COLTENE Holding AG / Key word(s): Miscellaneous
31-March-2021 / 17:46 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
The Annual General Meeting of COLTENE Holding AG approved all motions of the Board of Directors with a large majority. The shareholders approved the management report, financial statements and consolidated statements 2020, as well as the profit to be carried forward to 2021. They also approved the distribution of CHF 3.00 per share from capital contribution reserves with foreign reference. The Annual General Meeting appointed Nick Huber (Chairman), Erwin Locher, Jürgen Rauch, Matthew Robin, Astrid Waser, Roland Weiger and Allison Zwingenberger as Board members for another term of one year. Ernst & Young AG, St. Gallen, was confirmed as the auditor. Lastly, the shareholders also approved the proposed amendment to the Articles of Incorporation as well as the Compensation Report 2020 a consultative vote, and approved the compensation of the members of the Board of Directors and Group Management.
As in the previous year, the Board of Directors regrets that due to the ongoing coronavirus pandemic, the Annual General Meeting 2021 had to be held without the participation of the shareholders. The shareholders could only exercise their voting rights through the independent proxy.
The distribution of CHF 3.00 corresponds to a yield of 3.5% based on the share price of CHF 86.00 (as of December 31, 2020) and will be paid on April 8, 2021 (payment date). For natural persons residing in Switzerland, this distribution is tax exempt.
Pleasing start to the financial year
End of ad hoc announcement
|Company:||COLTENE Holding AG|
|Listed:||SIX Swiss Exchange|
|EQS News ID:||1180297|
|End of Announcement||EQS Group News Service|