2021 Annual General Meeting of Shareholders of The Native SA approves all
proposals by the Board of Directors
Basel, June 30, 2021 - The Native SA which is listed on the SIX Swiss Exchange and based in Basel, today held its Annual General Meeting of Shareholders. All proposals by the Board of Directors were approved by the shareholders with a significant majority.
Among other things the change of the Company's name to "Youngtimers AG" and the capital increase at an issue price of CHF 0.7 per share for a gross cash consideration of minimum CHF 20 million to a maximum of CHF 40 million to be completed in Q3 2021 have been approved.
The Company would like to thank the previous members of the Board of Directors, Patrick Girod and Victor Iezuitov who did not stand for re-election, for their great effort for the Company and most importantly, that they paved the way for a new chapter of the Company with resolution of the insolvency proceedings.
Adam Lindemann, Clive Ng and Massimiliano Iuliano have been elected as new members of the Board of Directors and Adam Lindemann as its Chairman.
The Company would like to thank all shareholders for approving all proposals and the associated trust in the restructuring of the Company. The new corporate strategy is expected to be communicated in the 3rd quarter of 2021.
For the 2020 Annual Report and Financial Statements: https://thenative.ch/financial-reports/
For the 2021 Annual Shareholders meeting results: https://thenative.ch/meetings/
The Native SA
Gerbergasse 48 4001 Basel Investor Relations firstname.lastname@example.org http://www.thenative.ch
Further inquiries: email@example.com
The Native SA published this content on 30 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2021 10:47:36 UTC.