Publicis Groupe Annual General Shareholders' Meeting
(Thomson Reuters ONE) -
PUBLICIS GROUPE
ANNUAL GENERAL SHAREHOLDERS' MEETING
- Dividend set at ?0.90 per share, an increase of +28.6%
- All 22 resolutions adopted
- Success of the vote regarding "Say on Pay"
- Mr. Jean Charest appointed to the Supervisory Board
Publicis Groupe [EURONEXT Paris: FR0000130577] today held its Combined General
Shareholders' Meeting, chaired by Mrs. Elisabeth Badinter, Chair of the
Supervisory Board.
All the resolutions submitted to shareholders for approval were adopted.
Publicis Groupe will thus become the first French group to implement Say on Pay
consulting vote. The Groupe has taken this decision on its own initiative, free
of any requirement by law, regulation or governance code.
Shareholders approved the resolution regarding the compensation of Mrs.
Elisabeth Badinter, Chair of the Supervisory Board, by a virtually unanimous
decision, i.e. 99.4%.
They also approved the resolution regarding the compensation of Maurice Lévy,
Chairman of the Management Board, by a very large majority of 78.8%.
The general shareholders' meeting declared a dividend of ?0.90 per share, with
shareholders being granted the option to receive payment of the dividend in
either cash or new shares. The option for payment of the dividend in shares must
be exercised between June 5 and June 25, 2013 The issue price of shares
distributed as dividends was set at 51.898 euros. (This corresponds to 95% of
the average closing price of Publicis Groupe SA shares on the NYSE Euronext
regulated market in Paris over the 20 trading days preceding the shareholders'
meeting, less the net amount of the dividend).
The ex-dividend date was set at June 5, 2013. Payment of dividends in cash and
in delivery of new shares will be made on July 5, 2013.
In other business, the general shareholders' meeting appointed Mr. Jean Charest
as a member of the Supervisory Board, replacing Mr. Félix Rohatyn, whose term of
office has expired. The Chair of the Supervisory Board noted Mr. Rohatyn's
departure with regret, and thanked him for his commitment and invaluable
contribution to the work of the Supervisory Board.
Furthermore, the general shareholders' meeting approved a reduction in the term
of office of members of the Supervisory Board from six years to four, in
accordance with the recommendations of the AFEP-MEDEF code of governance.
Members of the Supervisory Board who are now serving a 6-year term will remain
in office until their current term expires.
Maurice Lévy, Chairman of the Management Board of Publicis Groupe, told the
meeting:"Publicis Groupe attaches the highest importance to the quality of its
corporate governance. The Groupe's decisions are guided, now and always, by a
sense of ethics, transparency and pioneering spirit, in the best interests of
all our stakeholders - clients, shareholders and employees. In keeping with
these values, Publicis Groupe has successfully introduced Say on Pay
consultation in the belief that the voice of shareholders - who are the true
owners of any company - should have their say regarding senior executive
compensation. I would like to warmly thank our shareholders for taking part in
the Annual General Shareholders' Meeting in person or by correspondence, and for
being so numerous in voting the resolutions. I'd like also to say how much we
are appreciative of their confidence in the governance management of the
company".
Maurice Lévy reminded shareholders of 2012's highlights and results: "2012 was a
challenging year, and yet it was also a record year for Publicis Groupe in terms
of growth in revenue, margin, income and the strength of its balance sheet. I
would like to pay tribute to the remarkable work accomplished by our teams, and
to thank both our clients for continuing to place their trust in us and our
shareholders for once again giving us their support."
Maurice Lévy continued, "The Groupe's transformation is proceeding. Digital now
represents our largest single business activity, accounting for 33% of total
revenue in 2012. We are also rapidly extending our presence in high-growth
countries. Our performance in terms of new business was excellent in 2012, and
has continued to improve well into 2013. The figures just published in April
further strengthen our confidence in our capacity to attain our objectives for
2013 which are to improve our operating margin, and to achieve organic growth of
between +3.2% and +3.6%."
About Jean Charest
Partner, McCarthy Tétrault LLP - Former Prime Minister of Quebec - Member of the
Queen's Privy Council for Canada.
Trained as a lawyer, embraced a career in politics very early on. He was first
elected to the House of Commons in 1984 and, at age 28, became the youngest
cabinet member in Canadian history as Minister of State for Youth. Mr. Charest
held several ministerial posts, including Minister of the Environment in 1991
(he led the Canadian delegation at the 1992 Rio Earth Summit), Minister of
Industry and Deputy Prime Minister in 1993 before becoming the head of
government.
Some of the noteworthy initiatives his successive governments spearheaded
include actions to promote gender parity, sustainable development (trailblazing
measures in transport and energy to fight climate change) and international
relations: Prime Minister Charest led many trade missions to emerging countries,
including China, India, Russia and Brazil. He has been a panelist at the World
Economic Forum in Davos, discussing issues ranging from the environment to
climate change, international trade and labor mobility. His economic action has
enabled Quebec to maintain higher growth than its main partners despite the
economic crisis.
A full webcast of the general shareholders' meeting, along with the results of
voting on all resolutions submitted to shareholders, are available on the
Publicis Groupe website: www.publicisgroupe.com
Press release in PDF in english:
http://hugin.info/156954/R/1705605/564259.pdf
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Source: Publicis Groupe via Thomson Reuters ONE
[HUG#1705605]
Unternehmensinformation / Kurzprofil:
Datum: 29.05.2013 - 17:28 Uhr
Sprache: Deutsch
News-ID 264548
Anzahl Zeichen: 7415
contact information:
Town:
Paris
Kategorie:
Business News
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"Publicis Groupe Annual General Shareholders' Meeting"
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