Clariant International AG
Clariant AG english
8th Annual General Meeting of Clariant Ltd
Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
8th Annual General Meeting of Clariant Ltd
Clariant shareholders approve all proposals
Muttenz/Switzerland, April 11, 2003 – The shareholders attending the 8th
Annual General Meeting of Clariant Ltd in the Congress Center of Messe
Basel approved the Annual Report. They also endorsed the motion to offset
the major portion of the loss carried forward with the non-statutory reserves.
The shareholders granted the Board of Directors and the Management
Board discharge.
A total of 655 shareholders attended the 8th Annual General Meeting of Clariant
Ltd, representing (directly or indirectly) 43’261’008 or 28.2 % of the total
number of 153,440,000 shares. In his welcoming address, Chairman of the Board
Robert Raeber expressed his regret about the unsatisfactory result posted in
the past business year. He was confident, however, that the measures that
Clariant has taken in recent weeks would soon put it back on the track to
success.
Clariant CEO Roland Lösser stressed his determination to regain shareholders’
confidence through greater transparency and a policy of open communication.
Priority will be given to defining and implementing a clear-cut strategy and to
improving the results. CEO Lösser also identified the goals of ensuring
liquidity, reducing net debt and strengthening the equity base. As Lösser
further explained, business in the first quarter of 2003 has developed in
accordance with expectations.
The AGM furthermore approved an amendment to the Articles of Association,
stipulating that in future the Board of Directors shall consist of a minimum of
six members and a maximum of ten. Following the resignation of Reinhard Handte,
Stephen Hannam has now also announced his resignation. Both departing members
were thanked for their services. Tony Reis was re-elected for a further
four-year term of office.
As Board Chairman Robert Raeber also explained, suitable new candidates would
be recommended for election to the Board of Directors at the 2004 AGM.
Your contacts at Clariant
Media Relations
Christoph Hafner Tel. +41 61 469 67 46
Fax +41 61 469 69 99
Investor Relations Tel. +41 61 469 67 48
Fax +41 61 469 67 67
Iris Welten Tel. +41 61 469 67 47
Holger Schimanke Tel. +41 61 469 67 45
Daniel Leuthardt Tel. +41 61 469 67 49
end of ad-hoc-announcement (c)DGAP 11.04.2003
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
Clariant – Exactly your chemistry.
Based at Muttenz near Basel, Switzerland, Clariant is a global leader in the
field of fine and specialty chemicals. Some 28 000 employees in more than 100
group companies on five continents generate annual sales of over CHF 9 billion.
Clariant is divided into five Divisions: Textile, Leather & Paper Chemicals,
Pigments & Additives, Masterbatches, Functional Chemicals, Life Science &
Electronic Chemicals. The Divisions have operational autonomy within the overall
group strategy, and are entirely responsible for their own business success.
Clariant’s innovative products play a decisive role in the customers’
manufacturing and treatment processes or add value to their end-products. The
company’s success is based on the know-how of its staff, and on their ability to
identify new customer needs at an early stage and to work together with
customers to find innovative, efficient solutions.
Clariant is committed to sustainable growth springing from its own innovative
strength. Our objective is to achieve 30% of sales with products and services
that are no more than five years old.
http://www.clariant.com
——————————————————————————–
WKN: 895929; ISIN: CH0012142631; Index: SMI
Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, München und Stuttgart; Schweizer Börse (Hauptsegment); SEAQ-
Handel in London
111530 Apr 03
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden