Business News

Harmonious AGM for schlott gruppe

Thursday 05. March 2009 - All items on the agenda adopted with overwhelming majority

Shareholders authorise proposed dividend of €0.50 per share
Amendments to the articles of association accepted as proposed
Freudenstadt, March 4, 2009. The Annual General Meeting (AGM) of schlott gruppe AG for the 2007/8 financial year was con-ducted in a very harmonious manner. The event staged in Freudenstadt on March 3, was attended by more than 450 shareholders. Around 46 per cent of the company’s share capital was represented. Management reported in detail about the financial year 2007/8 and elaborated about the current very difficult market environment and the risks resulting from that for schlott gruppe.
The actions of the Management Board and Supervisory Board were approved with a very high majority vote. The other proposals put forward by the management were also adopted on the basis of large majorities. There were no counterproposals to the items on the agenda.