VZ HOLDING AG (FRA:CH002820) EQS-Adhoc: VZ Holding AG: VZ shareholders approve of Board of Directors' motions

Directive transparence : information réglementée

10/04/2018 17:35

EQS Group-Ad-hoc: VZ Holding AG / Key word(s): AGM/EGM
VZ Holding AG: VZ shareholders approve of Board of Directors' motions

10-Apr-2018 / 17:35 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

Press release

Source: VZ Holding AG / SIX: VZN / ISIN: CH0028200837

VZ shareholders approve of Board of Directors' motions

Zurich, 10 April 2018 - VZ Holding's shareholders approved all of the Board of
Directors' motions at the annual general meeting of shareholders held today.

The shareholders approved of the annual report, VZ Holding Ltd's financial statements and the consolidated financial statements for the 2017 business year and discharged the Board of Directors and the Executive Board. A dividend of CHF 4.35 per registered share will be paid out on 16 April 2018.

Fred Kindle, Roland Iff, Dr. Albrecht Langhart, Roland Ledergerber and Olivier de Perregaux have been re-elected as members of the Board of Directors for another twelve-month term. Within the board, Fred Kindle has been re-elected as Chairman. Fred Kindle and Roland Ledergerber will continue to serve on the compensation committee. As recommended by the Board of Directors, the shareholders elected Andreas G. Keller as independent proxy and PricewaterhouseCoopers as VZ Group's auditors.

Furthermore, the shareholders approved of the Board of Directors' remuneration for the 2018/19 term, the Executive Board's fixed basic salary for the 2018 business year and a performance-related remuneration for the 2017 business year.

Adriano Pavone 
Head Media Communications 
Phone +41 44 207 25 22 

Petra Märk
Head Investor Relations
Phone +41 44 207 26 32
E-mail: petra.maerk@vzch.com

VZ Group
VZ Group is an independent Swiss financial service company listed on the SIX Swiss Exchange. Pension and estate planning as well as asset management for individuals and insurance and pension fund management for companies are VZ Group's core services. VZ Holding is headquartered in Zurich, and VZ has 30 branch offices throughout Switzerland and Germany.

Forward-looking statements
This press release contains forward-looking statements that involve known and unknown risks, uncertainties or other factors that may cause the actual results to be materially different from any future results, performance, or achievements expressed or implied by such statements. Against the background of these uncertainties, readers should not rely on such forward-looking statements. The company assumes no responsibility to up-date forward-looking statements or to adapt them to future events or developments.

Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=BXTTWHWOIE
Document title: Pressrelease_100418

End of ad hoc announcement
Language: English
Company: VZ Holding AG
Beethovenstrasse 24
8002 Zurich
Phone: +41 44 207 27 27
Fax: +41 44 207 27 28
E-mail: ir@vzch.com
Internet: www.vzch.com
ISIN: CH0028200837
Listed: SIX Swiss Exchange

End of Announcement EQS Group News Service

672491  10-Apr-2018 CET/CEST