RHJ International: Alternative Asset Management Firm's Request for AGM Agenda Change Cannot Be Satisfied
(Thomson Reuters ONE) -
Brussels, May 30, 2012 - On May 25, 2012, RHJ International (the "Company")
received a request from a group of shareholders representing approximately 3.4%
of the Company's share capital and led by Equilibria Capital Management Limited,
an alternative asset management firm headquartered in Bermuda ("Equilibria"), as
manager of EQC Global Opportunities Fund Ltd. (the latter being referred to
hereinafter, together with the other shareholders, as the "Shareholders Group"),
that a EUR 2.40 dividend item be placed on the agenda of the Company's annual
general meeting called for June 19, 2012 (the "Agenda"), with a resolution to
the effect that "an extraordinary one-time dividend of EUR 2.40 per common
stock" be paid "on or before July 26, 2012 to the holders of common stock of
record as of the close of business on July 12, 2012" (the "Proposed Agenda Item
and Resolution"). On the same day, Equilibria subsequently made such request
public.
On May 30, 2012, the Company informed Equilibria and the Shareholders Group
that, due to the lack of distributable monies under Belgian company law, the
Company could not fulfill the Shareholders Group's request that the Proposed
Agenda Item and Resolution be added to the Agenda.
The Company's Board of Directors and executive management continue to be
committed to enhancing shareholder value and reviewing opportunities in this
respect.
About RHJ International:
RHJ International (Euronext: RHJI) is a limited liability company incorporated
under the laws of Belgium, having its registered office at Avenue Louise
326, 1050 Brussels, Belgium. The company is transforming itself from a
diversified industrial holding company into an active and dynamic financial
services group. For further information visit: www.rhji.com.
For further information please contact:
Arnaud Denis
Investor Relations Director
Tel: +32 2 643 60 13
E-mail: adenis(at)rhji.com
This press release contains, or may contain, certain forward-looking statements
concerning the Company's operations, economic performance and financial
condition. Such forward-looking statements are based on management's current
expectations, estimates and projections and are subject to a number of
assumptions and involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the Company
to be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. The Company has no
obligation to publicly update or release any revisions to these forward-looking
statements to reflect events or circumstances after the date of this press
release.
Full Press Release (PDF):
http://hugin.info/135946/R/1615815/515173.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: RHJ International SA via Thomson Reuters ONE
[HUG#1615815]
Unternehmensinformation / Kurzprofil:
Datum: 30.05.2012 - 08:36 Uhr
Sprache: Deutsch
News-ID 151073
Anzahl Zeichen: 3781
contact information:
Town:
Brussels
Kategorie:
Business News
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"RHJ International: Alternative Asset Management Firm's Request for AGM Agenda Change Cannot Be Satisfied"
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