Annual General Meeting of Ringmetall AG held in Munich
Annual General Meeting of Ringmetall AG held in Munich - Current course of the company receives large shareholder approval - Agenda items largely unanimously adopted according to the Management's proposal
Munich, 29 August 2017 - Ringmetall AG (ISIN: DE0006001902), an internationally leading specialist in the packaging industry, today held its 20th Annual General Meeting in Munich. Of the company's capital of currently EUR 25,168,000.00, 65.67 percent were represented by the attending shareholders at the General Meeting.
After a welcome by the chairman of the meeting and chairman of the board, Thilo von Selchow, Christoph Petri, Spokesman of the Management Board, led through the 2016 financial year and gave an insight into the course of the current financial year 2017. "2016 was a year of transition for Ringmetall, in which we focused on the integration of our US subsidiary Self Industries, which we acquires end of 2015, and further optimized our internal processes, "Petri summarized. "In the current fiscal year, we have so far successfully implemented two minor acquisitions at attractive conditions. And we have already identified other attractive companies that would ideally fit into our Group and offer synergy potential."
In the context of the General Debate, the company management received broad approval from the attending shareholders for the current company course. All agenda items were voted on for the most part unanimously, according to the Management's proposal by the shareholders present. In detail, the individual agenda items were adopted with the following percentage of approval:
Agenda item 2 99.99 % Agenda item 3 100.0 % Agenda item 4 100.0 % Agenda item 5 99.99 %
Further information on the Ringmetall Group and its affiliated subsidiaries is available at www.ringmetall.de.
Ingo Middelmenne Investor Relations Ringmetall AG Phone: +49 (0) 89 45 220 98 12 Email: email@example.com
About Ringmetall Group
Ringmetall is an internationally leading specialist in the packaging industry. The Industrial Packaging business segment offers highly secure gasket and locking systems for the chemical, the petrochemical and the pharmaceutical industry as well as the food industry. The Industrial Handling business segment develops application-optimized vehicle accessory parts for the handling and transport of packaging units. Besides its headquarters in Munich, Ringmetall has worldwide production and sales subsidiaries in Germany, Great Britain, Spain, Italy, Turkey, the Netherlands, as well as in China and the USA. On a global scale, Ringmetall generates revenues of around EUR 100 million per year.Contact: Ingo Middelmenne Head of Investor Relations Ringmetall AG +49 89 45 22 098 - 12 firstname.lastname@example.org
29.08.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English
Company: Ringmetall Aktiengesellschaft Mannhardtstr. 6 80538 München
Germany Phone: 089 / 45 22 098 - 0 Fax: 089 / 45 22 098 - 22 E-mail: email@example.com Internet: www.ringmetall.de ISIN: DE0006001902 WKN: 600190 Listed: Regulated Unofficial Market in Berlin, Tradegate Exchange; Open Market (Scale) in Frankfurt End of News DGAP News Service