LUCERNE, Switzerland, May 11, 2006 (PRIMEZONE) -- The shareholders of Komax Holding AG, at their Ordinary General Meeting in Lucerne on 11 May 2006, approved the annual report, the consolidated financial statements and the statements of Komax Holding AG for fiscal 2005.
Furthermore, the shareholders approved the motion of the Board of Directors to make a par-value repayment of CHF 2.00 per share in lieu of a dividend payment. This will reduce the ordinary share capital by CHF 6,400,348 and the conditional share capital by CHF 699,652. Barring any unforeseen circumstances, shares will be traded with a par value of CHF 3.50 from July 31, 2006. Shareholders will receive payment on the same day. The payout ratio has thus risen 8% year-on-year and now stands at 39%.
Leo Steiner and Hans Caspar von der Crone were re-elected to the Board of Directors for a further three-year term of office. The Annual General Meeting appointed PricewaterhouseCoopers AG for a further year as statutory and group auditor and granted the Board of Directors and management discharge for the 2005 financial year.
The media release can be downloaded from the following link: http://hugin.info/100418/R/1050588/173859.pdf