- All proposals of the Board of Directors have been accepted by a vast majority
- All members of the Board of Directors have been re-elected
- An ordinary dividend of CHF 0.30 per bearer share will be paid out May 11th, 2010
Cheseaux, Switzerland – May 4th, 2010– The Annual General Meeting of Kudelski SA (SIX:KUD.S) was held today at Lausanne’s Palais de Beaulieu. All proposals of the Board of Directors were voted with strong majorities. 202 shareholders attended the Meeting or were represented, corresponding to 66 564 306 shares out of a total of 94 863 478 shares.
The shareholders approved the annual report, Kudelski SA’s financial statements and the Group’s 2009 consolidated accounts and profit allocation as well as the reports of the Group auditors. They also agreed to the release of the Board of Directors and the Executive Board for 2009.
Messrs Norbert Bucher, Laurent Dassault, Patrick Foetisch, André Kudelski (Chairman and Chief Executive Officer), Mrs Marguerite Kudelski and Messrs Pierre Lescure, Claude Smadja (Vice Chairman) and Alexandre Zeller were re-elected as members of the Board for a one-year term.
PricewaterhouseCoopers SA in Lausanne (Pully) was re-elected as the Group’s audit firm for a one-year period.
The proposal of the Board of Directors to renew for a period of two years the authorization to issue an authorized capital of a maximum of CHF 40’881’640 was also accepted. The other proposals regarding modifications of the Articles of Incorporation included in the Agenda of the Annual General Meeting were also accepted.
In his message to shareholders, Mr André Kudelski described the main features of 2009. In particular, he focused on the acquisition of OpenTV, now fully owned by Kudelski. This company is now fully integrated in the Group’s Digital TV activity. Additionally, 2009 was marked by the achievement of several strategic projects initiated earlier, including the migration to the service mode and the creation of a R&D center in China.
An ordinary dividend of CHF 0.30 per bearer shares and of CHF 0.03 per registered share will be paid on May 11th 2010 after deduction of the 35% withholding tax, upon presentation of coupon N 07.
The 2009 financial report PDF is available on:
Note to the editor
About the Kudelski Group
The Kudelski Group (SIX: KUD.S) is a world leader in digital security and convergent media solutions for the delivery of digital and interactive content. Its technologies are used in a wide range of services and applications requiring access control and rights management to secure the revenue of content owners and service providers for digital television and interactive applications across broadcast, broadband and mobile delivery networks. The Kudelski Group is also a world technology leader in the area of access control and management of people or vehicles to sites and events. It additionally offers professional recorders and high-end hi-fi products. The Kudelski Group is headquartered in Cheseaux-sur-Lausanne, Switzerland. For more information, please visit www.nagra.com.
(contact for investors and financial analysts)
Head of Investor Relations
+41 21 732 01 24
(contact for general interest media)
Head of Corporate Communications
+41 21 732 01 81