Imtech publishes agenda for Annual General Meeting of Shareholders 22 May 2014
The shareholders of Royal Imtech N.V. ("Imtech") are invited to attend the annual general meeting of shareholders, to be held at 10.00 hours on Thursday 22 May 2014 in De Doelen, Willem Burger Zaal entrance, Kruisplein 40, 3012 CC Rotterdam, the Netherlands.
Next to customary items on the agenda such as the adoption of the 2013 Annual Accounts, the authorisation of the Board of Management to limit or exclude pre-emptive rights, to acquire shares in the capital of the company and the cancellation of shares, the following is proposed:
· Amendment Articles of Association. At 18 March, Imtech announced to enter the next phase of its operational and financial recovery. Imtech concluded that a further significant debt reduction is required. To realise this debt reduction, Imtech is reviewing all options. Amongst others the company needs maximum flexibility to potentially strengthen its capital. Therefore shareholders are requested at the Annual General Meeting to provide this flexibility through a reduction of the nominal value of each share (agenda item 3);
· Authorisation of the Board of Management to decide to grant the right to subscribe for ordinary shares up to 10% in order to provide the company flexibility to meet its obligations with its main financiers (agenda item 4);
· Composition of the Supervisory Board; as previously announced the Supervisory Board nominates Mr B. van der Veer, Mrs M.E. van Lier Lels and Mr J.J. Beeton for appointment as supervisory directors (agenda item 7).
The information for shareholders regarding the attendance of the meeting and notification and registration for the meeting are attached to this press release.
The full agenda with explanatory notes is attached to this press release. The agenda, the 2013 Annual Report and the proposal for the amendment of the articles of association (including explanation) may be viewed and downloaded via www.imtech.com and will be available for examination at the Company's office, Kampenringweg 45a, 2803 PE Gouda. Copies of these documents may be obtained free of charge at this address and also at ABN AMRO (tel. +31 (0) 20 344 2000), Gustav Mahlerlaan 10 (HQ7050) Postbus 283, 1000 EA Amsterdam, The Netherlands.
Royal Imtech N.V. is a European technical services provider in the fields of electrical solutions, ICT and mechanical solutions. With approximately 26,000 employees, Imtech is active attractive positions in the buildings and industry markets in the Netherlands, Belgium, Luxembourg, Germany, Austria, Eastern Europe, Sweden, Norway, Finland, the UK, Ireland and Spain, the European markets of ICT and Traffic as well as in the global marine market. In total Imtech serves 24,000 customers. Imtech offers integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for customers and the customers they, in their turn, serve. Imtech also offers solutions that contribute towards a sustainable society - for example, in the areas of energy, the environment, water and traffic. Imtech shares are listed on the NYSE Euronext Amsterdam.