DGAP-Adhoc: Cham Paper Group Holding AG: General Meeting of Shareholders approves all Board of Directors' proposals
07.05.2014 – 19:12
Cham Paper Group Holding AG / Key word(s): AGM/EGM 07.05.2014 19:09 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- The 102nd General Meeting of Shareholders of Cham Paper Group Holding AG took place today in Cham. At this General Meeting a total of 74.91% of the voting share capital was represented. All the proposals submitted by the Board of Directors were adopted by a clear majority. In particular, the shareholders approved a special distribution of CHF 3.00 per registered share in the form of a repayment to be effected entirely from capital contributions taken from the legal reserves. The disbursement of this dividend will take place on 14 May 2014 and is withholding-tax-exempt. Shareholders who hold their shares as private assets will not incur any income tax liability. All members of the Board of Directors standing for re-election were appointed for another financial year. Philipp Buhofer was elected Chairman, and shareholders elected board members Philipp Buhofer and Peter J. Schmid to the Personnel and Compensation Committee. Also, Price Waterhouse Coopers AG, Zug, was confirmed as the auditors, and Sandro G. Tobler as the independent proxy. Some amendments to the articles of association due to the Ordinance against Excessive Compensation in Listed Companies (VegüV) had already been presented at this year's General Meeting. They, too, were approved by shareholders. The 103rd General Meeting of Shareholders will take place on 29 April 2015. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: For further information please contact: Media and IR office of Cham Paper Group Holding AG c/o Dynamics Group Edwin van der Geest / Philippe Blangey E-mail: media@cham-group.com and investor@cham-group.com Phone: +41 43 268 32 32 Swiss Security Number / ISIN / Ticker: CH0001931853 / 193 185 / CPGN Registered Shares: Cham Paper Group Holding AG Cham Paper Group Cham Paper Group is a leading manufacturer of coated speciality papers. The group generates added value for its customers by providing finishing-based functional capabilities. Founded in 1657, at its three locations in Switzerland and Italy the company develops and manufactures speciality papers for use in the consumer goods, industrial release and digital imaging sectors. The consumer goods sector encompasses papers for flexible packaging and base papers for label printing in the food, non-food, tobacco, beverage and pharmaceutical industries. In the industrial release sector, Cham Paper Group supplies silicone-base papers for release liners used in graphical applications and for adhesive tapes and labels. The company also supplies base papers for process liners used in industrial casting and laminating process applications. Facestock papers for the self-adhesive industry round off the range. In addition to large-format inkjet papers for indoor and outdoor applications, the digital imaging sector also includes sublimation papers for digital textile printing. Cham Paper Group has benefited from the trend for sustainable products and is well established on the market thanks to the company's technological innovation. Cham Paper Group (stock exchange symbol: CPGN) is listed on the SIX Swiss Exchange as an independent company. +++++ Additional features: Document: http://n.equitystory.com/c/fncls.ssp?u=XGGJPWRVPO Document title: Press release 07/05/2014 07.05.2014 News transmitted by EQS Schweiz AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news --------------------------------------------------------------------------- Language: English Company: Cham Paper Group Holding AG Fabrikstrasse 6330 Cham Switzerland Phone: +41 41 785 33 33 Fax: +41 41 785 31 50 E-mail: mail.cham@cham-group.com Internet: www.cham-group.com ISIN: CH0001931853 Valor: - Listed: SIX End of Announcement EQS Group News-Service ---------------------------------------------------------------------------