EANS-General Meeting: Lenzing AG
Invitation to the General Meeting
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General meeting information transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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Lenzing Aktiengesellschaft ("Company")
with its registered office in Lenzing
Commercial Register No. ("FN") 96499 k
ISIN: AT 0000644505
I n v i t a t i o n
to the
73rd Annual General Meeting of our Company
to be held on Tuesday, 25 April 2017 at 10:30 a.m. (CEST) at the Kulturzentrum
Lenzing, Johann-Böhm-Straße 1, 4860 Lenzing.
Agenda:
1. Presentation of the adopted annual financial statements and the management
report and corporate governance report, consolidated financial statements and
group management report, each as of December 31, 2016, presentation of the
proposal for the use of profits, and of the report of the Supervisory Board on
the business year 2016
2. Adopting a resolution on the use of the net profit shown in the 2016 annual
financial statements
3. Adopting a resolution on discharge of the Members of the Management Board for
the business year 2016
4. Adopting a resolution on discharge of the Members of the Supervisory Board
for the business year 2016
5. Adopting a resolution on the compensation of members of the Supervisory Board
for the business year 2016
6. Elections to the Supervisory Board
7. Election of the auditor of the annual financial statements and consolidated
financial statements for the business year 2017
Opportunity for shareholders to inspect records pursuant to section 108
sub-sections 3 and 4 of the Stock Corporations Act ("AktG") (section 106 pt. 4
of the Stock Corporations Act)
In addition to the complete text of this convocation and the forms for
appointing and revoking appointment of a proxy holder according to section 114
Stock Corporations Act, the following documents and records will be available at
the latest from the 21st day preceding the Annual General Meeting for inspection
on the Company website www.lenzing.com under Annual General Meeting 2017, but
prospectively already from 23 March 2017.
- Annual financial statements and management report,
- Corporate governance report,
- Consolidated financial statements and group management report,
- Proposal for the use of profits,
- Report of the Supervisory Board,
each relating to the business year 2016;
- Proposed resolutions on items 2. - 7. of the agenda,
- Ad agenda item 6.: Curriculum vitae of the candidates to be appointed to the
Supervisory Board pursuant to section 87 subsection 2 of the Stock Corporations
Act.
These documents will additionally be available at the Annual General Meeting.
Upon request each shareholder will be provided with a copy of the aforementioned
documents immediately and free of charge.
Information on shareholders' rights pursuant to sections 109, 110 and 118 of the
Stock Corporations Act (section 106 pt. 5 of the Stock Corporations Act)
Pursuant to section 109 of the Stock Corporations Act, shareholders whose
aggregate shareholding equals five percent or more of the nominal capital may
request in written form that additional items be put on the agenda of the Annual
General Meeting and published. Each motion for an item to be put on the agenda
must be accompanied by a proposal for a resolution with statement of reasons.
Shareholders filing such a motion must have held the shares continuously for at
least three months prior to filing the motion. Any such request by shareholders
must be received by the Company no later than on the 21st day before the Annual
General Meeting, i.e. by 04 April 2017. In case of an additional item to be put
on the agenda, the supplemented agenda of the Annual General Meeting will be
announced publicly, electronically on the company website www.lenzing.com Annual
General Meeting 2017 no later than 06 April 2017, as well as in the same way as
the original agenda (in the official gazette to the "Wiener Zeitung") no later
than 11 April 2017.
Pursuant to section 110 of the Stock Corporations Act, shareholders whose
aggregate shareholding equals one percent or more of the nominal capital may
submit proposed resolutions in text form concerning any item on the agenda, and
request that these be made available on the Company website, together with the
name of the respective shareholders, a statement of reasons to be submitted with
the proposal, and any comments of the Management Board or Supervisory Board.
Requests of this kind will only be considered when received by the Company no
later than on the 7th working day before the Annual General Meeting, i.e. by 13
April 2017. In case of a proposal for the election of a Supervisory Board member
the statement of the proposed person pursuant to section 87 subsection 2 of the
Stock Corporations Act replaces the statement of reasons. Such proposed
resolutions will be made available on the company website www.lenzing.com Annual
General Meeting 2017 no more than two days from receipt and no later than 18
April 2017.
