Sika AG /
Annual General Meeting approves Board's proposals
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The shareholders of Sika AG approved all proposals put forward by the Board of
Directors at the Annual General Meeting of April 12, 2011.
At the Annual General Meeting of Shareholders of April 12 in Cham, the
shareholders of Sika AG approved the Annual Report, the annual financial
statements and the consolidated financial statements for the 2010 business year.
Furthermore, the shareholders accepted the proposal of the Board of Directors to
pay a dividend and to make a nominal value repayment for the 2010 business year.
A gross dividend of CHFÂ 45.00 (unchanged from previous year) per share is to be
paid to holders of bearer shares, and a gross dividend of CHF 7.50 (unchanged
from previous year) per share is to be paid to holders of registered shares. The
ex-date is April 14, the record date April 18, and the value date April
19, 2011.
Moreover, the Annual General Meeting approved a nominal value repayment to
shareholders. The share capital is thereby reduced from CHF 22Â 861Â 602.00 to CHF
1Â 524Â 106.80. The nominal value of the bearer shares is thus reduced from CHF
9.00 to CHF 0.60 and the nominal value of the registered shares from CHF 1.50 to
CHF 0.10. If the transaction proceeds according to schedule, the nominal value
repayment is expected to be made on July 13, 2011.
Urs F. Burkard was re-elected for a further three-year term of office. The
Annual General Meeting also elected Monika Ribar, CEO of Panalpina AG, Basel,
and member of the Board of Directors of Logitech International SA,
Romanel/Morges, to the Board of Directors for the first time.
All other proposals of the Board of Directors were also approved.
Sika AG Contact: Dominik Slappnig
Zugerstrasse 50 Corporate Communications & Investor Relations
CH-6341 Baar, Switzerland Tel.: +41 58 436 68 21
www.sika.com Fax: +41 58 436 68 50
slappnig.dominik@ch.sika.com
Sika AG Corporate Profile
Sika AG, located in Baar, Switzerland, is a globally active specialty chemicals
company. Sika supplies the building and construction industry as well as
manufacturing industries (automotive, bus, truck, rail, alternative energies,
building components). Sika is a leader in processing materials used in sealing,
bonding, damping, reinforcing and protecting load-bearing structures. Sika's
product lines feature high-quality concrete admixtures, specialty mortars,
sealants and adhesives, damping and reinforcing materials, structural
strengthening systems, industrial flooring as well as roofing and waterproofing
systems. Worldwide local presence in 74 countries and some 13 500 employees link
customers directly to Sika and guarantee the success of all partners. Sika
generates annual sales of CHF 4.4 billion. Visit our website atwww.sika.com.
The media release can be downloaded from the following link:
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Sika AG
Zugerstrasse 50 Baar
WKN: 858573;ISIN: CH0000587979;
Media Release:
http://hugin.info/100359/R/1505700/440533.pdf
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Source: Sika AG via Thomson Reuters ONE
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