Sika AG / EXTRAORDINARY GENERAL MEETING OF SIKA AG - SHAREHOLDERS APPROVE ALL PROPOSALS OF THE BOARD OF DIRECTORS . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

At today's Extraordinary General Meeting of Sika AG the shareholders have approved by a large majority all proposals of the Board of Directors. In particular the following resolutions were taken:

  • The creation of unitary registered shares with a nominal value of CHF 0.01 each, the abolishment of the opting-out and the transfer restrictions as well as the cancellation of the Sika registered shares purchased from Schenker-Winkler Holding AG (representing 6.97% of the share capital) by way of a capital reduction in an amount of CHF 106,295.20 to CHF 1,417,811.60 were approved.
  • Justin Howell was elected as a member of the Board of Directors and of the Nomination and Compensation Committee.
  • The compensation of the Board of Directors for the terms of office from the Annual General Meeting 2015 to the Annual General Meeting 2019 was approved.
  • The administrative bodies were granted unconditional discharge.
  • The special experts committee established by the Annual General Meeting 2015 was withdrawn.

CONTACT
Dominik Slappnig
Corporate Communications and Investor Relations
+41 58 436 68 21
slappnig.dominik@ch.sika.com

SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and motor vehicle industry. Sika has subsidiaries in 101 countries around the world and manufactures in over 200 factories. Its more than 18,000 employees generated annual sales of CHF 6.25 billion in 2017.

The media release can be downloaded from the following link:

Media Release


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Source: Sika AG via Globenewswire

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Sika AG
Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;