DGAP-News: Balda AG / Key word(s): AGM/EGM
Balda again sets up online tool for extraordinary General Meeting on 4
September and plans to expand its Supervisory Board (news with
additional features)
15.08.2013 / 18:59
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- Shareholders offered convenient way to exercise their voting rights on
the company's website
- Supervisory Board to be expanded to six members
Bad Oeynhausen, 15 August 2013 - Balda AG, producer of high-quality
plastics solutions for a variety of industrial applications, today
announced that it has set up a website for authorizing a voting
representative. Effective immediately, this online tool enables
shareholders to exercise their right to vote at the extraordinary General
Meeting in Berlin on 4/5 September 2013 without having to travel to the
event site. The meeting was convened by the shareholder Elector GmbH.
Specifically, shareholders can authorize the company's voting
representative, Dr. Achim Biedermann, Mannheim, to vote for them and
instruct him on how to vote. The tool is available on Balda's website:
www.balda-group.com - Investors - Annual Meeting.
Balda had previously set up this service for the extraordinary General
Meeting on 18 July 2013 in Berlin, which was unable to pass any resolutions
due to a formal defect caused by the convening shareholder Elector GmbH. As
was the case on 18 July, the sole item on the agenda at the meeting
scheduled for 4 September is to replace the entire Supervisory Board of
Balda AG with candidates of Elector GmbH, which holds less than 30% of the
company's share capital.
Given that these proposed resolutions have a far-reaching effect on the
Balda Group's future, shareholders are asked to exercise their right to
vote or issue instructions on how to vote to enable as many shareholders as
possible to participate in the decision at the extraordinary General
Meeting.
To ensure that authorizations and instructions are followed, shareholders
must have duly registered on time for the extraordinary General Meeting on
4 September 2013 based on their shareholding documented as of the beginning
of 14 August 2013 (00:00 hours). The last day to register is 28 August
2013.
At its most recent meeting, the Supervisory Board of Balda AG discussed the
Group's current position and future prospects. The Supervisory Board
believes that recent customer inquires and the development of business
impressively show that Balda is on the right track.
In order to continue supporting this positive development and the planned
expansion of the Group's business, the Supervisory Board plans to propose
to the next ordinary General Meeting, which is scheduled to take place in
fall of 2013, to expand the control committee from three to six members.
The Management Board has endorsed this proposal. The expansion of the
Supervisory Board is also intended to enable appropriate representation of
all significant shareholder groups.
Furthermore, the company still plans to propose to the ordinary General
Meeting to pay a dividend of EUR 1.50 per share for the 2012/2013 financial
year (closing date: 30 June) - as has been announced previously.
Contact:
Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH
Tel.: +49 - 54 04 - 91 92 0
Fax: +49 - 54 04 - 91 92 29
Mail: office@elsner-kommunikation.de
About Balda
Balda is a provider of first-class solutions for demanding, high-quality
applications in the fields of medical technology, optics, the automotive
industry and other specialist industrial sectors. The Group's Balda Medical
and Balda Technical operating divisions have operations worldwide, and the
company maintains production facilities in Germany and the USA. The success
of Balda, which employs around 1,000 people, is based on the deployment of
leading-edge, cost-effective technologies, coupled with the trust-based
collaboration with customers. The Balda AG share (ISIN: DE0005215107) is
listed on the SDAX segment of Deutsche Börse. The financial year ends on 30
June.
www.balda-group.com
www.balda-medical-group.com
End of Corporate News
+++++
Additional features:
Document: http://n.equitystory.com/c/fncls.ssp?u=ACPGWYWVEF
Document title: EGM eProxy
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15.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Balda AG
Bergkirchener Str. 228
32549 Bad Oeynhausen
Germany
Phone: +49 (0) 57 34 / 9 22-0
Fax: +49 (0) 57 34 / 9 22-2604
E-mail: info@Balda.de
Internet: www.balda.de
ISIN: DE0005215107
WKN: 521510
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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226159 15.08.2013
DGAP-News: Balda again sets up online tool for extraordinary General Meeting on 4 September and plans to expand its Supervisory Board (news with additional features)
| Source: EQS Group AG