June 29, 2013 | Ad hoc announcement pursuant to Art. 53 LR
Annual General Meeting of Burckhardt Compression: All motions of the Board of Directors approved
At the Annual General Meeting of Burckhardt Compression Holding AG held at the Parkarena in Winterthur, the attending shareholders approved all motions of the Board of Directors. The dividend was set at CHF 9.00 per share (previous year CHF 7.00).
After the welcome address by Chairman Valentin Vogt and a review of the company’s 2012 fiscal year by CEO Marcel Pawlicek and CFO Rolf Brändli, the shareholders approved the annual report, the financial statements, the consolidated financial statements and the compensation report for the fiscal year 2012. They also approved the motion to pay a dividend of CHF 9.00 per share.
Further, the shareholders approved amendments to the Articles of Association regarding the renewal of authorized capital (Art. 3a of the Articles of Association) and amendments to specify the registration of Nominees in the Share Register (Art. 6 of the Articles of Association).
The current Board members Valentin Vogt and Hans Hess were reelected by the shareholders for a period of one year.
The shareholders approved a general release of the members of the Board of Directors and the Executive Board for fiscal year 2012. PricewaterhouseCoopers AG was confirmed as the statutory auditors for fiscal year 2013.
About Burckhardt Compression
Burckhardt Compression is one of the worldwide market leaders in the field of reciprocating compressors and the only manufacturer that covers a complete range of reciprocating compressor technologies. Its customized compressor systems are used in the upstream oil & gas, gas transport and storage, refinery, chemical, petrochemical and industrial gas sectors. Burckhardt Compression’s leading technology, high-quality compressor components and the full range of services help customers to minimize life cycle costs of their reciprocating compressor systems around the world. Since 1844 its highly skilled workforce has crafted superior solutions and set the benchmark in the gas compression industry.
Marcel Pawlicek, CEO
Tel.: +41 (0)52 262 55 00
Fax: +41 (0)52 262 00 51