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ERGO Insurance Group AGM appoints new Supervisory Board
Prof. Nadine Gatzert, Insurance Industry Professor at the University of Erlangen-Nuremberg, and Dr. Theodor Weimer, Board Spokesman for UniCredit Bank AG, were newly appointed to the Supervisory Board. The close of today's Annual General Meeting marked the end of the terms of the previous Supervisory Board members Prof. Theo Siegert and Prof. Beatrice Weder di Mauro.
The meeting also resolved to transfer shares from ERGO Versicherungsgruppe AG minority shareholders to Münchener Rückversicherungs-Gesellschaft (squeeze out) in return for a cash payment of €97.72 per nopar share.
In addition, the Annual General Meeting for the 2009 financial year resolved a dividend payout of €0.60 (last year: 0.00) per share. This amounts to a total dividend sum of around €45.3 million.
Detailed information on the Annual General Meeting of 12 May 2010 and voting results on the individual agenda items can be found at www.ergo.com.
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