ALSTOM SA: Alstom shareholders approve all submitted resolutions and the proposed combination of Alstom with Siemens' Mobilit...
17 Luglio 2018 - 5:45PM
Alstom
shareholders approve all submitted resolutions and the proposed
combination of Alstom with Siemens' Mobility business
17 July 2018
- Alstom's Special and Combined Shareholders' Meetings, which took
place on 17 July 2018 in Paris, approved all the proposed
resolutions.
New milestone
reached in the proposed combination of Alstom with Siemens Mobility
business
The shareholders approved with a
very large majority of above 95% the resolutions related to the
proposed combination of Alstom with Siemens Mobility business
including its rail traction drives business.
This transaction brings together
two innovative players of the railway market with unique customer
value and operational potential. The two businesses are largely
complementary in terms of activities and geographies.
As part of the combination, Alstom
existing shareholders at the close of the day preceding the closing
date, will receive two exceptional distributions: a control premium
(Distribution A) of €4 per share, and an exceptional distribution
(Distribution B) of up to €4 per share.
The transaction is subject to
approval by relevant anti-trust authorities and closing is expected
in the first half 2019.
2020 strategy and
2017/18 fiscal year
The Shareholders' Meeting was also
the opportunity to come back on Alstom's 2020 strategy, 2017/18
fiscal year highlights and financial performance.
The shareholders approved the
distribution of a dividend of €0.35 per share, up 40% compared to
last year. The ex-dividend date would be 20 July 2018 and the
record date would be 23 July 2018. The dividend would be payable in
cash from 24 July 2018.
Governance
The shareholders approved the
renewal of the mandates of Olivier Bouygues, Bouygues SA
(represented by Philippe Marien) and Bi Yong Chungunco and the
appointment of Baudouin Prot and Clotilde Delbos as Directors.
The Board of Directors of Alstom
is now composed of 14 Directors: Henri Poupart-Lafarge as Chairman
and CEO, Yann Delabrière*, as independent Lead Director, Candace K.
Beinecke, Olivier Bouygues, Bi Yong
Chungunco*, Françoise Colpron*, Clotilde Delbos*, Gérard
Hauser, Sylvie Kandé de Beaupuy*, Klaus Mangold*, Bouygues SA
(represented by Philippe Marien), Géraldine Picaud*, Baudouin Prot*
and Sylvie Rucar*.
The proportion of independent
Directors exceeds 64% and parity continues to be respected.
The shareholders also approved the
future Board of Directors[1] of the
combined entity Siemens Alstom composed of 11 Directors, out of
which 6 independent members (55%) and 5 women (45%): Roland Busch
as Chairman, Yann Delabrière* as independent Vice-Chairman,
Clotilde Delbos*, Sigmar H. Gabriel*, Sylvie Kandé de Beaupuy*,
Janina Kugel, Henri Poupart-Lafarge as CEO, Baudouin Prot*,
Christina M. Stercken*, Ralf P. Thomas and Mariel von Schumann.
The shareholders approved the
removal of double voting rights allowing to revert to the "one
share, one vote" principle.
* Independent
Directors under the Code de gouvernement d'entreprise
AFEP-MEDEF
About
Alstom
As a promoter of sustainable mobility, Alstom
develops and markets systems, equipment and services for the
transport sector. Alstom offers a complete range of solutions (from
high-speed trains to metros, tramways and e-buses), passenger
solutions, customised services (maintenance, modernisation),
infrastructure, signalling and digital mobility solutions. Alstom
is a world leader in integrated transport systems. The company
recorded sales of €8.0 billion and booked €7.2 billion of orders in
the 2017/18 fiscal year. Headquartered in France, Alstom is present
in over 60 countries and employs 34,500 people.
www.alstom.com
Press
contacts
Christopher English - Tel. + 33 1 57 06 36 90
christopher.a.english@alstomgroup.com
Samuel Miller - Tel. + 33 1 57 06 67
74
samuel.miller@alstomgroup.com
Investor
relations
Selma Bekhechi - Tel. + 33 1 57 06 95 39
Selma.bekhechi@alstomgroup.com
Julien Minot - Tel. + 33 1 57 06
64 84
Julien.minot@alstomgroup.com
[1] Subject to
approval by relevant anti-trust authorities
2018-07-17 PR Alstom AG
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announcement is distributed by Nasdaq Corporate Solutions on behalf
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ALSTOM SA via Globenewswire
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