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Symrise Sets Date for Virtual 2020 AGM

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Symrise has announced the previously postponed 2020 Annual General Meeting will now take place virtually on June 17, 2020, at 11 am CET.

Due to the ongoing coronavirus pandemic, Symrise is making use of a new legal regulation and holding a purely online Annual General Meeting without the physical presence of shareholders. The virtual Annual General Meeting (AGM) is now scheduled for June 17, 2020, starting at 11 am CET. Shareholders should be able to exercise their rights without delay

Previously: Revlon, Symrise Team Up Agains COVID-19, Produce Hand Sanitizer.

"The legislator has made it possible for general meetings to be held as virtual events under certain circumstances. This takes into account the health protection of shareholders, guests, employees and supporting service providers," said CEO Dr Heinz-Jürgen Bertram. "The timely holding of the Annual General Meeting is very important to us, which is why we have decided to hold a virtual Annual General Meeting for the first time in this extraordinary situation."

Previously: Symrise Join KitchenTown Berlin to Accelerate Startups' Market Entrance.

Symrise announced the postponement of its AGM, which was originally scheduled for May 6, 2020, already on March 19, 2020. The continuing uncertainties with regard to the COVID-19 pandemic may have meant that shareholders could have had to wait months before exercising their rights to submit questions and vote.

It is very important to Symrise to pay out the proposed dividend of 95 € cents per share with the approval of the AGM. The dividend is to be paid out on June 22, 2020. The Company is proposing an increase in the dividend for the 11th consecutive year. Symrise wants its stock to remain the dependable investment its shareholders have come to expect.

The invitation to the online AGM was issued May 6, 2020, within the notice period required under the new legal regulation. The entire event will be streamed for registered shareholders on a website created for that purpose. Shareholders who register in time for the AGM will be able to cast their votes electronically or by proxy.