Barry Callebaut: Motions approved by shareholders
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Barry Callebaut: Motions approved by shareholders
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Barry Callebaut's Extraordinary General Meeting of Shareholders
* Approval of the creation of authorized share capital to partly finance the
acquisition of the Cocoa Ingredients Division of Petra Foods Ltd.,
Singapore
* Election of Fernando Aguirre and Timothy Minges as new Board members
Zurich/Switzerland, April 22, 2013 - 173 shareholders attended today's
Extraordinary General Meeting of Shareholders (EGM) of Barry Callebaut AG, the
world's leading manufacturer of cocoa and chocolate products. They represented
3,683,249 shares or 71.24% of the share capital. The meeting was held under the
chairmanship of Dr. Andreas Jacobs, Chairman of the Board.
Creation of authorized capital approved
As announced on December 12, 2012, Barry Callebaut agreed to acquire the Cocoa
Ingredients Division from Petra Foods Ltd., Singapore. For the purpose of partly
financing this acquisition, Barry Callebaut's Board of Directors called for an
EGM (see press release of March 27, 2013). Today, the shareholders agreed to the
creation of authorized share capital of a maximum nominal amount of CHF
9,300,000 by issuing a maximum of 500,000 fully paid-up registered shares with a
value of CHF 18.60. The Board of Directors can execute the respective capital
increase until April 22, 2015 either by way of a rights issue or a private
placement through an Accelerated Bookbuilding.
Election of two new members to the Board of Directors
The shareholders also confirmed the election of Fernando Aguirre and Timothy E.
Minges as new members of the Board of Directors of Barry Callebaut for the
current term of office until the next Annual General Meeting on December
11, 2013.
Fernando Aguirre served as the Chairman and CEO of Chiquita Brands International
Inc. from 2004 until 2012. Presently Mr. Aguirre is a consultant to Chiquita and
a Director of Levi Strauss & Co. as well as a Director at Aetna Inc.
Timothy E. Minges is currently Chairman of PepsiCo Greater China Region and a
member of PepsiCo's Executive Committee. Mr. Minges also serves on the Board of
Tingyi-Asahi Beverage.
(see separate CVs)
***
Barry Callebaut (www.barry-callebaut.com/):
With annual sales of about CHF 4.8 billion (EUR 4.0 billion / USD 5.2 billion)
in fiscal year 2011/12, Zurich-based Barry Callebaut is the world's leading
manufacturer of high-quality cocoa and chocolate - from the cocoa bean to the
finest chocolate product. Barry Callebaut operates out of 30 countries, runs
more than 45 production facilities and employs a diverse and dedicated workforce
of about 6,000 people. Barry Callebaut serves the entire food industry focusing
on industrial food manufacturers, artisans and professional users of chocolate
(such as chocolatiers, pastry chefs or bakers), the latter with its two global
brands Callebaut(®) and Cacao Barry(®). Barry Callebaut is the global leader in
cocoa and chocolate innovations and provides a comprehensive range of services
in the fields of product development, processing, training and marketing. Cost
leadership is another important reason why global as well as local food
manufacturers work together with Barry Callebaut. Through its Cocoa Horizons
initiative and research activities, the company engages with farmers, farmer
organizations and other partners to help ensure future supplies of cocoa and
improve farmer livelihoods.
***
Contacts
for investors and financial analysts: for the media:
Evelyn Nassar Gaby Tschofen
Head of Investor Relations Head of Corporate Communications
Barry Callebaut AG Barry Callebaut AG
Phone: +41 43 204 04 23 Phone: +41 43 204 04 60
evelyn_nassar(at)barry-callebaut.com gaby_tschofen(at)barry-callebaut.com
The complete news release and CVs can be downloaded from the following links:
CV Timothy E. Minges (PDF):
http://hugin.info/100441/R/1694717/557419.pdf
News Release (PDF):
http://hugin.info/100441/R/1694717/557542.pdf
CV Fernando Aguirre (PDF):
http://hugin.info/100441/R/1694717/557418.pdf
This announcement is distributed by Thomson Reuters on behalf of
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other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Barry Callebaut via Thomson Reuters ONE
[HUG#1694717]
Unternehmensinformation / Kurzprofil:
Datum: 22.04.2013 - 17:32 Uhr
Sprache: Deutsch
News-ID 251454
Anzahl Zeichen: 5428
contact information:
Town:
Zurich
Kategorie:
Business News
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