Pursuant to section 118 of the Stock Corporations Act, any shareholder shall be
provided with information on the Company's affairs upon request at the Annual
General Meeting to the extent that such information is required for proper
assessment of an item on the agenda. This obligation to provide information
shall also extend to the legal and business relationships of the Company with
affiliated companies, the state of affairs of the group, and the companies
included in the consolidated
financial statements.
The Company may deny providing information to the extent that according to sound
business judgment it might cause material damage to the Company or any
affiliated company or if providing such information would constitute a
punishable offense. Providing information may also be denied if such information
has been continuously available on the Company website in the form of question
and answer for at least seven days prior to the beginning of the Annual General
Meeting.
We kindly ask the shareholders to send any questions requiring extensive
preparation to answer to the Company in in written form in due time prior to the
Annual General Meeting.
For the purpose of providing proof of shareholder status in order to exercise
the above mentioned shareholders' rights it is sufficient if holders of
deposited bearer shares submit a deposit certificate (Depotbestätigung) within
the meaning of section 10a Stock Corporations Act. Any rights of shareholders
subject to a specific holding period may be exercised only if the submitted
deposit certificate gives proof of the shareholder status during the relevant
period. A deposit certificate used to prove current shareholder status must not
be older than seven days when submitted to the Company.
Further information on shareholders' rights, in particular under sections 109,
110 and 118 of the Stock Corporations Act, is also available on the company
website at www.lenzing.com Annual General Meeting 2017.
Any motions for putting additional items on the agenda pursuant to section 109
of the Stock Corporations Act, including enclosures, shall be submitted to the
Company exclusively by mail or courier service in written form (Lenzing AG,
Werkstrasse 2, 4860 Lenzing) attn. Mag. Waltraud Kaserer.
Proposals for resolutions pursuant to section 110 of the Stock Corporations Act,
including enclosures, as well as any questions shall be submitted to the Company
exclusively by mail or courier service (Lenzing AG, Werkstrasse 2, 4860
Lenzing), by fax (+43 (0) 7672/918-2713) or email
(Hauptversammlung_2017@lenzing.com; the documents in text form, e.g. as a
PDF-file, must be attached to the e-mail) attn. Mag. Waltraud Kaserer.
Record date and conditions of attendance of the Annual General Meeting pursuant
to section 111 of the Stock Corporations Act (section 106 points 6 and 7 of the
Stock Corporations Act)
Pursuant to section 111 sub-section 1 of the Stock Corporations Act, the right
to attend the Annual General Meeting and to exercise the shareholders' rights
that are exercised during the Annual General Meeting is determined by the shares
held at the end of the tenth day before the date of the Annual General Meeting
(Record Date), consequently on the shares held on Saturday, 15 April 2017, 12:00
p.m. (CEST).
Participation in the Annual General Meeting is limited to persons who are
shareholders on the Record Date and supply proof thereof to the Company.
In case of deposited bearer shares proof of shareholding at the Record Date is
provided by submitting a deposit certificate pursuant to section 10a of the
Stock Corporations Act. The deposit certificate shall be issued by the
depositary bank based in a member state of the European Economic Area or in a
full member state of the OECD. The deposit certificate must contain at least the
information required according to section 10a sub-section 2 of the Stock
Corporations Act. Deposit certificates will be accepted in German and English.
Proof of shareholder status at the Record Date in the form of a deposit
certificate must be received through one of the following communication channels
and addresses no later than on the third working day before the Annual General
Meeting, i.e. by 20 April 2017: By mail or courier service (Lenzing AG, c/o
Computershare Operations Center, 80249 Munich), by email
(anmeldestelle@computershare.de) using a qualified electronic signature, by
SWIFT BIC COMRGB2L (message type MT598, stating ISIN AT 0000644505 in the text),
in advance also by fax (+49 (0) 89 30903 74675) and by (non qualified) email
(anmeldestelle@computershare.de).
Further information on the conditions of participation in the Annual General
Meeting, is also available on the Company website at www.lenzing.com Annual
General Meeting 2017.
Appointment of a proxy holder pursuant to sections 113 et seq Stock Corporations
Act (section 106 pt. 8 of the said Act)
Any shareholder entitled to attend the Annual General Meeting shall be entitled
to appoint a natural or legal person as proxy holder. The proxy holder may
attend the Annual General Meeting on behalf of the shareholder and will have the
same rights as the shareholder represented. The Company itself or a member of
the Management Board or Supervisory Board may exercise voting rights as a proxy
holder only insofar as the shareholder has explicitly provided detailed voting
instructions regarding the individual items of the agenda.
