Publigroupe AGM: All motions approved
On Wednesday, Publigroupe’s general meeting approved all of the board of directors’ proposals by clear majorities. Managing Director Hans-Peter Rohner will now also assume the role of chairman of the board of directors of the Lausanne-based company.
Publigroupe's Annual General Meeting on Wednesday approved all of the Board of Directors' proposals with clear majorities. CEO Hans-Peter Rohner will thus also assume the role of Chairman of the Board of Directors of the Lausanne-based company.
In particular, the Annual General Meeting approved the distribution of a gross dividend of CHF 3.50 per share from May 7, 2009. The net amount of CHF 2.275 will be paid in the company's own shares and the withholding tax of 35% will be paid in cash. The shares distributed as a dividend are valued at CHF 68.94, based on the average closing price of the last five trading days prior to the Annual General Meeting.
The Annual General Meeting bid farewell to Philippe Pidoux. He had been Chairman of the Board of Directors since 1995 and did not stand for re-election when his term of office expired. As proposed, Hans-Peter Rohner, CEO of the Group, was elected as a new member of the Board of Directors. In addition, Peter Brunner and Jean-Pierre Jeannet were re-elected for a further term of office.
The Board of Directors was constituted immediately after the Annual General Meeting, as Publigroupe also announced in its press release. In line with its intention communicated a few months ago, it has elected Hans-Peter Rohner as its Chairman and Pascal Böni as Lead Director. The latter will in particular ensure that the principles of good management are observed during Hans-Peter Rohner's dual mandate. Jean-Pierre Jeannet was confirmed as Vice Chairman.
In particular, the Annual General Meeting approved the distribution of a gross dividend of CHF 3.50 per share from May 7, 2009. The net amount of CHF 2.275 will be paid in the company's own shares and the withholding tax of 35% will be paid in cash. The shares distributed as a dividend are valued at CHF 68.94, based on the average closing price of the last five trading days prior to the Annual General Meeting.
The Annual General Meeting bid farewell to Philippe Pidoux. He had been Chairman of the Board of Directors since 1995 and did not stand for re-election when his term of office expired. As proposed, Hans-Peter Rohner, CEO of the Group, was elected as a new member of the Board of Directors. In addition, Peter Brunner and Jean-Pierre Jeannet were re-elected for a further term of office.
The Board of Directors was constituted immediately after the Annual General Meeting, as Publigroupe also announced in its press release. In line with its intention communicated a few months ago, it has elected Hans-Peter Rohner as its Chairman and Pascal Böni as Lead Director. The latter will in particular ensure that the principles of good management are observed during Hans-Peter Rohner's dual mandate. Jean-Pierre Jeannet was confirmed as Vice Chairman.
