Aperam S.A. / Key word(s): AGM/EGM
The Annual General Meeting and Extraordinary General Meeting of shareholders
approve all resolutions on the agenda S.A.:
05-May-2020 / 15:50 CET/CEST
Luxembourg May 5, 2020 (15:50 CET) - The Annual General Meeting and
Extraordinary General Meeting of shareholders ("the General Meetings") of
Aperam held today in Luxembourg approved all resolutions on the agenda by a
large majority. 75% of the voting rights were represented at the General
Meetings.
In view of the Covid-19 outbreak, the Board of Directors of Aperam had
decided to hold this year's General Meetings by virtual-only format as
permitted by Luxembourg law. In view thereof, arrangements were made to
allow shareholders to vote electronically and by proxy voting. The results
of the votes will be posted in due course on www.aperam.com under
"Investors" - "Equity Investors" - "Shareholders' Meetings" - "5 May 2020 -
General Meetings of Shareholders".
In particular, the shareholders
? approved the consolidated financial statements for the financial year
2019;
? approved the remuneration policy, and remuneration report for the year
2019;
? re-elected Mr. Joe Greenwell; and elected Mr. Alain Kinsch, and Dr. Ros
Rivaz as Directors of Aperam for a term of three years;
? authorized grants of share based incentives under the Group's Long Term
Incentive Plan covering Performance Share Unit grants for the Leadership
Team and other performance based grants below the level of the Leadership
Team; and
? decided to renew and extend the scope of the authorised share capital of
the Company, to authorize the Board of Directors to limit or cancel the
preferential subscription rights of existing shareholders and to amend the
articles of association accordingly
About Aperam
Aperam is a global player in stainless, electrical and specialty steel, with
customers in over 40 countries. The business is organised in three primary
operating segments: Stainless & Electrical Steel, Services & Solutions and
Alloys & Specialties.
Aperam has a flat Stainless and Electrical steel capacity of 2.5 million
tonnes in Brazil and Europe and is a leader in high value specialty
products. In addition to its industrial network, spread over six production
facilities in Brazil, Belgium and France, Aperam has a highly integrated
distribution, processing and services network and a unique capability to
produce stainless and special steels from low cost biomass (charcoal made
from its own FSC?-certified forestry).
In 2019, Aperam had sales of EUR 4,240 million and steel shipments of 1.79
million tonnes.
For further information, please refer to our website at www.aperam.com
Contact
Corporate Communications / Laurent Beauloye: +352 27 36 27 103
Investor Relations / Thorsten Zimmermann: +352 27 36 27 304
Dissemination of a Financial Wire News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
1036321 05-May-2020 CET/CEST
(END) Dow Jones Newswires
May 05, 2020 09:50 ET (13:50 GMT)
