ANNUAL GENERAL MEETING OF SIKA AG
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Sika AG /
ANNUAL GENERAL MEETING OF SIKA AG
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* April 12, 2016 confirmed as date of 2016 Annual General Meeting
* All current members of the Board of Directors are standing for re-election
* Board of Directors rejects proposal of Schenker-Winkler Holding AG to elect
Jacques Bischoff to the Board of Directors
* Board of Directors supports proposal of shareholder group comprising Cascade
Investment/Bill & Melinda Gates Foundation Trust/Fidelity Investments
International /Columbia Threadneedle Investments regarding extension of term
office of Special Experts
The Board of Directors of Sika AG has confirmed April 12, 2016 as the date of
the 2016 Annual General Meeting and responds to the submitted shareholders'
proposals as follows:
ELECTION OF THE BOARD OF DIRECTORS
All current members of the Board of Directors are standing for re-election. The
independent Board members Monika Ribar, Dr. Paul Hälg (Chairman), Daniel J.
Sauter, Frits van Dijk, Ulrich W. Suter and Christoph Tobler will only accept
their election subject to all of them being re-elected and Dr. Paul Hälg also
being re-elected as Chairman of the Board of Directors.
Sika AG has received a proposal from Schenker-Winkler Holding AG (SWH) that
Prof. Dr. Jacques Bischoff be elected to the Board of Directors of Sika AG as a
further representative for SWH. The Board of Directors by a majority recommends
that SWH's proposal be rejected.
EXTENSION OF TERM OF OFFICE OF CURRENT SPECIAL EXPERTS
The shareholder group comprising Cascade Investment, Bill & Melinda Gates
Foundation Trust, Fidelity Investments International and Columbia Threadneedle
Investments proposes that the term of office of the Special Experts be extended
until the 2020 Annual General Meeting.
The Board of Directors supports this proposal by a majority.
COMPLETE AGENDA
The complete agenda containing the Board of Directors' proposals on all items
will be sent to holders of registered shares and published in the Swiss Official
Gazette of Commerce as well as on the website of Sika AG on March 18, 2016.
The 2016 Annual General Meeting will take place at the Waldmannhalle in Baar.
Start: 1.00 p.m., doors open: 12.00 midday.
CONTACT
Dominik Slappnig
Corporate Communications and
Investor Relations
+41 58 436 68 21
slappnig.dominik(at)ch.sika.com
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development
and production of systems and products for bonding, sealing, damping,
reinforcing and protection in the building sector and automotive industry. Sika
has subsidiaries in 93 countries around the world and manufactures in over 170
factories. Its more than 17,000 employees generated annual sales of CHF 5.49
billion in 2015.
The media release can be downloaded from the following link:
Media Release:
http://hugin.info/100359/R/1993878/734136.pdf
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Source: Sika AG via GlobeNewswire
[HUG#1993878]
Unternehmensinformation / Kurzprofil:
Datum: 14.03.2016 - 07:00 Uhr
Sprache: Deutsch
News-ID 457054
Anzahl Zeichen: 3926
contact information:
Town:
Baar
Kategorie:
Business News
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