Tecan publishes 2011 Annual Report and notice of its Annual General Meeting
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Tecan Group AG /
Tecan publishes 2011 Annual Report and notice of its Annual General Meeting
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* Annual Report available with enhanced online functionality and as an iPad
app
* Tecan submits compensation report to an advisory vote
* Significant increase in the dividend proposed, from CHF 1.00 to CHF 1.25 per
share
* Karen Huebscher will further strengthen the Board of Directors with
expertise in the life sciences
Männedorf, Switzerland, March 28, 2012 - The Tecan Group (SIX Swiss Exchange:
TECN) today announced the publication of its 2011 Annual Report in the Investor
Relations section of the company's website at www.tecan.com. Tecan already
published its 2011 financial results in a press release and at the Press
Briefing on Annual Results and Analysts' Conference held on March 8, 2012. Today
also saw the publication and dispatch of the notice of the Annual General
Meeting of the Tecan Group AG. The Annual General Meeting will take place on
April 18, 2012. The notice is also published on the company's website.
Annual Report published in new media
Tecan has designed attractive new information channels for presenting the 2011
Annual Report in digital form. It has considerably enhanced the functionality of
the online annual report and for the first time is offering an iPad app. In
addition, the financial publications will continue to be available in PDF format
for download on the homepage at www.tecan.com. The company will only send out
the printed version on request.
Tecan submits compensation report to an advisory vote
For the first time, Tecan will submit the compensation report to the
shareholders at this year's Annual General Meeting for an advisory vote. A
performance-related, fair and modern remuneration system for the Board of
Directors and Management Board is a key instrument of Tecan's corporate
management.
Significant increase in distribution to shareholders
On the basis of a strong balance sheet and a sustainable good business outlook,
Tecan intends to increase significantly its profit distribution to shareholders.
The Board of Directors will therefore propose a 25% increase in the dividend
from CHF 1.00 to CHF 1.25 per share to the shareholders at the company's Annual
General Meeting on April 18, 2012. The dividend will once again be paid out from
the available capital contribution reserve and is therefore not subject to
withholding tax.
Election of the members of the Board of Directors
As previously announced, the Board of Directors will propose the election of
Karen Huebscher as a new member at the Annual General Meeting. The Board will
also propose the reelection of current members Rolf A. Classon, Heinrich
Fischer, Dominique F. Baly, Dr. Oliver S. Fetzer, Gérard Vaillant and Erik
Walldén. Subject to his reelection, Rolf A. Classon will remain chairman of the
Board of Directors.
Dr. Lukas Braunschweiler will not be standing for reelection at the upcoming
Annual General Meeting in order to focus on his role as CEO of Sonova Holding
AG. Chairman Rolf A. Classon would like to thank Lukas Braunschweiler on behalf
of the entire Board of Directors for his outstanding commitment and valuable
contribution to the strategic development of Tecan.
New member proposed with expertise in life sciences
Karen Huebscher, born in 1963, is Managing Director of the Swiss company
FibulaMedical AG, which she founded in 2012. From 1995 to 2011 she worked in
various technical and managerial functions at Novartis in Switzerland and the
USA. She began her career in biotechnology research. In 1997 she became manager
and from 2000 to 2005 was head of global investor relations. From 2006 to 2011
Karen Huebscher worked at Novartis in the global and European management of the
Vaccines & Diagnostics Division. Her main areas of activity were in corporate
development, in particular the conclusion of partnership agreements in emerging
markets, in strategic innovation and in marketing. Karen Huebscher has dual
Swiss and British nationality. She received her PhD at the Swiss Federal
Institute of Technology (ETH Zurich) in molecular biology and gained an MBA from
IMD in Lausanne.
About Tecan
Tecan (www.tecan.com) is a leading global provider of laboratory instruments and
solutions in biopharmaceuticals, forensics and clinical diagnostics. The company
specializes in the development, production and distribution of automated
workflow solutions for laboratories in the life sciences sector. Its clients
include pharmaceutical and biotechnology companies, university research
departments, and forensic and diagnostic laboratories. As an original equipment
manufacturer (OEM), Tecan is also a leader in developing and manufacturing OEM
instruments and components that are then distributed by partner companies.
Founded in Switzerland in 1980, the company has manufacturing, research and
development sites in both Europe and North America and maintains a sales and
service network in 52 countries. In 2011, Tecan generated sales of
CHF 377 million (USD 424 million; EUR 306 million). Registered shares of Tecan
Group are traded on the SIX Swiss Exchange (TK: TECN/Reuters: TECZn.S/ ISIN:
1210019).
For further information:
Tecan Group
Martin Brändle
Head of Corporate Communications & Investor Relations
Tel. +41 (0) 44 922 84 30
Fax +41 (0) 44 922 88 89
investor(at)tecan.com
www.tecan.com
Press Release (PDF):
http://hugin.info/100384/R/1597550/503557.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Tecan Group AG via Thomson Reuters ONE
[HUG#1597550]
Unternehmensinformation / Kurzprofil:
Datum: 28.03.2012 - 07:20 Uhr
Sprache: Deutsch
News-ID 129165
Anzahl Zeichen: 6706
contact information:
Town:
Männedorf
Kategorie:
Business News
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