UK Markets closed
  • FTSE 100

    7,027.58
    +59.28 (+0.85%)
     
  • FTSE 250

    22,883.39
    +206.11 (+0.91%)
     
  • AIM

    1,232.54
    +4.45 (+0.36%)
     
  • GBP/EUR

    1.1675
    -0.0013 (-0.11%)
     
  • GBP/USD

    1.3754
    -0.0013 (-0.0977%)
     
  • BTC-GBP

    24,609.44
    +997.10 (+4.22%)
     
  • CMC Crypto 200

    786.33
    -7.40 (-0.93%)
     
  • S&P 500

    4,411.79
    +44.31 (+1.01%)
     
  • DOW

    35,061.55
    +238.20 (+0.68%)
     
  • CRUDE OIL

    72.17
    +0.26 (+0.36%)
     
  • GOLD FUTURES

    1,802.10
    -3.30 (-0.18%)
     
  • NIKKEI 225

    27,548.00
    +159.80 (+0.58%)
     
  • HANG SENG

    27,321.98
    -401.86 (-1.45%)
     
  • DAX

    15,669.29
    +154.75 (+1.00%)
     
  • CAC 40

    6,568.82
    +87.23 (+1.35%)
     

LEM shareholders approve all AGM resolutions

·4-min read

LEM HOLDING SA / Key word(s): Miscellaneous

25-Jun-2021 / 07:01 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

Geneva, Switzerland, 25 June 2021 - LEM (SIX: LEHN), a leading global company in electrical measurement for industry and automotive applications, announces that all resolutions were approved by shareholders at yesterday's Annual General Meeting held at LEM headquarters in Geneva. The gross dividend of CHF 42.00 per share will be paid on 6 July 2021.

Based on Article 27 of the Ordinance 3 of the Swiss Federal Council of 19 June 2020 on Measures to Combat the Coronavirus, the Board of Directors held the Annual General Meeting without the attendance of shareholders. Consequently, shareholders had to exercise their voting rights by instructing the Independent Representative.

Shareholders owning a total of 906,121 shares, representing 79.48% of the share capital, cast their vote. A strong majority followed the Board of Directors' recommendations and approved all the resolutions, the main ones being:

The minutes of the AGM will be published on LEM's website as soon as they are available.

Andreas Hürlimann, Chairman, said: 'At LEM we cope with the ongoing pandemic better than we could have foreseen. The company benefits from the global diversity of its business across sectors and regions, with recognized heritage and market leadership, a steady flow of orders, robust margins, a strong balance sheet and healthy cash flow. Our fundamental business drivers and the mega trends of energy efficiency, mobility and automation, in combination with our long-term strategy, will create sustainable value for all stakeholders.

On behalf of the entire Board of Directors and the Executive Management, I thank shareholders for the confidence they have placed in us. Special thanks go to our employees worldwide for their expertise, reliability and innovative solutions. We are very proud of how our teams have responded to the Covid-19 pandemic, using their resilience and agility to keep delivering products and projects on time. I would also like to extend our gratitude to our customers, suppliers and business partners for their continued trust and wish you all good health.'

Financial calendar

The financial year runs from 1 April to 31 March

1 July 2021

Dividend ex-date

6 July 2021

28 July 2021

Dividend payment date

First-quarter results 2021/22

8 November 2021

Half-year results 2021/22

4 February 2022

Third-quarter results 2021/22

24 May 2022

30 June 2022

5 July 2022

7 July 2022

Full-year results 2021/22

Annual General Meeting of Shareholders for the financial year 2021/22

Dividend ex-date

Dividend payment date

LEM - Life Energy Motion

A leading company in electrical measurement, LEM engineers the best solutions for energy and mobility, ensuring that our customers' systems are optimized, reliable and safe.

Our 1,500 people in over 15 countries transform technology potential into powerful answers. We develop and recruit the best global talent, working at the forefront of mega trends such as renewable energy, mobility, automation and digitization.

With innovative electrical solutions, we are helping our customers and society accelerate the transition to a sustainable future.

Listed on the SIX Swiss Exchange since 1986, the company's ticker symbol is LEHN.

www.lem.com

Contact: Investment community

Andrea Borla, Chief Financial Officer

Phone: +41 22 706 1250

Email: investor@lem.com

Contact: Media

Cabinet Privé de Conseils s.a. (CPC)

Nick Miles, miles@cpc-pr.com, mobile +41 79 678 76 26

Michael Füglister, fuglister@cpc-pr.com, mobile +41 78 839 07 62

ATTACHMENTS:

Press Release (pdf)

If you do not wish to receive further media releases from LEM, you can unsubscribe at any time by clicking on the following link: One-click-delete

If the email looks unformatted, please use this alternative link.


End of ad hoc announcement

Language:

English

Company:

LEM HOLDING SA

CHEMIN DES AULX 8

1228 PLAN-LES-OUATES

Switzerland

Phone:

+41 (0)22 706 11 11

Fax:

+41 (0)22 794 94 78

E-mail:

panda_gva@lem.com

Internet:

www.lem.com

ISIN:

CH0022427626

Listed:

SIX Swiss Exchange

EQS News ID:

1211912


 

End of Announcement

EQS Group News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting