2020 Annual General Meeting of Shareholders: shareholders approve all proposals – Dividend of CHF 0.75 per share | Spin-off of Ina Invest Holding Ltd. | New headquarters at Ambassador House in Opfikon
Dietlikon, 24 March 2020 – Implenia Ltd.’s Annual General Meeting of Shareholders, held on Tuesday without any shareholders physically being there, approved all the proposals made by the Board of Directors by an extremely large majority. Shareholders represented by the Independent Proxy (65.16% of shareholders) approved, among other things, the payment of an ordinary dividend of CHF 0.75 per share (previous year: CHF 0.50) by a majority of 99.53%.
The proposed extraordinary distribution of a dividend in kind in order to carry out the spin-off of Ina Invest Holding Ltd. was approved by a large majority of 96.55%. This means that Implenia can transfer half of its development portfolio, valued at market prices, to the newly created real estate company Ina Invest Ltd., in which Implenia remains invested as a significant minority shareholder with a stake of at least 40%. The transaction offers considerable potential to create value for Implenia and its shareholders and is a key element of Implenia's strategic development. According to the provisional timetable, Ina Invest Holding Ltd. should be listed on SIX Swiss Exchange in June. Implenia’s Board of Directors is closely monitoring current developments on the capital markets and will adjust this timetable if necessary.
Current Board Members Hans Ulrich Meister (Chairman), Kyrre Olaf Johansen, Henner Mahlstedt, Ines Pöschel, Laurent Vulliet, Martin A. Fischer and Barbara Lambert were all confirmed in their posts for a further term by a majority of over 98% - this excellent result underlines the confidence of the shareholders in the Board of Directors and the strategy of Implenia.
Finally, shareholders also approved the relocation of Implenia’s headquarters from Dietlikon to Opfikon ZH at the start of 2021. This will allow Implenia over the course of 2021 to concentrate its various office sites in the Zurich region into one new headquarters building, Ambassador House in Opfikon.
Contact for media:
T +41 58 474 74 77
Industriestrasse 24, 8305 Dietlikon, Phone +41 58 474 74 77, Fax +41 58 474 95 03, www.implenia.com