Kaufman & Broad SA
Kaufman & Broad SA: COMBINED ORDINARY AND EXTRAORDINARY SHAREHOLDERS'
MEETING MAY 5, 2020
12-May-2020 / 17:04 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
COMBINED ORDINARY AND EXTRAORDINARY
SHAREHOLDERS' MEETING
MAY 5, 2020
Number of shareholders present or reprensented to 251
the meeting:
Number of shareholder shares present or represented 17,801,505
to the meeting:
Number of shareholder votes present or reprensented 22,074,058
to the meeting:
GENERAL QUORUM reached
Resolutions Result Votes For Against Forbearance
cast
(in (in (in (in number
number number number and
and and and proportion
propor proporti proport of votes
tion on of ion of cast)
of votes votes
votes cast)) cast)
cast)
RESOLUTIONS SUBMITTED TO ORDINARY SHAREHOLDERS'MEETING
1. Review and Adopted 22,074 22,028,4 - 45,602
approval of ,058 56
the statutory
financial
statements
for the
fiscal year
ended
November 30,
2019
80.59% 100.00% 0.21%
2. Appropriation Adopted 22,074 21,818,0 256,033 -
of earnings ,058 25
for the
fiscal year
ended
November 30,
2019
80.59% 98.84% 1.16%
3. Review and Adopted 22,074 22,028,4 - 45,602
approval of ,058 56
the
Consolidated
Financial
Statements
for the
fiscal year
ended
November 30,
2019
80.59% 100.00% 0.21%
4. Review and Adopted 22,074 22,073,5 - 548
approval of ,058 10
agreements
subject to
Article L.
225-38 of the
French
Commercial
Code
80.59% 100.00% 0.00%
5. Approval of Adopted 22,039 21,036,3 1,002,1 548
the ,058 64 46
compensation
policy for
the Chairman
and Chief
Executive
Officer
80.59% 95.45% 4.55% 0.00%
6. Approval of Adopted 22,073 22,046,8 2,383 23,856
the ,058 19
compensation
policy for
the directors
80.59% 99.99% 0.01% 0.11%
7. Approval of Adopted 22,039 21,721,3 286,177 32,523
the payment ,058 58
of the fixed,
variable and
exceptional
components of
the total
compensation
and benefi ts
of any kind
paid during
the year
ended
November 30,
2019 or
awarded to
the Company's
Chairman and
Chief
Executive
Officer for
the same
fiscal year
80.59% 98.70% 1.29% 0.15%
8. Approval of Adopted 22,074 22,030,8 42,623 548
information ,058 87
mentioned in
Article L.
225-37-3 I.
of the French
Commercial
Code
80.59% 99.81% 0.19% 0.00%
9. Ratification Adopted 22,074 22,047,4 26,573 -
of the ,058 85
co-optation
of André
Martinez as
director
80.59% 99.88% 0.12%
10. Authorization Adopted 22,074 22,056,6 - 17,436
to be granted ,058 22
to the Board
of Directors,
for a period
of
18 months,
for the
Company to
buy back its
own shares
80.59% 100.00% 0.08%
21. Powers to Adopted 22,074 22,074,0 - -
complete ,058 58
formalities
80.59% 100.00%
RESOLUTIONS SUBMITTED TO EXTRAORDINARY SHAREHOLDERS'
MEETING
11. Adoptée 22,074, 22,049, 25,025 -
058 033
Authorization
to be granted
to the Board
of Directors,
for a period
of 26 months,
to cancel
shares held
by the
Company
following the
buyback of
its shares
80.59% 99.89% 0.11%
12. Delegation of Adopted 22,074, 22,008, 65,616 -
authority to 058 442
be granted to
the Board of
Directors,
for a period
of 26 months,
to issue
shares and/or
securities
convertible
into equity
securities to
be issued by
the Company,
without
preemptive
subscription
rights for
shareholders,
to
participants
in the
group's
Company
Savings
Plan(s) up to
a maximum
amount of 3%
of the
share capital
80.59% 99.70% 0.30%
13. Authorization Adopted 22,074, 20,605, 1,468,4 80
to be granted 058 508 70
to the Board
of Directors,
for a period
of
38 months, to
award bonus
shares to be
issued or
already
issued
to employees
and/or
executive
corporate
offi cers of
the Company
and related
entities
80.59% 93.35% 6.65% 0.00%
Résolutions Résultat Voix Pour Contre Abstention
exprimé
es
(en (en (en (en nombre
nombre nombre nombre et en
et en et en et en proportion
proport proport proport des voix
ion des ion des ion des exprimées)
voix voix voix
exprimé exprimé exprimé
es) es) es)
14. Amendment of Adopted 22,074, 21,907, 166,760 -
Article 10 058 298
bis of the
bylaws
80.59% 99.24% 0.75%
15. Amendment of Adopted 22,074, 21 907 166,760 -
the bylaws - 058 298
insertion of
an Article 10
ter
80.59% 99.24% 0.75%
16. Amendment of Rejected 22,074, 13,308, 8,765,4 -
Article 24 of 058 559 99
the bylaws
relating to
the dividends
-
introduction
of a loyalty
dividend
80.59% 60.29% 39.71%
17. Amendment of Rejected 22,074, 13,190, 8,883,4 -
Article 7 of 058 622 36
the bylaws of
the Company
80.59% 59.76% 40.24%
18. Amendment of Adopted 22,074, 21,907, 166,760 40
Article 11 of 058 258
the bylaws of
the Company
80.59% 99.24% 0.76% 0.00%
19. Amendment of Adopted 22,074, 166,760 40
Article 12 of 058
the bylaws of
the Company
21,907,
258
80.59% 99.24% 0.76% 0.00%
20. Amendment of Adopted 22,074, 21,907, 166,785
Article 16 of 058 273
the bylaws of
the company
80.59% 99.24% 0.76% -
This press release is available on the website: www.kaufmanbroad.fr [1]
Contacts
Chief Financial Officer Press Relations:
Bruno Coche Kaufman & Broad: Emmeline Cacitti
+33 (1) 41 43 44 73 + 33 (6) 72 42 66 24 / ecacitti@ketb.com
Infos-invest@ketb.com
About Kaufman & Broad - Kaufman & Broad has been designing, building, and
selling single-family homes in communities, apartments, and offices on
behalf of third parties for 50 years. Kaufman & Broad is one of the leading
French developers-builders due to the combination of its size and
profitability, and the strength of its brand.
The Kaufman & Broad Universal Registration Documentwas filed with the French
Financial Markets Authority ("AMF") under No. D.20-0231 on March 31, 2020.
It is available on the AMF (www.amf-france.org [2]) and Kaufman & Broad
(www.kaufmanbroad.fr [3]) websites. It contains a detailed description of
Kaufman & Broad's business activities, results, and outlook, as well as the
associated risk factors. Kaufman & Broad specifically draws attention to the
risk factors set out in Chapter 1.2 of the Universal Registration Document.
The occurrence of one or more of these risks might have a material adverse
impact on the Kaufman & Broad group's business activities, net assets,
financial position, results, and outlook, as well as on the price of Kaufman
& Broad SA's shares.
This press release does not amount to, and cannot be construed as amounting
to a public offering, a sale offer or a subscription offer, or as intended
(MORE TO FOLLOW) Dow Jones Newswires
May 12, 2020 11:04 ET (15:04 GMT)
