All AGM agenda items proposed by the Board of Directors passed
Castle Alternative Invest AG announces that the ordinary general meeting today approved all agenda items proposed by the board of directors.
1. The approval of the 2018 annual report, the company and consolidated accounts occurred with 100 per cent of votes;
2. Appropriation of the balance sheet surplus was approved with 100 per cent of votes;
3. The discharge of the board of directors and the general manager was approved with 100 per cent of votes;
4. A capital reduction through cancellation of shares was approved with 100 per cent of votes;
5. Agenda item request by BKS Global PCC Limited –Distribution of a tax free extraordinary dividend was declined with 93 per cent of votes;
6. A capital reduction through nominal value reduction was approved with 100 per cent of votes;
7. The reclassification of reserves was approved with 100 per cent of votes;
8. The company was authorised, with 100 per cent of votes, to launch a new share buyback programme;
9. Agenda item request by BKS Global PCC Limited – Limitation of number of board of directors/Total cost of board of directors was declined with 93 per cent of votes;
10. Agenda item request by BKS Global PCC Limited – Amendment of articles of association/Maximum compensation of each member of the board of directors was declined with 93 per cent of votes;
11. Tim Steel was re-elected as chairman of the board of directors with 93 per cent of votes;
12. Tim Steel, Dr. Konrad Bächinger, Reto Koller, Dr. André Lagger and Kevin Mathews were re-elected as members of the board of directors with 93 per cent on of votes on average;
13. Dr André Lagger and Dr Konrad Bächinger were elected as members of the compensation committee with 93 per cent of votes;
14. The compensation of the board of directors was approved with 93 per cent of votes;
15. The compensation of the executive management was approved with
93 per cent of votes;
16. Mr Peter Marty, Biberzeltenstrasse 21, 8853 Lachen, Schweiz has been appointed as an independent proxy for the company for the period from the AGM until the end of the next annual general meeting with 100 per cent of votes;
17. The election of PricewaterhouseCoopers Ltd. as auditors for a further term of one year was approved with 100 per cent of votes;
18. Agenda item request by BKS Global PCC Limited – Actions to reduce the discount of the share price to the net asset value of the Company’s shares was declined with 93 per cent of votes;
19. Agenda item request by BKS Global PCC Limited – Actions to reduce costs was declined with 93 per cent of votes.
60.4 per cent of shares issued were represented at the meeting.
16 May 19, 2:23 PM