.

The activities of the members of the Board of Directors and the Executive Committee in the 2013 financial year were formally discharged. All the members of the Board of Directors who put themselves forward for a further term of office of one year, as per the new provisions of the Ordinance against Excessive Remuneration in Listed Companies (ERCO), were re-elected. In the course of these elections, the current Board Chairman, Leo Steiner, was confirmed in office. Max Koch did not stand for re-election. The Annual General Meeting elected David Dean as a new member of the Board of Directors. Leo Steiner, Daniel Hirschi and Roland Siegwart were appointed to the Remuneration Committee.

Thomas Tschümperlin was elected by the Annual General Meeting - again in accordance with the provisions of ERCO - as independent proxy. Furthermore, shareholders confirmed PricewaterhouseCoopers AG (PwC), Basel, as external auditors for the 2014 financial year.

Shareholders followed the recommendation of the Board of Directors and rejected the proposal of zCapital AG, Zug, for the abolition of the share register entry and voting rights restriction of 5% in each case.

The necessary adjustments to the Articles of Association resulting from ERCO were approved in their entirety by the Annual General Meeting in a separate vote. To the Board of Directors' regret, the creation of additional conditional capital of CHF 30,000.00 was failed to achieve a qualified majority.

For more information, please contact:

Marco Knuchel Phone +41 41 455 06 16
Head Investor Relations/Corporate Communications Fax +41 41 450 10 24
www.komaxgroup.com marco.knuchel@komaxgroup.com

The Komax Group is a global technology company that focuses on markets in the automation sector. As a leading manufacturer of innovative and high-quality solutions for the wire processing industry, for the production of modules for the photovoltaics market and for systems for the manufacture of self-medication solutions, Komax helps its customers implement economical and safe manufacturing processes, especially in the automotive supply, solar panel and pharmaceutical sectors. The Komax Group employs around 1 450 people worldwide and provides sales and service support via subsidiaries and independent agents in around 60 countries.

The media release can be downloaded from the following link:

Media release (PDF)



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Komax Holding AG via Globenewswire

HUG#1783658

GlobeNewswire

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