Auriga Industries A/S, Harboøre, Denmark, 2014-10-07 14:32 CEST (GLOBE NEWSWIRE) --
Company announcement no. 14/2014
October 7, 2014
Proceedings at the annual general meeting 2014
The extraordinary general meeting of Auriga Industries A/S was held on October 7, 2014, cf. company announcement no. 13/2014 of September 12, 2014.
The general meeting adopted the Board of Directors’ proposal of divestment of Cheminova A/S, CVR no. 12 76 00 43, to FMC Corporation, and the Board of Directors was authorized to make and approve any amendments considered necessary or appropriate in order to complete the divestment. Cheminova A/S – together with its subsidiaries – constitutes all current operational activities of Auriga.
The Board of Directors’ proposal was adopted by the general meeting by 99.98 % of the votes and 99.89 % of the share capital represented. A total of 89.86 % of the votes and 62.89 % of the share capital was represented at the Extraordinary General Meeting.
The Extraordinary General Meeting was closed at 2.05 pm Danish time.
A copy of the presentation and the Chairman’s report are available on Auriga’s website, www.auriga-industries.com.
Closing of the divestment is subject to customary conditions including approval by relevant competition authorities. Closing is expected to take place early 2015, when all closing conditions have been met.
Further information on the divestment and the share purchase agreement may be found in company announcement no. 12/2014 of September 8, 2014, and on Auriga’s website, www.auriga-industries.com.
AURIGA INDUSTRIES A/S
Jens Due Olsen
Chairman of the Board of Directors
Facts about Auriga
Auriga Industries A/S is the listed parent company of Cheminova A/S, which is the wholly owned operating company headquartered in Denmark. Cheminova is developing, producing and marketing crop protection products. All activities are carried out with due consideration for the environment and in compliance with ever higher sustainability standards. The products are sold in more than 100 countries, and 98% of sales are generated outside Denmark. In 2013, the group posted revenue of DKK 6.6 billion and has more than 2,200 employees in a global organization with subsidiaries in 24 countries. Find more information on www.auriga-industries.com.
