Pyrolyx AG

  • WKN: A2E4L4
  • ISIN: DE000A2E4L42
  • Land: Deutschland

Nachricht vom 25.07.2019 | 07:33

Pyrolyx AG: Shareholder Action for Rescission of the Resolution for the Special Audit passed at the Annual General Meeting

DGAP-News: Pyrolyx AG / Key word(s): Legal Matter/AGM/EGM

25.07.2019 / 07:33
The issuer is solely responsible for the content of this announcement.


Munich, July 25 2019 - As noted in the Company's press release of 11 June 2019, a shareholder at the Annual General Meeting held in Munich on 7 June 2019 brought a resolution at the meeting seeking an audit examination of an isolated transaction that occurred in the previous financial year. Because this resolution was brought at the meeting, it effectively excluded the majority of shareholders from participating in the vote.

Pursuant to Section 246 (4) sentence 1 of the German Stock Corporation Act (AktG) we announce that one shareholder has filed action for rescission of the abovementioned resolution passed at the Annual General Meeting of Pyrolyx AG on 7 June 2019, by which the Annual General Meeting passed a resolution:
to appoint a special auditor pursuant to Section 142 (1) AktG to investigate the events prior to and in connection with the conversion of warrants into registered shares of Pyrolyx AG including the granting of a so-called compensation to AVIV Investments Pty Ltd
(Annex 3 to the minutes of the Annual General Meeting of 7 June 2019). The action is pending under file number 5 HK O 9064/19 and the court ordered the preliminary written proceedings by order of July 19, 2019.

The objections to the resolution largely coincide with the concerns already expressed by the Management Board with regard to the special audit and will be the subject of a request for shareholder approval at the already announced Extraordinary General Meeting on 18 September 2019.

About the Pyrolyx Group

Pyrolyx AG (WKN A2E4L4) is the world leader in the extraction of rCB (recovered Carbon Black) from end-of-life tires. rCB is used to manufacture new tires as well as in the plastic, technical, rubber and masterbatch industries.

Shares in the Company (ARBN: 618 212 267) are listed on the stock exchanges in Frankfurt and Dusseldorf and the ASX (Australian Stock Exchange) under the ticker PLX (ASX: PLX). For more information, please visit www.pyrolyx.com.

Kontakt:

Pyrolyx AG, Munich, Germany
Communications & IR
EMail: ir@pyrolyx.com
Office: +49 89 21027-200



25.07.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Anleihe im Fokus

Eyemaxx 5,5%-Anleihe jetzt zeichnen!

Profitables Geschäftsmodell mit wachstums- und margenstarken Geschäftsfeldern in den Bereichen Wohnen und Gewerbe; Kernmärkte sind Deutschland und Österreich


öffentliches Angebot: vom 5. September 2019 bis zum 19. September 2019 (12:00 Uhr MESZ)

Emissionsvolumen: Bis zu 50 Mio. Euro

Umtauschangebot: Frist für Umtausch der Anleihe 2014/2020 bis 13. September 2019

WKN / ISIN: A2YPEZ/DE000A2YPEZ1

Zinszahlung/Zinszahlungsmodalitäten:5,5 % p.a (Kupon), (ICMA actual /actual), erste Zinszahlung am 24. September 2020v

GBC-Fokusbox

Fonds Research 2019: Dt. Mittelstandsanleihen FONDS bietet attraktive Anlagemöglichkeit

Auch 2019 hat die GBC AG unter der Vielzahl an Publikumsfonds neun „Fonds Champions“ herausgefiltert. Darunter den Deutsche Mittelstandsanleihen FONDS (ISIN: LU0974225590), der eine qualitätsorientierte Strategie verfolgt und eine vielversprechende Anlagemöglichkeit in den deutschen Mittelstand bietet. Insbesondere vor dem Hintergrund des aktuellen Niedrigzinsniveaus sehen wir den Fonds als gute Chance, um attraktive Renditen zu erwirtschaften und dies verbunden mit einer traditionell niedrigen Fonds-Volatilität. Wir vergeben 5 von 5 GBC-Falken ein.

News im Fokus

Wirecard AG: Wirecard und SoftBank besiegeln strategische Kooperationsvereinbarung

18. September 2019, 07:15

Aktuelle Research-Studie

CO.DON AG

Original-Research: CO.DON AG (von Sphene Capital GmbH): Buy

18. September 2019