- In accordance with the provisions of article R. 225-106-1 of the French Commercial Code, we hereby inform you of the results of the votes cast during the combined meeting of the shareholders of AKKA Technologies (hereinafter “the Company”), held on 15 June 2017.
- Ninety-two shareholders, representing 13,189,989 shares out of the 20,277,690 shares comprising the share capital (66.98%), to which 21,665,260 voting rights were attached (74.26% of the total), were present or represented at the meeting or cast postal votes.
- In the current favourable environment, and given the good performance in 2016, the Board of Directors decided to propose to the Shareholders' Meeting the payment of a dividend of €0.60 per share, an increase of 20% compared with the dividend paid in 2016 in respect of 2015. In view of the vote in favour of this resolution, the ex-dividend date is set at 30 June 2017, and the dividend will be paid on 4 July 2017.
- All the voting rights attached to the shares present, represented or having cast postal votes were expressed for each of the resolutions submitted to the shareholders' approval, all of which were adopted. The details of the votes are given in the following table, it being specified that abstentions and informal votes are not included in the votes cast:
|1. Approval of the annual financial statements and operations in 2016:||99.36%|
|2. Approval of the 2016 consolidated financial statements:||99.96%|
|3. Appropriation of earnings and determination of dividend:||100.00%|
|4. Approval of the compensation policy applicable to the Chairman and Chief Executive Officer and Deputy CEOs:||89.25%|
|5. Regulated agreements:||82.05%|
|6. Reappointment of a director – Cécile MONNOT:||94.85%|
|7. Reappointment of a director – Maurice RICCI:||92.54%|
|8. Appointment of new director – Muriel BARNEOUD:||99.40%|
|9. Appointment of new director – Valérie MAGLOIRE:||99.40%|
|10. Reappointment of ORFIS SA as statutory auditor:||98.00%|
|11. Approval of an annual budget of €200,000 for directors' fees for the current year and future years:||99.40%|
|12. Authorisation to trade in shares (resolution amended during the meeting – unit purchase limit lifted from €80 to €100):||87.26%|
|13. Authorisation for the Board of Directors to reduce capital by cancelling shares:||98.98%|
|14. Delegation of authority to the Board of Directors to issue ordinary shares or securities convertible into shares, with preferential subscription rights:||81.64%|
|15. Delegation of authority to the Board of Directors to issue ordinary shares or securities convertible into shares, without preferential subscription rights:||80.99%|
|16. Delegation of authority to the Board of Directors to issue ordinary shares or securities convertible into shares by way of public placement, without preferential subscription rights:||80.39%|
|17. Authorisation granted to the Board of Directors, in case of the issue of ordinary shares or securities convertible into shares, without preferential subscription rights, to set the issue price in the manner set by the shareholders' meeting within the limit of ten percent (10%) of the share capital of the Company:||80.60%|
|18. Authorisation granted to the Board of Directors to adjust possible issuance of securities:||81.20%|
|19. Authorisation granted to the Board of Directors to issue shares and securities convertible into shares in consideration for contributions in kind:||81.89%|
|20. Delegation of authority to the Board of Directors to increase the capital by incorporation of reserves, profits or premiums:||83.53%|
|21. Authorisation to the Board of Directors to grant stock subscription options:||82.02%|
|22. Authorisation to the Board of Directors to grant stock purchase options:||82.02%|
|23. Delegation of authority to the Board of Directors to issue shares of the company for the benefit of members of a company savings plan:||99.94%|
|24. Delegation of authority to the Board of Directors for eighteen (18) months to issue free equity warrants during a public offer on the company:||80.39%|
|25. Authorisation to the Board of Directors to make the necessary changes to the articles of association to bring them into compliance with laws and regulations, subject to ratification of these amendments by the next extraordinary shareholders' meeting:||82.76%|
|26. Modification of the articles of association to reflect the regulation in respect of directors representing employees:||100.00%|
H1 2017 revenue: Thursday 27 July 2017
H1 2017 results: Wednesday 27 September 2017
About AKKA Technologies
“The best way to predict the future is to invent it. Let's share our passion for technology.”
AKKA Technologies is a European engineering and technology consulting group that supports large manufacturing and tertiary services companies, seeing their projects through from the initial studies and R&D to large-scale production. AKKA Technologies is an expert in various complementary business lines, and brings real value added to customers in sectors including aerospace, automotive, space/defence, cybersecurity, consumer electronics, telecommunications, life sciences, steel, energy, rail, marine and service industries.
Leader in the automotive and aerospace sectors in Germany and France, AKKA Technologies works worldwide on projects at the forefront of technology thanks to the mobility of its teams and its international positioning.
The AKKA Technologies Group has nearly 15,000 employees and operates in 20 countries, namely Belgium, Canada, China, Czech Republic, France, Germany, Hungary, India, Italy, Morocco, Netherlands, Romania, Russia, Spain, Switzerland, Tunisia, Turkey, UAE, UK and US.
AKKA Technologies is listed on Euronext Paris – Segment B – isin code: FR0004180537.
For more information, please visit www.akka-technologies.com
Follow us on: https://twitter.com/AKKA_Tech
In case of discrepancy between the French and English versions of this press release, only the French version should be deemed valid.
|AKKA Technology contacts|
Group Managing Director & Group CFO
Tel.: +33 4 7892 6083
VP Investor Relations & Corporate Development
Tel.: +33 1 5669 2652
Tel.: +33 1 5367 3675
Thomas Roborel de Climens / Tarick Dali
Tel.: +33 1 4070 1189 / +33 1 4070 0522