ForFarmers N.V.: Resolutions Annual General Meeting of Shareholders ForFarmers N.V.; Jan van Nieuwenhuizen new chairman of th...
April 23 2021 - 7:07AM
ForFarmers N.V.: Resolutions Annual General Meeting of Shareholders
ForFarmers N.V.; Jan van Nieuwenhuizen new chairman of the
Supervisory Board
Lochem, 23 April 2021
Resolutions Annual General Meeting of Shareholders
ForFarmers N.V.;Jan van
Nieuwenhuizen new chairman of the
Supervisory Board
During the Annual General Meeting of Shareholders of
ForFarmers N.V. (hereafter: the ‘General Meeting’ and ‘ForFarmers’
respectively), which was held today and
which was available for participation
by audio webcast, the
shareholders adopted the ForFarmers annual
accounts over the 2020 financial
year and approved the dividend proposal
for the same financial year. Dividend of €0.29 per
ordinary share will be paid entirely in cash to the shareholders of
ForFarmers, after deducting 15% dividend tax. The ex-dividend date
is 27 April 2021 and payment will take place on 7 May
2021.Other resolutions
- An advisory vote was cast in favour of the 2020 remuneration
report (83.4% in favour).
- All members of the Executive Board have been discharged from
performing their duties during the financial year 2020.
- All members of the Supervisory Board have been discharged from
performing their duties during the financial year 2020.
- KPMG Accountants N.V. has been appointed as auditor of
ForFarmers for auditing the 2021 financial statements and board
report.
- The remuneration policy for the Supervisory Board has been
adopted, effective as of the financial year 2021.
- Mr J.L. van Nieuwenhuizen has been appointed as member of the
Supervisory Board.
- The Executive Board has been designated as the authorized body,
upon approval of the Supervisory Board, to issue ordinary shares
and grant rights to subscribe for ordinary shares with a limitation
up to 10% of the issued ordinary shares for the duration of 18
months.
- The Executive Board has been designated as the authorized body,
upon approval of the Supervisory Board, to restrict or exclude the
pre-emptive right of shareholders for the duration of 18
months.
- The Executive Board has been authorised, upon approval of the
Supervisory Board, to have ForFarmers acquire (other than without
consideration) shares in its own share capital (irrespective of the
type) up to a maximum of 10% of the issued share capital of
ForFarmers (determined at the time of the General Meeting). This
authorization to acquire own shares enables the Executive Board to
execute employee participation plans 2021 (cf. the employee
participation plan 2020 involved 197,266 shares).
Start date share
buy-back programme for the employee
participation plans 2020Following the General Meeting, the
Executive Board, upon approval of the Supervisory Board, decided to
start, as of 28 April 2021, with the share buy-back programme for
the employee participation plans 2021. The progress of this
purchase programme will be disclosed weekly by means of a press
release.
Jan van Nieuwenhuizen
new chairman of the Supervisory Board of
ForFarmers Following the resolution of the AGM to appoint
Jan van Nieuwenhuizen to the Supervisory Board, Coöperatie
FromFarmers U.A. has, in its capacity as priorty shareholder*,
appointed Mr Jan van Nieuwenhuizen as new chairman of the
Supervisory Board of ForFarmers, succeeding Mr Cees de Jong who has
stepped down at the end of the AGM.
This press release contains information which qualifies as
inside information within the meaning of Article 7, paragraph 1 of
the EU Market Abuse Regulation.
(*) Coöperatie FromFarmers holds the priority share of
ForFarmers as long as it can exercise the voting right and / or
give voting instructions on the reference date of 1 January of each
year for at least 20% of the total votes to be cast on ordinary
shares. If this percentage is above 50%, Coöperatie FromFarmers
also has the right, among other things, to appoint a supervisory
board member as chairman after consultation with the Supervisory
Board.
Note to the editor / For additional
information:Caroline Vogelzang, Director Investor
Relations T: 0031 573 288 194 M: 0031 6 10 94 91 61E:
caroline.vogelzang@forfarmers.eu
Company profileForFarmers N.V. (‘ForFarmers’,
Lochem, the Netherlands) is an internationally operating feed
company that offers total feed solutions for conventional and
organic livestock farming. ForFarmers gives its very best
“For the Future of Farming”: for the continuity of
farming and for a financially secure sector that will continue to
serve society for generations to come in a sustainable way. By
working side-by-side with farmers ForFarmers delivers real
benefits: better returns, healthier livestock and greater
efficiency. This is achieved by offering tailored and Total Feed
solutions and a targeted approach with specialist and expert
support.
With sales of around 10 million tonnes of feed, ForFarmers is
market leader in Europe. ForFarmers has approximately 2,500
employees and is active in the Netherlands, Belgium, Germany,
Poland and the United Kingdom. In 2020, revenues amounted to
approximately €2.4 billion. ForFarmers N.V. is listed at Euronext
Amsterdam.
ForFarmers N.V., Postbus 91, 7240 AB Lochem, T: +31 (0)573 28 88
00, F: +31 (0)573 28 88 99info@forfarmers.eu,
www.forfarmersgroup.eu/en.
FORWARD-LOOKING STATEMENTSThis press release
contains forward-looking statements, including those relating to
ForFarmers legal obligations in terms of capital and liquidity
positions in certain specified scenarios. In addition,
forward-looking statements, without limitation, may include such
phrases as “intends to”, "expects“, “takes into account”, "is aimed
at“, ''plans to”, "estimated" and words with a similar meaning.
These statements pertain to or may affect matters in the future,
such as ForFarmers future financial results, business plans and
current strategies. Forward-looking statements are subject to a
number of risks and uncertainties, which may mean that there could
be material differences between actual results and performance and
expected future results or performances that are implicitly or
explicitly included in the forward-looking statements. Factors that
may result in variations on the current expectations or may
contribute to the same include but are not limited to: developments
in legislation, technology, jurisprudence and regulations, share
price fluctuations, legal procedures, investigations by regulatory
bodies, the competitive landscape and general economic conditions.
These and other factors, risks and uncertainties that may affect
any forward-looking statements or the actual results of ForFarmers,
are discussed in the last published annual report. The
forward-looking statements in this press release are only
statements as of the date of this document and ForFarmers accepts
no obligation or responsibility with respect to any changes made to
the forward-looking statements contained in this document,
regardless of whether these pertain to new information, future
events or otherwise, unless ForFarmers is legally obliged to do
so.
Forfarmers NV (EU:FFARM)
Historical Stock Chart
From Jun 2024 to Jul 2024
Forfarmers NV (EU:FFARM)
Historical Stock Chart
From Jul 2023 to Jul 2024