Tag «SCHMOLZ+BICKENBACH AG’s»

SCHMOLZ+BICKENBACH AG’s Extraordinary General Meeting approves ordinary capital increase of CHF 438 million

Total renewal of Board of Directors is approved Emmenbrücke, 26 September 2013 – The Extraordinary General Meeting of SCHMOLZ+BICKENBACH AG (listed on the Swiss Stock Exchange, SIX: STLN) has followed the Board of Directors’ proposal and approved by a large majority an ordinary capital increase that should raise a gross sum of CHF 438,243,750 for SCHMOLZ+BICKENBACH AG. Before …

SCHMOLZ+BICKENBACH AG’s annual general meeting aims for continuity

Board of Directors recommends capital increase of CHF 330 million, but rejects the excessive capital increase proposed by the  Beteiligungs GmbH/Renova group owing to the major disadvantages this would bring for existing shareholders and the unclear terms of the transaction  Board of Directors supports the existing proportional representation of the family shareholders’ company on …