GRAMMER Aktiengesellschaft
Annual General Meeting of Grammer AG today voted for all agenda items as recommended by the administration and against the counter motions proposed by Cascade International Investment GmbH
Grammer AG / Key word(s): AGM/EGM Disclosure of inside information in accordance with Art. 17 MAR At the 2017 AGM, a total of 67 per cent of the company’s share capital was represented. The very high attendance level demonstrates the significance of this year’s AGM and the shareholders’ interest in opposing a minority shareholder taking control. The counter motions submitted prior to the AGM by the investor Cascade International Investment GmbH with regard to the removal of members of the Supervisory Board, the issue of a vote of no-confidence in the Executive Board as well as the inquiry and assertion of compensation claims against the executive committee were rejected with a clear majority. Executive Board and Supervisory Board continue to emphasise their willingness to hold serious discussions with Prevent group and its representatives in the interest of the well-being of the Company. GRAMMER AG Contact: GRAMMER AG Ralf Hoppe Phone: 0049 9621 66 2200 investor-relations@grammer.com
24-May-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Grammer AG |
Georg-Grammer-Str. 2 | |
92224 Amberg | |
Germany | |
Phone: | +49 (0)9621 66-0 |
Fax: | +49 (0)9621 66-1000 |
E-mail: | investor-relations@grammer.com |
Internet: | www.grammer.com |
ISIN: | DE0005895403, DE0005895403 |
WKN: | 589540, 589540 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |