Landis+Gyr Shareholders Approve all Proposals
Cham, Switzerland – June 24th, 2021 – Today, the Annual General Meeting (AGM) of Landis+Gyr Group AG (SIX: LAND) took place in Cham without the physical presence of shareholders due to the ongoing COVID-19 situation. Represented by the independent proxy, shareholders approved all proposals put forward by the Board of Directors. Votes were cast by shareholders representing 67.5% of the shares entitled to vote.
The seven members of the Board of Directors standing for re-election as well as Laureen Tolson as new member were appointed for a one-year term of office. Andreas Umbach was re-elected as the Company’s Chairman. Shareholders also ratified the amounts for future compensation for the Board of Directors and the Group Executive Management and, in a consultative vote, approved the financial year 2020 Remuneration Report.
The Annual General Meeting approved the Financial Statements for financial year 2020 as well as the proposal of the Board of Directors to distribute CHF 2.10 per registered share, payable from statutory capital reserves. The distribution will be paid from June 30th, 2021 onwards.
Detailed voting results and minutes of the AGM 2021 will be available in the coming days on Landis+Gyr’s investor website: www.landisgyr.com/investors/annual-general-meeting.
SVP Investor Relations & Corporate Communications
Phone +41 41 935 6396
Melissa van Anraad
Head of PR
Phone +41 41 935 63 98
Head of Investor Relations
Phone +41 41 935 6331
|Ex-Dividend Date||June 28th, 2021|
|Dividend Record Date||June 29th, 2021|
|Dividend Payment Date||June 30th, 2021|
|Publication of Half Year Results 2021 and Sustainability Report 2020/21||October 28th, 2021|
|Release of Results for Financial Year 2021||May 11th, 2022|
|Annual General Meeting 2022||June 24th, 2022|
Landis+Gyr is a leading global provider of integrated energy management solutions for the utility sector. Offering one of the broadest portfolios, we deliver innovative and flexible solutions to help utilities solve their complex challenges in Smart Metering, Grid Edge Intelligence and Smart Infrastructure. With sales of USD 1.4 billion in FY 2020, Landis+Gyr employs more than 5,000 people in over 30 countries across five continents, with the sole mission of helping the world manage energy better.