The proxy must be granted to a specific person. A proxy in text form shall be
sufficient in any case. If a shareholder has granted power of proxy to the
depositary bank (section 10a of the Stock Corporations Act) it shall be
sufficient if in addition to submitting the deposit certificate the bank makes a
statement that it has been granted power of proxy. It is also possible to grant
power of proxy to multiple persons. Forms for granting power of proxy which may
also be used to grant limited power of proxy are available on the Company
website www.lenzing.com under Annual General Meeting 2017.
The proxy must be received no later than on 24 April 2017, 1.00 p.m. (CEST)
exclusively by mail or courier service (Lenzing AG, c/o Computershare Operations
Center, 80249 München), by fax (+49 (0) 89 30903 74675), email
(anmeldestelle@computershare.de) or by SWIFT BIC COMRGB2L; the proxy in text
form, e.g. as PDF-file, must be attached to the e-mail and will be kept by the
Company.
On the day of the Annual General Meeting the proxy may only be submitted upon
registration for the Annual General Meeting at the venue of the meeting. The
aforementioned provisions on granting power of proxy apply analogously to the
revocation of power of proxy. Any revocation shall be valid only when received
at one of the aforementioned addresses respectively by the Company.
As a special, free of charge service shareholders who are not able or do not
wish to attend the Annual General Meeting in person may have their voting rights
in the Annual General Meeting exercised by Mr Michael Knap as representative of
the "Interessenverband für Anleger" (IVA, Austrian Association of Investors),
1130 Vienna, Feldmühlgasse 22. As independent proxy holder Mr Michael Knap will
exercise the voting rights exclusively in accordance with and bound by voting
instructions given by the respective shareholders regarding the individual items
of the agenda. However, shareholders intending to grant power of proxy are not
obliged to appoint Mr Michael Knap as their proxy holder. A special form for
granting power of proxy or revocation of proxy to Mr Michael Knap (only
available in German) may be downloaded at the Company website at www.lenzing.com
Annual General Meeting 2017. The proxy granted to Mr Michael Knap must be
received no later than on 24 April 2017, 1.00 p.m. (CEST) exclusively by mail or
courier service (Lenzing AG, c/o Computershare Operations Center, 80249
München), by fax (+49 (0) 89 30903 74675), email
(anmeldestelle@computershare.de) or by SWIFT BIC COMRGB2L; the proxy in text
form, e.g. as PDF-file, must be attached to the e-mail) and will be kept by the
Company.
Further information on the granting of proxy to Mr Michael Knap is also
available on the Company website at www.lenzing.com Annual General Meeting 2017.
Shareholders may also contact Mr Michael Knap directly by tel: +43 (0) 664 213
8740, by fax: +43 (0) 1 876 33 43-39 or by e-mail: michael.knap@iva.or.at.
Total number of shares and voting rights at the date of convocation of the
Annual General Meeting (Section 106 pt. 9 of the Stock Corporations Act)
At the date of convocation of the Annual General Meeting, the nominal capital of
the Company amounts to EUR 27.574.071,43 and is divided into 26.550.000 nopar
value bearer shares. Each no-par value share grants one vote. At the date of the
convocation of the Annual General Meeting, the Company does not hold own shares.
Thus, the total number of shares entitled to participate and vote amounts to
26.550.000 at the date of the convocation of the Annual General Meeting.
Doors for the Annual General Meeting will open on 25 April 2017, at 09:45 a.m.
(CEST).
The shareholders and proxy holders are requested to show an identity document
with a photograph (passport, ID card, driver's license) at the entrance to the
Annual General Meeting. We kindly ask the shareholders and proxy holders to take
into account the high number of participants to be expected and the usual safety
precautions when planning the timing of their arrival.
This document is published in German and in a non-binding English convenience
translation.
Lenzing, March 2017
The Management Board
Further inquiry note:
Lenzing AG
Mag. Waltraud Kaserer
Vice President Corporate Communications & Investor Relations
Tel.: +43 (0) 7672 701-2713
mailto:w.kaserer@lenzing.com
end of announcement euro adhoc
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issuer: Lenzing AG
A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: office@lenzing.com
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI, ATX, Prime Market
stockmarkets: official market: Wien
language: English
Original-Content von: Lenzing AG, übermittelt durch news aktuell