LafargeHolcim Annual General Meeting 2019: Shareholders Approve All Board Proposals
15 Mai 2019 - 3:15PM
Business Wire
Regulatory News:
LafargeHolcim (BOURSE:LHN)
The shareholders of LafargeHolcim who attended today’s Annual
General Meeting approved all the motions proposed by the company’s
Board of Directors. 784 shareholders representing a total of 66.06
percent of the company’s share capital attended the Annual General
Meeting.
Shareholders confirmed the proposed distribution of a dividend
of CHF 2.00 per registered share of LafargeHolcim Ltd from capital
contribution reserves. LafargeHolcim shareholders are given the
choice of having the dividend paid out in cash, in new
LafargeHolcim Ltd shares issued at a discount of 8 percent or as a
combination of cash and shares. The shareholders also approved the
creation of authorized capital for this scrip dividend.
The Annual General Meeting confirmed Beat Hess as Chairman of
the company’s Board of Directors. Except for Nassef Sawiris and
Gérard Lamarche who did not stand for re-election, all other
existing members of the Board were confirmed in office. Colin Hall,
Naina Lal Kidwai and Claudia Sender Ramirez were newly elected to
the Board.
The members of the Board of Directors are now as follows: Beat
Hess (Chairman), Oscar Fanjul (Vice-Chairman), Paul Desmarais, Jr.,
Colin Hall, Naina Lal Kidwai, Patrick Kron, Adrian Loader, Jürg
Oleas, Claudia Sender Ramirez, Hanne Birgitte Breinbjerg Sørensen
and Dieter Spälti. Shareholders also confirmed the following
members of the Nomination, Compensation & Governance Committee:
Paul Desmarais Jr., Oscar Fanjul, Adrian Loader, Hanne Birgitte
Breinbjerg Sørensen.
Shareholders approved the annual report and annual financial
statements of the Group and of LafargeHolcim Ltd. They also
approved the compensation report in an advisory vote. In two
separate binding votes shareholders approved the maximum overall
amount of compensation paid to members of the Board for the period
between the 2019 and 2020 Annual General Meetings, and the total
maximum amount of compensation paid to members of the Executive
Committee for the 2020 financial year. Shareholders further
approved to cancel shares repurchased under the share buyback
program announced in June 2017 and completed in March 2018.
The full results of the Annual General Meeting will be available
in due course on www.lafargeholcim.com/agm.
Shareholders should note that due to certain legal restrictions
shareholders in certain jurisdictions may not be entitled to make
an election to receive shares
About LafargeHolcimLafargeHolcim is the global leader in
building materials and solutions. We are active in four business
segments: Cement, Aggregates, Ready-Mix Concrete and Solutions
& Products.
With leading positions in all regions of the world and a
balanced portfolio between developing and mature markets,
LafargeHolcim offers a broad range of high-quality building
materials and solutions. LafargeHolcim experts solve the challenges
that customers face around the world, whether they are building
individual homes or major infrastructure projects. Demand for
LafargeHolcim materials and solutions is driven by global
population growth, urbanization, improved living standards and
sustainable construction. Around 75,000 people work for the company
in around 80 countries.
More information is available on www.lafargeholcim.comFollow us
on Twitter @LafargeHolcim
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190515005502/en/
Media Relations:media@lafargeholcim.com+41 (0) 58 858 87
10Investor Relations:investor.relations@lafargeholcim.com+41
(0) 58 858 87 87