Meyer Burger publishes invitation for its Annual General Meeting
Source: EQS
Ad hoc announcement pursuant to Art. 53 LR NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO
Meyer Burger publishes invitation for its Annual General Meeting The invitation to the Annual General Meeting with agenda items and explanations can be viewed on Meyer Burger's website at https://www.meyerburger.com/en/investor-relations/annual-general-meeting. Selected agenda items Elections The Board of Directors (BoD) proposes the re-election of Dr. Reverse share split The Board of Directors proposes a reverse share split in the ratio 750:1 as a technical adjustment to the share capital. It is proposed to reduce the number of shares by a factor of 750, together with a corresponding increase of the nominal value per share by 750 from currently The proposed reverse share split is intended to make Meyer Burger's shares more attractive to a broader group of investors. The reverse share split, if implemented, will have no impact on Meyer Burger's market capitalization and the shareholder’s percentage interest in the company's equity will essentially remain unchanged (with the exception of the cash compensation of fractional shares, i.e. those portions of the existing shareholding not divisible by 750). Details on the reverse share split and explanations on its implementation can be found in the invitation to the AGM and the Q&A on the website of Meyer Burger at https://www.meyerburger.com/en/investor-relations/annual-general-meeting. Capital range and amendments to the Articles of Association In order to implement the reverse share split, a capital increase of up to 749 shares with a total nominal value of up to Media contacts
This document does not constitute an offer to subscribe for, buy or sell any securities of
This publication may expressly or implicitly contain specific forward-looking statements, e.g. statements including terms like "believe", "assume", "expect", "forecast", "project", "may", "could", "might", "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of End of Inside Information |
Language: | English |
Company: | |
Schorenstrasse 39 | |
3645 Gwatt | |
Phone: | +41 033 221 28 00 |
E-mail: | mbtinfo@meyerburger.com |
Internet: | www.meyerburger.com |
ISIN: | CH0108503795 |
Valor: | A0YJZX |
Listed: | |
EQS News ID: | 1914895 |
End of Announcement |
|
1914895 31-May-