DGAP-News: Wacker Chemie AG: Corona Pandemic: WACKER to Hold Virtual Annual Shareholders' Meeting to Protect Participants' Health
DGAP-News: Wacker Chemie AG
/ Key word(s): AGM/EGM
Munich, April XX, 2020 - Due to the ongoing corona pandemic, Wacker Chemie AG has decided to hold a virtual Annual Shareholders' Meeting this year, without the physical presence of its shareholders or their proxies. The chemical company's Supervisory Board approved an Executive Board resolution to that effect today. WACKER's decision is based on a new legal provision that clears the way for virtual-only shareholders' meetings. On March 19, WACKER had already announced that the event will be postponed until August 4, from the original date of May 20, 2020. "WACKER's top priority here is the participants' health," explains CEO Rudolf Staudigl. "As we don't know when large events requiring attendance will be possible again, we did not want to risk having to postpone our Annual Shareholder's Meeting a second time. It is very important to us that our shareholders can promptly exercise their right to ask questions and to vote," adds Staudigl. WACKER will publish its invitation to the virtual Annual Shareholders' Meeting in due course. The whole Meeting will be livestreamed. Shareholders can submit their questions about agenda items before-hand. After registering by the time specified, they will be able to exercise their voting rights in advance, either in writing or by granting power of attorney to the proxies appointed by WACKER. Both voting forms (in writing or by proxy) will also be available online during the event. The official invitation will provide further details. This press release contains forward-looking statements based on assumptions and estimates of WACKER's Executive Board. Although we assume the expectations in these forward-looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and uncertainties that may cause the actual figures to differ considerably from the forward-looking statements. Factors that may cause such discrepancies include, among other things, changes in the economic and business environment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services, and changes in corporate strategy. WACKER does not plan to update its forward-looking statements, nor does it assume the obligation to do so. For further information, please contact:
05.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Wacker Chemie AG |
Hanns-Seidel-Platz 4 | |
81737 München | |
Germany | |
Phone: | 0049-89-6279-1633 |
Fax: | 0049-89-6279-2933 |
E-mail: | [email protected] |
Internet: | www.wacker.com |
ISIN: | DE000WCH8881 |
WKN: | WCH888 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1035589 |
End of News | DGAP News Service |
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1035589 05.05.2020
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