A long-term investor
Wendel is a hands-on investor and shareholder that assists sector-leading companies in their long-term development. Wendel's business model combines the entrepreneurial passion born of a long family tradition with a culture of performance and accountability.
General meeting 2012
Wendel’s Combined Shareholders’ Meeting was held on 4 June 2012 under the chairmanship of Ernest-Antoine Seillière, Chairman of the Supervisory Board
Quorum was established at 65.78% of shares, i.e 31,703,293 shares and 53,205,805 voting shares
- 399 shareholders attended the General Meeting, representing 18,340,707 shares and 36,414,303 voting shares
- 40 were represented, representing 673,009 shares and 1,275,791 voting shares
- 783 voted by post, representing 9,086,923 shares and 9,529,280 voting shares
- 2,153 shareholders, representing 3,602,654 shares and 5,986,431 voting shares, gave their proxy to the Chairman.
The 19 draft resolutions subjected to a shareholders’ vote were adopted.
This meeting notably approved a cash dividend of €1.30 per share, 4% more than on 2010 earnings, plus one Legrand share for every 50 Wendel shares held. Shareholders who do not hold a multiple of 50 shares will receive a supplementary cash payment.
The ex-dividend date has been set at June 7, 2012, and the dividend will be paid on June 12, 2012.
Documentation of the 2012 Annual General Meeting:
- Press Release: WENDEL: NAV AT €93.6 PER SHARE DESPITE A DIFFICULT ENVIRONMENT OVER THE LAST 12 MONTHS
- Webcast (in French)
- Slides (in French)
- Notice of meeting
- Vote-by-proxy and vote-by-post (Please note that any notation or change other than to your address will render your voting form null and void)
- 2011 management report
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