Results of the Extraordinary General Meeting of Dufry AG on October 6, 2020
October 06, 2020 at 12:05 pm EDT
Share
Media Release
Basel, October 6, 2020
Results of the Extraordinary General Meeting
of Dufry AG on October 6, 2020
The Extraordinary General Meeting of Dufry AG was held at the offices of Dufry AG at Brunngässlein 12, 4052 Basel, Switzerland, on October 6, 2020 at 14.00 hrs. The meeting was held without the presence of shareholders based on Article 27 of the Ordinance 3 issued by the Swiss Federal Council on measures to prevent coronavirus (COVID-19) of June 19, 2020, validly convened and constituted, and shareholders duly registered in the share register of the Company representing 23,316,224 shares and 41.96% of the total share capital of Dufry AG were represented at the meeting. All proposals of the Board of Directors have been approved by the Extraordinary General Meeting.
The Board of Directors' proposal to elect Mr. Yves Gerster, Chief Financial Officer of the Company, as chair of the Extraordinary General Meeting has been approved by 99.74% of the votes represented.
The Board of Directors' proposal of an ordinary increase of the share capital of the Company from currently CHF 277,835,830 by up to CHF 123,482,580 to a maximum amount of up to CHF 401,318,410 through the issuance of up to 24,696,516 fully paid-in registered shares, has been approved by 99.57% of the votes represented.
The Board of Directors' proposal to increase the maximum size of the Board of Directors from nine to eleven members and to amend Article 13 para. 1 of the Articles of Incorporation has been approved by 94.93% of the votes represented.
The Board of Directors' proposal to elect Mr. Ranjan Sen as a member of the Board of Directors for a term of office extending until completion of the next Ordinary General Meeting has been approved by 95.89% of the votes represented.
The Board of Directors' proposals to delete Section X. "Contribution in Kind" and Article 30 of the Articles of Incorporation has been approved by 99.44% of the votes represented.
For further information, please contact:
Dr. Kristin Köhler
Renzo Radice
Global Head Investor Relations
Global Head Corporate Communications & Public Affairs
Phone: +41 61 266 44 22
Phone: +41 61 266 44 19
Mobile: +41 79 563 18 09
Mobile: +41 79 461 23 34
kristin.koehler@dufry.com
renzo.radice@dufry.com
Media Release (PDF)
Provider
Channel
Contact
EQS Group Ltd., Switzerland
switzerland.eqs.com
newsbox.ch
www.newsbox.ch
Provider/Channel related enquiries
cs.switzerland@eqs.com
+41 41 763 00 50
Avolta AG, formerly Dufry AG is a Switzerland-based company engaged in the travel retail sector. The Company operates shops located at airports, cruise liners, seaports, railway stations and hotels. The Companyâs shops are categorized under five retail concepts: General Travel Retail Shops, which offer the full range of categories, such as perfumes & cosmetics, food & confectionery, wines & spirits, clothing & accessories, tobacco goods, souvenirs & electronics; Dufry Shopping, which provide travel retail duty-free shops; Brand Boutiques, which offer various boutiques of exclusive brands; Convenience Stores provide a wide assortment such as soft drinks, packaged food, travel accessories, electronics, personal items, souvenirs, newspapers, magazines and books and Specialized Stores offer products from a variety of different brands, belonging to one specific product category such as watches & jewelry, sunglasses, spirits and destination products.