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Shareholders approve all proposals

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Feintool International Holding AG
Feintool International Holding AG

Ad hoc announcement pursuant to section 53 of the Listing Rules

This press release or the information contained therein is not being issued and may not be distributed in the United States of America, Canada, Australia or Japan and does not constitute an offer of securities for sale in such countries.

Shareholders approve all proposals

The shareholders of Feintool International Holding AG approved all proposals listed at the Annual General Meeting of Shareholders on 28 April 2022.

At the Annual General Meeting of Feintool International Holding AG on 28 April 2022, the shareholders gave the nod to the annual report and annual financial statements for 2021. The dividend payment of CHF 1 per share was also approved.

All Board of Directors members standing for re-election, namely Alexander von Witzleben, Christian Mäder, Dr. Marcus Bollig, Norbert Indlekofer and Heinz Loosli, were confirmed in their positions.

At the Annual General Meeting, the shareholders further resolved to implement the proposed ordinary capital increase in the amount of approximately CHF 202 million and mandated the Board of Directors to carry it out. For the key figures of the capital increase, please refer to this morning's press release.

Short profile

Feintool is an internationally active technology and market leader in fineblanking, forming and electrolamination stamping for processing steel sheets. Cost-effectiveness, superior quality and productivity characterize these technologies.
As an innovation driver, Feintool constantly pushes the boundaries of these technologies and develops intelligent solutions to meet its customers’ requirements: On the one hand, high-performance fineblanking systems with innovative tools and state-of-the-art manufacturing processes, and on the other, complete processes for precise fineblanking, forming and stamped electrical sheet components in high volumes for demanding automotive and industrial applications.
These processes support the trends in the automotive industry. Feintool acts as a project and development partner in the areas of lightweight construction/sustainability, module variations/platforms and alternative drive concepts such as hybrid and electric drives.

Founded in 1959 and headquartered in Lyss, Switzerland, the Group runs its 19 production plants and technology centers in Europe, the United States, China and Japan, ensuring close proximity to its customers. Around the globe, about 3 500 employees and 100 apprentices are at work on new solutions to create key advantages for Feintool customers.

Disclaimer

This publication does not constitute an offer to sell or a solicitation to buy securities of the Company and it does not constitute a prospectus or a similar notice within the meaning of articles 35 et seqq. or 69 of the Swiss Financial Services Act.

The offer and listing will be made solely by means of, and on the basis of, a prospectus which is to be approved by the competent review body and published. An investment decision regarding the publicly offered securities of the Company should only be made on the basis of the prospectus. The prospectus is expected to be published on 29 April 2022 and will be available free of charge on the Company's website.

This publication or the information contained therein is not being issued and may not be distributed in the United States of America, Canada, Australia, Japan or any other jurisdiction in which the distribution or release would be unlawful or require registration or any other measure and does not constitute an offer of securities for sale in such countries.

This communication is being distributed only to, and is directed only at (i) persons outside the United Kingdom, (ii) persons who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as "Relevant Persons"). Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Any person who is not a Relevant Person must not act or rely on this communication or any of its contents.

This communication does not constitute an "offer of securities to the public" within the meaning of Regulation 2017/1129 of the European Union (the "Prospectus Regulation") of the securities referred to in it (the "Securities") in any member state of the European Economic Area (the "EEA") or the Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (the "UK Prospectus Regulation"). Any offers of the Securities to persons in the EEA will be made pursuant to an exemption under the Prospectus Regulation, as implemented in member states of the EEA, from the requirement to produce a prospectus for offers of the Securities.

The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States or to US persons (as such term is defined in Regulation S under the Securities Act) unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. The issuer of the securities has not registered, and does not intend to register, any portion of the offering in the United States, and does not intend to conduct a public offering of securities in the United States.

This communication is not for distribution in the United States, Canada, Australia or Japan. This communication does not constitute an offer to sell, or the solicitation of an offer to buy, securities in any jurisdiction in which is unlawful to do so.

Feintool International Holding AG
Industriering 8
3250 Lyss
Switzerland

Media spokesperson

Karin Labhart
Phone +41 32 387 51 57
Mobile +41 79 609 22 02
karin.labhart@feintool.com
www.feintool.com

The press release can be downloaded from the following link:
Press Release (PDF)


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