Feintool - Ad-hoc release: Agenda of the Feintool Annual General Meeting 2012

Ad-hoc release: Agenda of the Feintool Annual General Meeting 2012

20.12.2011

Today, Feintool is announcing the agenda and proposals for the Annual General Meeting on 24 January 2012. The Board of Directors is proposing the creation of authorized capital of up to 50% of the share capital, a dividend payment of CHF 4.00 per registered share, and the election of Thomas A. Erb to the Feintool Board of Directors.

The agenda items at a glance: 

  

1. Approval of the Annual Report, the 2010/11 financial statements of Feintool International Holding AG and the consolidated 2010/11 financial statements of the Feintool Group. 

  

2.  Resolution on the appropriation of retained earnings

a.  Appropriation of unallocated reserves to the general legal reserves from capital contributions
b. Release of general legal reserves from capital contributions
c. Appropriation of net result
d. Dividend distribution
Proposal of the Board of Directors: payment of a dividend of CHF 4.00 per registered share from the unallocated reserves generated in accordance with b. 

  

3.  Ratification of the actions of the Board of Directors and of the members of executive management. 

  

4. Authorized capital/amendment to the Articles of Incorporation
The Board of Directors proposes that authorized capital of up to 50% (corresponds to 381,935 shares) of the current share capital be created, with the option of excluding subscription rights for existing shareholders. 

 

5. Further changes to the Articles of Incorporation relating to Corporate Governance and the protection of specific voting rights.

 
6. Elections
a. Re-elections to the Board of Directors 
The Board of Directors proposes the re-election of Dr. Kurt E. Stirnemann and Wolfgang Feil for a term of office of one year.
b. Election to the Board of Directors
As announced on 24 June 2011, Franz Stampfli will step down from the Board of Directors at the Feintool Annual General Meeting on 24 January 2012. Consequently, the Board of Directors proposes the election of Thomas A. Erb, Chairman of the Board of Directors of Franke Artemis Holding AG, for a term of office of one year.
c. Appointment of the statutory auditors
The Board of Directors proposes the reappointment of KPMG in Zurich as statutory auditors for a term of office of one year.

 

The full invitation with agenda is available on the Feintool website 

http://www.feintool.com/gv2012en

 

 

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