LEONTEQ AG All seven members of the board of directors, who were all standing for re-election, were re-elected for the term of one year. In addition Dr. Pierin Vincenz was re-elected as chairman of the board of directors for the term of one year. Regarding the constitution of the nomination and remuneration committee, Vince Chandler, Hans Isler and Lukas Ruflin were re-elected, each for the term of one year.
In line with the board of director's recommendation, shareholders approved the authorization to increase share capital until 22 March 2019 up to an equal maximum amount of CHF 3 million fully paid in registered shares. There are no plans by the board of directors to make use of this option at this point in time.
For the 2016 financial year, shareholders approved no dividend pay-out from available earnings and no distribution out of reserves from capital contributions and, accordingly, to carry forward all accumulated profits as well as accumulated reserves from capital contributions.
In addition, the annual general meeting approved in two separate binding votes the compensation of the board of directors until the next ordinary general meeting and of the executive committee for the 2018 financial year. By way of an advisory vote, shareholders also endorsed the 2016 compensation report.
For a detailed listing of voting results on all resolutions presented at the 2017 annual general meeting, please visit: www.leonteq.com/investors/annual-general-meetings
Leonteq AG published this content on 23 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 April 2017 14:00:02 UTC.
Original documenthttps://ch.leonteq.com/news/Leonteq-Generalversammlung-2017
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