Ascom General Meeting: All proposals submitted by the Board of Directors approved
The Annual General Meeting of Shareholders of Ascom Holding AG, which was held on 18 April 2012 in Berne, Switzerland, was attended by 166 shareholders representing 17’140’722 votes or approximately 47.6% of the share capital.
The General Meeting approved the proposal of the Board of Directors to pay out an amount of CHF 0.25 per share out of reserves from capital contribution for the fiscal year 2011, corresponding to a pay-out ratio of 39%.
The General Meeting further approved all other proposals submitted by the Board of Directors and granted discharge to the Board of Directors. The five existing members of the Board, Juhani Anttila, Dr J.T. Bergqvist, Kenth-Ake Jönsson, Paul E. Otth and Andreas Umbach were re-elected as members of the Board of Directors for another term of office of one year by a large majority of the votes represented. The Board of Directors has confirmed Juhani Anttila as Chairman of the Board.
Ascom is an international solutions provider with comprehensive know-how in healthcare workflows and telecommunications. The company is active in Wireless Solutions (an international market leader for high-value, customer-specific on-site communication solutions and workflow optimization) and Network Testing (a global market leader in testing, monitoring, post processing, and performance optimization for mobile networks). The Ascom Group is headquartered in Switzerland, has subsidiaries in 19 countries and employs around 1,700 people worldwide. Ascom registered shares (ASCN) are listed on the SIX Swiss Exchange in Zurich.
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