EQS Group-News: Lalique Group SA / Key word(s): AGMEGM
Results of the Ordinary General Meeting of Lalique Group
2019-05-24 / 17:48
_This press release or the information contained therein is not being issued
and may not be distributed in the United States of America, Canada,
Australia or Japan and does not constitute an offer of securities for sale
in such countries._
MEDIA RELEASE
*Results of the Ordinary General Meeting of Lalique Group*
_Zurich, 24 May 2019 - _*The shareholders of Lalique Group (SIX: LLQ)
approved all proposals put forward by the Board of Directors at today's
Ordinary General Meeting. *
At its Ordinary General Meeting on 24 May 2019 in Zurich, the shareholders
of Lalique Group SA approved the company's business report, consolidated
financial statements and statutory financial statements for the 2018
financial year. The dividend of CHF 0.50 per share proposed by the Board of
Directors, unchanged from the previous year, was also approved by the
General Meeting. The dividend will be exempt from withholding tax and will
be paid to shareholders from the capital contribution reserve on 31 May 2019
(ex-dividend date: 28 May 2019).
All previous members of the Board of Directors - Silvio Denz (Chairman),
Roland Weber, Roger von der Weid, Claudio Denz, Jan Kollros and Marcel
Roesti - were re-elected for a further term of office of one year. Silvio
Denz and Roland Weber were confirmed as members of the Remuneration
Committee.
In addition, the shareholders approved the proposed creation of authorized
capital up to a maximum nominal amount of CHF 240,000. Accordingly, the
Board of Directors is authorized to increase the share capital at any time
until 24 May 2021 by issuance of a maximum of 1,200,000 registered shares
with a par value of CHF 0.20 each, to be fully paid up.
*Planned capital increase with subscription rights for shareholders*
As previously announced, Lalique Group is planning a capital increase by way
of a rights issue in the course of 2019 to refinance parts of the
shareholder loan granted by Silvio Denz for the recent acquisition of 50% of
The Glenturret and to finance other investments and growth initiatives. The
existing shareholders will be granted subscription rights. To increase the
free float, Silvio Denz intends not to exercise his subscription rights. The
timeline and parameters of the planned rights issue have not yet been
defined; the Lead Manager is Zürcher Kantonalbank.
*Media contact*
Lalique Group SA
Esther Fuchs
Senior Communication & PR Manager
Grubenstrasse 18
CH-8045 Zurich
Phone: +41 43 499 45 58
Email: esther.fuchs@lalique-group.com
*Lalique Group*
Lalique Group is a niche player in the creation, development, marketing and
global distribution of luxury goods. Its business areas comprise perfumes,
cosmetics, crystal, jewellery, high-end furniture and living accessories,
along with art, gastronomy and hospitality as well as single malt whisky.
Founded in 2000, the company employs approx. 720 staff and has its
headquarters in Zurich. The Lalique brand, from which the Group derives its
name, was created in Paris in 1888 by the master glassmaker and jewellery
designer René Lalique. The registered shares of Lalique Group SA (LLQ) are
listed on the SIX Swiss Exchange.
You can find further information at www.lalique-group.com [1]. [1]
*Important Information*
This communication is being distributed only to, and is directed only at (i)
persons outside the United Kingdom, (ii) persons who have professional
experience in matters relating to investments falling within article 19(5)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (the "Order") or (iii) high net worth entities, and other persons to
whom it may otherwise lawfully be communicated, falling within Article 49(2)
of the Order (all such persons together being referred to as "Relevant
Persons"). Any investment or investment activity to which this communication
relates or may be deemed to relate is available only to Relevant Persons and
will be engaged in only with Relevant Persons. Any person who is not a
Relevant Person must not act or rely on this communication or any of its
contents.
This communication does not constitute an "offer of securities to the
public" within the meaning of Directive 2003/71/EC of the European Union
(the "Prospectus Directive") of the securities referred to in it (the
"Securities") in any member state of the European Economic Area (the "EEA").
Any offers of the Securities to persons in the EEA (if any) will be made
pursuant to an exemption under the Prospectus Directive, as implemented in
member states of the EEA, from the requirement to produce a prospectus for
offers of the Securities.
The securities referred to herein have not been and will not be registered
under the US Securities Act of 1933, as amended (the "Securities Act"), and
may not be offered or sold in the United States or to US persons (as such
term is defined in Regulation S under the Securities Act) unless the
securities are registered under the Securities Act, or an exemption from the
registration requirements of the Securities Act is available. Lalique Group
SA has not registered, and does not intend to register, any of its shares in
the United States, and does not intend to conduct a public offering of
securities in the United States.
This publication constitutes neither an offer to sell nor a solicitation to
buy securities of Lalique Group SA and it does not constitute a prospectus
or a similar notice within the meaning of article 652a, article 752 and/or
article 1156 of the Swiss Code of Obligations or a listing prospectus within
the meaning of the listing rules of the SIX Swiss Exchange. Any offering
and/or listing of securities will be made solely by means of, and on the
basis of, a securities prospectus which is to be published. An investment
decision regarding any publicly offered securities of Lalique Group SA
should only be made on the basis of a securities prospectus. If the rights
issue proceeds with a resolution to increase the capital on or promptly
after the next ordinary shareholders meeting, the securities prospectus is
expected to be published after the meeting and will be available free of
charge at Lalique Group.
_This communication is not for distribution in the United States, Canada,
Australia or Japan. This communication does not constitute an offer to sell,
or the solicitation of an offer to buy, securities in any jurisdiction in
which is unlawful to do so._
End of Corporate News
Language: English
Company: Lalique Group SA
Grubenstrasse 18
8045 Zürich
Switzerland
Phone: 043 499 45 00
Fax: 043 499 45 03
E-mail: info@lalique-group.com
Internet: www.lalique-group.com
ISIN: CH0033813293
Valor: A0M1KL
Listed: SIX Swiss Exchange
EQS News ID: 815773
End of News EQS Group News Service
815773 2019-05-24
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=94a841c42b937595c92cad70c185389c&application_id=815773&site_id=vwd&application_name=news
(END) Dow Jones Newswires
May 24, 2019 11:49 ET (15:49 GMT)
