Shareholders at Extraordinary General Meeting approves domination and profit and loss transfer agreement as well as change of company name and new appointments to Supervisory Board
At the Extraordinary General Meeting (EGM) held in Paderborn on September 26, 2016, the shareholders of Wincor Nixdorf AG approved, with the requisite majorities, the conclusion of a domination and profit and loss transfer agreement with Diebold Holding Germany Inc. & Co. KG, the change of the company name to Diebold Nixdorf Aktiengesellschaft, and all other items on the agenda. The cash compensation under the terms of the approved domination and profit and loss transfer agreement amounts to €55.02 per Wincor Nixdorf AG share. The fixed recurring payment is €3.13 gross and €2.82 net per Wincor Nixdorf AG share.
The EGM was attended by 100 people in total. Overall, 24,722,805 shares constituting 74.876 percent of the company's entire issued share capital (corresponding to around 83 percent of the share capital with voting rights) were represented at the meeting for the purpose of passing the aforementioned resolutions. This also included majority shareholder Diebold with a total of 22,876,760 shares, which corresponds to around 76.7 percent of the share capital furnished with voting rights. The outcome of voting with regard to the various items on the agenda can be accessed on the corporate website of Wincor Nixdorf (Investor Relations>General Meeting).
In addition, the company announced changes to the Supervisory Board as regards its shareholder representatives: Effective from the end of September 30, 2016, Ms. Zvezdana Seeger, Prof. Dr. Achim Bachem, and Mr. Hans-Ulrich Holdenried will step down from the Supervisory Board of Wincor Nixdorf. Mr. Andreas Mattes, Chief Executive Officer at Diebold, Mr. Christopher Chapman, Chief Financial Officer at Diebold, and Ms Elisabeth Radigan, Chief Ethics & Compliance Officer at Diebold, were appointed to the Supervisory Board as new shareholder representatives effective from October 1, 2016.