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- General Meeting approves all motions proposed by the Board of Directors
April 6, 2011
General Meeting approves all motions proposed by the Board of Directors
Mobimo Holding AG / Key word(s): AGM/EGM 06.04.2011 20:39 Release of an ad hoc announcement pursuant to Art. 72 KR --------------------------------------------------------------------------- M e d i a R e l e a s e General Meeting approves all motions proposed by the Board of Directors Lucerne, 6 April 2011 - The 11th Annual General Meeting of Mobimo Holding AG took place today in Lucerne. 245 shareholders were in attendance, and a total of 40% of the share capital with voting rights was represented. All motions proposed by the Board of Directors were approved by a clear majority. In particular, the shareholders agreed to the increase in authorised capital through the issue of one million registered shares at a nominal value of CHF 29, and to the distribution of CHF 9 per registered share. The new compensation system, which had been voted on in a consultation process, was also approved by the shareholders. Members of the Board of Directors who stood for re-election were all confirmed in their posts for a further year. Paul Schnetzer (1941) did not stand for re-election for age-related reasons. The 12th Annual General Meeting of Mobimo Holding AG will be held on 18 April 2012 in Lausanne. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: About Mobimo Mobimo Holding AG was established in Lucerne in 1999 and has been listed on the SIX Swiss Exchange since 2005. The Mobimo Group has an attractive portfolio mix of investment properties providing stable income and development properties offering extensive value enhancement potential. Investments are targeted mainly in the promising locations of Zurich and Lausanne/Geneva and in the economic regions of Basel, Lucerne/Zug, Aarau and St. Gall. With a property portfolio that has an overall value of over CHF 2.0 billion, Mobimo is one of the leading real estate companies in Switzerland. The portfolio contains development properties with an investment volume of more than CHF 1 billion up to 2015 (as at 31 December 2010). For enquiries please contact: Mobimo Holding AG Dr. Christoph Caviezel, CEO Manuel Itten, CFO +41 44 397 11 86 ir@mobimo.ch 06.04.2011 News transmitted by EquityStory AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news ---------------------------------------------------------------------------