Compagnie de Saint-Gobain held its Combined Ordinary and Extraordinary Shareholders“ Meeting in Paris, France, on 4 June 2009, during which shareholders present or represented at the meeting together…
Compagnie de Saint-Gobain held its Combined Ordinary and Extraordinary Shareholders“ Meeting in Paris, France, on 4 June 2009, during which shareholders present or represented at the meeting together accounted for 63.46% of the outstanding shares. All resolutions were adopted (by a significant majority). Gerhard Cromme, Jean-Martin Folz, Michel Pebereau and Jean-Cyril Spinetta were all re-elected to the Board, while Gilles Schnepp was elected as a director to replace Gianpaolo Caccini, as per the agreement with Wendel dated 20 March 2008 under which Wendel has a third seat on the Board as from the 2009 Annual Shareholders“ Meeting. Shareholders also ratified the appointment of Frederic Lemoine as director, decided by the Board to replace Jean-Bernard Lafonta. During the Meeting, a dividend payment of EUR 1 per share and the option to receive the dividend in cash or in stock, was approved. Shareholders who choose the stock dividend alternative have between 10 June and the close of business on 24 June 2009 to notify their financial intermediary. The issue price of the new shares allotted in payment of the dividend was fixed at EUR 22.83, applying the maximum discount of 10%.