Please find below all Forbo media releases listed by year.
Baar, April 23, 2010
At the 82nd Ordinary General Meeting in Zug, the shareholders of Forbo Holding Ltd approved all the proposals of the Board of Directors by a large majority. Dr. Albert Gnägi and Michael Pieper were re-elected as members of the Board of Directors for a further three-year term. A dividend of CHF 6 per share will be paid out with effect from April 30, 2010.
The Ordinary General Meeting of Forbo Holding Ltd was attended by 124 shareholders, representing 1,564,906 registered shares or 57.68 percent of the share capital.
The shareholders approved all the proposals of the Board of Directors by a large majority. They approved the Annual Report, the Annual Accounts and the Group Accounts for the 2009 financial year and granted discharge to the responsible governing bodies. Furthermore, they voted in favor of the proposed profit distribution in the form of a dividend payment of CHF 6 per share and approved the adaptation of the Articles of Association to the new Swiss Book Entry Securities Act.
Dr. Albert Gnägi, Chairman of the Board of Directors, and Michael Pieper, Vice Chairman, were re-elected as members of the Board of Directors for a further term of three years by an overwhelming majority.
Lastly, the shareholders extended the mandate of the auditors PricewaterhouseCoopers AG by a further year.
Forbo is a leading producer of flooring systems, adhesives, as well as power transmission and conveyor belt solutions. The company employs some 6,000 people and has an international network of 44 sites with production and distribution as well as 47 pure sales organizations in a total of 35 countries worldwide. Forbo is headquartered in Baar in the canton of Zug, Switzerland.
Forbo Holding Ltd is listed on the SIX Swiss Exchange (security number 354151, ISIN CH0003541510, Bloomberg FORN SW, Reuters FORN.s).
This E. Schneider
Delegate of the Board of Directors and CEO
Phone +41 58 787 25 49
Fax +41 58 787 20 49