Zurich – The Annual General Meeting 2017 of Cembra Money Bank AG was held today in Zurich under the chairmanship of Felix Weber. 252 shareholders (including proxies) attended the meeting, representing 15,941,789 registered shares and 53.14 % of the issued share capital, respectively.
All current members of the Board of Directors were re-elected for a further one-year term of office: Felix Weber (Chairman), Peter Athanas, Urs Baumann, Denis Hall, Katrina Machin, Monica Mächler and Ben Tellings.
Shareholders approved an ordinary dividend of CHF 3.45 per share. As the ordinary dividend will be paid out of statutory capital contribution reserves, it will be exempt from Swiss withholding tax. Shareholders also approved the payment of an extraordinary dividend per share of CHF 1.00 to return excess capital. This extraordinary dividend will be paid from distributable profit and is subject to 35 % Swiss withholding tax. The total dividend of CHF 4.45 per share will be paid starting 3 May 2017.
The Annual General Meeting also voted in favour of all other agenda items including the consultative vote on the Compensation Report 2016, the Annual Report 2016 and amendments to the articles of associations. KPMG was re-elected as the independent auditor and Andreas G. Keller as the independent proxy.
Contacts |
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Media: | Andreas Werz; +41 44 439 8512; andreas.werz@cembra.ch |
Investor Relations: | Christian Waelti; +41 44 439 8572; christian.waelti@cembra.ch |
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Key dates |
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28 April 2017 | Ex-Dividend Date |
2 May 2017 | Dividend Record Date |
3 May 2017 25 July 2017 18 April 2018 | Dividend Payment Date Publication of half-year 2017 results and interim report Annual General Meeting 2018
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About Cembra Money Bank |
Cembra Money Bank AG is one of the leading Swiss providers of consumer finance products and services. Its product range includes personal loans, auto leases and loans, credit cards and insurance sold with those products as well as deposit and savings products.
Headquartered in Zurich-Altstetten, the Bank has operations across Switzerland via a network of 18 branches as well as alternative sales channels such as the Internet, credit card partners, independent agents and more than 3,400 car dealers.
Cembra Money Bank AG is an independent Swiss bank and has been listed on the SIX Swiss Exchange since October 2013. It has over 700 employees from more than 40 nations and about 750,000 customers.
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