Dockwise Ltd : Dockwise asks court authorisation to convene Fairstar EGM
(Thomson Reuters ONE) -
Breda, the Netherlands, 4 July 2012. Today Dockwise has, through its wholly-
owned subsidiary Dockwise White Marlin B.V., requested the Rotterdam court for
authorisation to convene an extraordinary shareholders meeting of Fairstar Heavy
Transport N.V. ("Fairstar") to appoint three independent directors to the
Fairstar Supervisory Board in addition to the two current members.
As announced previously Dockwise has on various occasions proposed to Fairstar
to discuss the appointment of three new and independent Supervisory Board
members. Dockwise has proposed three highly qualified professionals with
relevant experience for Fairstar, who are independent from Dockwise and
independent within the meaning of the Dutch Corporate Goverance Code. Fairstar
has consistently rejected this proposal and refused to meet with the proposed
candidates. Dockwise holds that it is important that the Fairstar Supervisory
Board is at full strength to ensure adequate independent supervision on behalf
of Fairstar and all its stakeholders and to comply with the Fairstar articles of
association.
As a result of Fairstar's unwillingness to discuss and follow-up on the
governance proposal of Dockwise, Dockwise was required to make the request to
the court. However, Dockwise has urged Fairstar again to reconsider its
position, also in view of the current shareholding of Dockwise. After
yesterday's announcement that Dockwise controlled 80.4% of the outstanding
shares of Fairstar, Dockwise made some additional purchases and now controls a
83.4% stake in Fairstar.
For further information please contact:
Fons van Lith
Email: fons.van.lith(at)dockwise.com
Tel: +31 (0)6 51 314 952 or +31 (0)76 5484116
About Dockwise Ltd./Dockwise Group
Dockwise Ltd., a Bermuda incorporated company, has a workforce of more than
1,200 people both offshore and onshore. The company is the leading marine
contractor providing total transport services to the offshore, onshore and
yachting industries as well as installation services of extremely heavy offshore
platforms. The Group is headquartered in Breda, the Netherlands. The Group's
main commercial offices are located in the Netherlands, the United States and
China with sales offices in Korea, Australia, Brazil, Russia, Singapore,
Malaysia, Mexico and Nigeria. The Dockwise Yacht Transport business unit is
headquartered in Fort Lauderdale and has an office in Genoa, Italy. The Dockwise
Shipping network is supported by a global network of agents.
To support all of its services to customers, the group also has three additional
engineering centers in Houston, Breda and Shanghai, manufactures specific motion
reduction equipment such as LMU (Leg Mating Units) and DMU (Deck Mating Units)
and owns a fleet of 19 purpose built, semi-submersible vessels.
Dockwise shares are listed on the Oslo Stock Exchange under ticker DOCK and on
NYSE Euronext Amsterdam under ticker DOCKW.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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: Dockwise Ltd via Thomson Reuters ONE
[HUG#1624016]
Unternehmensinformation / Kurzprofil:
Datum: 04.07.2012 - 08:41 Uhr
Sprache: Deutsch
News-ID 162349
Anzahl Zeichen: 3928
contact information:
Town:
Breda
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 214 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Dockwise Ltd : Dockwise asks court authorisation to convene Fairstar EGM"
steht unter der journalistisch-redaktionellen Verantwortung von
Dockwise Ltd (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
