Post a Comment Print Share on Facebook

Lafarge-Holcim, the Board nominated three new members

The annual General meeting be proposed, with Colin Hall, Naina Lal Kidwai and Claudia Sender Ramirez three new members for election. No longer is a choice of Na

- 34 reads.

Lafarge-Holcim, the Board nominated three new members

The annual General meeting be proposed, with Colin Hall, Naina Lal Kidwai and Claudia Sender Ramirez three new members for election. No longer is a choice of Nassef Sawiris and Gérard will Lamarche compete, such as the Lafarge-Holcim said on Thursday.

Colin Hall bring as Head of Investments of Groupe Bruxelles Lambert, an important shareholder of Lafarge, Holcim, extensive experience in the international financial markets to the Board of Directors, it was said.

Naina Lal Kidwai is part of the information, according to India's most successful business leader and held senior management positions at ANZ Grindleys Bank, and HSBC. Claudia Sender Ramirez has experience in the areas of Marketing and Emerging Markets, gained in senior management positions at LATAM Airlines Group, and hot tub in Latin America.

Groupe Bruxelles Lambert held according to the company, by the end of 2018, approximately 9.4 percent of the Lafarge Holcim shares. Nassef Sawiris had degraded to the NNS Jersey Trust held participation in the cement group in December. Of around 5.8 percent by the end of 2017 in the form of shares and options the share has declined to around 4.4% (1.6% of share, up 2.8% options) by the end of 2018. The largest shareholder, Swiss billionaire Thomas Schmidheiny is, therefore, with a share of 11.4 percent.

dividend proposal to be fleshed out

The Board of Directors proposes to the shareholders for the year 2018 in addition, the distribution of a dividend of CHF 2.00 per registered share from the capital reserves in the Deposit. Subject to the approval of the creation of authorised capital by the General meeting of shareholders shareholders can choose whether you want to receive the dividend in cash, in the Form of new shares in Lafarge, Holcim, at a discount to the market price, or as a combination of cash and shares.

The issue price of the new shares was determined, less a discount of 8 per cent to the share reference price. This price is based on the daily volume weighted average price on the SIX Swiss Exchange shares traded during the period of nine trading days between the 27. May 2019 and 7. June, 2019.

(oli/sda)

Created: 18.04.2019, 11:07 PM

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.