DGAP-News A.S. Création Tapeten AG: Annual General Meeting of Shareholders approves dividend of € 0.90 per share for 2020. New Supervisory Board Chairman elected. Q1 2021 in line with expectations
DGAP-News: A.S. Création Tapeten AG / Key word(s): AGM/EGM/Quarter Results
A.S. Création Tapeten AG, Gummersbach
Annual General Meeting of Shareholders approves dividend of € 0.90 per share for 2020. New Supervisory Board Chairman elected. Q1 2021 in line with expectations
Due to the contact restrictions imposed in the context of the coronavirus crisis, today's Annual General Meeting of Shareholders of A.S. Création Tapeten AG, Europe's leading wallpaper manufacturer, was held as a virtual meeting without the physical presence of shareholders.
In view of the positive earnings performance in 2020, it was decided to distribute a dividend of € 0.90 per share for the past fiscal year. The Chairman of the Supervisory Board, Mr Jochen Müller, thanked all employees of A.S. Création for their great commitment in the past fiscal year. The acts of the Managing Board and the Supervisory Board were ratified by a large majority of the shareholders.
Changes on the Supervisory Board
The regular election of the Supervisory Board members resulted in some changes. Ms Benner-Heinacher, who had been a member of the Supervisory Board since 1998, did not run for re-election. The Chairman of the Supervisory Board thanked Ms Benner-Heinacher for the important impulses she had contributed to the development of A.S. Création over the past 23 years. Mr Jörn Kämper, the former Chairman of the Managing Board of A.S. Création, was elected to the Supervisory Board as the new shareholder representative by a large majority of the shareholders attending the Annual General Meeting of Shareholders. Dr Hues, Mr Müller and Dr Zilkens were also re-elected as shareholder representatives by a large majority at the Annual General Meeting of Shareholders. The employees had elected Ms Tauscher and Mr Wegner as their representatives on the Supervisory Board already prior to the Annual General Meeting of Shareholders. This also led to changes in the employee representatives, as the two long-serving employee representatives, Mr Mourschinetz and Mr Schmuck, did not run for re-election. At the constituent meeting of the Supervisory Board following the Annual General Meeting of Shareholders, the Supervisory Board elected Mr Kämper as Chairman and Mr Müller as his Vice Chairman.