Distribution of CHF 14.00 per registered share and increase of conditional capital
Bad Ragaz/Switzerland, March 26, 2012: The Board of Directors proposes to distribute CHF 14.00 per registered share out of reserves from capital contributions. This distribution is exempt from withholding tax.
In addition, the Board proposes to increase the existing conditional capital from CHF 818,160.- to CHF 1,300,000.- in order to cover the needs for subscription rights and options to purchase INFICON shares granted to employees and members of the Board of Directors.Changes in the Board of Directors
Gustav Wirz, Chairman of the Board of Directors of INFICON Holding AG, and Paul Otth, Vice Chairman of the Board of Directors, will not be available for re-election at the upcoming Annual General meeting of April 26, 2012. The Board of Directors regrets the decision of the two gentle-men and would like to thank Mr. Wirz for his excellent work and commitment as member of the Board of Directors since 2004 and as Chairman since 2005, and Mr. Otth for serving on the Board of Directors since the formation of this body in the year 2000 as member and Vice Chairman.
The Board of Directors proposes to elect Vanessa Frey and Dr. Beat E. Lüthi as new members of the Board of Directors.
Vanessa Frey is a Swiss citizen, born in 1980. She completed her undergraduate studies in business administration and law at the University of St. Gallen and concluded her studies with a master of science in International Economics and Business with a special focus on Finance at the Stockholm School of Economics, Sweden. From 2004 until 2006, Ms. Frey worked in the Corporate Finance Team of Handelsbanken Capital Markets in Stockholm, Sweden, and after that as as-set manager in Hong Kong. She is CEO and member of the Board of Directors of Corisol Holding AG, Zug, since 2007. Ms. Frey serves on the Boards of Directors of Absolut Invest, Zug, and KWE Beteiligungen AG, Zug and is a member of the Advisory Board of Garaventa Lift, Küss-nacht am Rigi, where she is also nominated for election to the Board of Directors later this year.
Dr. Beat E. Lüthi is a Swiss citizen born in 1962. He studied electronics at the Swiss Federal Institute of Technology in Zürich where he also received his ph.d. at BWI Center for Industrial Management. Dr. Lüthi also concluded the Senior Management Program at INSEAD, Paris. He is managing partner at CTC Analytics AG, Zwingen, a worldwide leading manufacturer of laboratory robotics for chromatography applications. From 2003 until 2007 he managed the Laboratory Division of Mettler-Toledo, Greifensee. From 1998 until 2002 he served as CEO of Feintool, Lyss. From 1990 until 1998 he held various management functions at Mettler-Toledo. He serves on the Boards of Directors of Bossard Holding AG, Zug, and Straumann Holding AG, Basel.
Dr. Richard Fischer, Beat Siegrist and Dr. Thomas Staehelin are standing for re-election.
Subject to the election of Dr. Beat E. Lüthi to the Board of Directors, the Board intends to nomi-nate him as new Chairman of INFICON Holding AG.Complete invitation to and agenda for the ordinary Annual General Meeting
The invitation to the ordinary Annual General Meeting of INFICON Holding AG scheduled for April 26, 2012, including the full agenda and the proposals formulated by the Board of Directors, will be published in the Swiss Official Gazette of Commerce and on the INFICON website www.inficon.com
on March 29, 2012.E-mail Alerts:
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INFICON is a leading provider of innovative instrumentation, critical sensor technologies, and advanced process control software that enhance productivity and quality in sophisticated industrial vacuum process-es. These analysis, measurement and control products are essential for gas leak detection in air conditioning/refrigeration, and automotive manufacturing. They are vital to equipment manufacturers and end-users in the complex fabrication of semiconductors and thin film coatings for optics, flat panel displays, solar cells and industrial vacuum coating applications. Other users of vacuum based processes include the life sciences, research, aerospace, packaging, heat treatment, laser cutting and many other industrial processes. We also leverage our expertise in vacuum technology to provide unique, toxic chemical analysis products for emergency response, security, and environmental monitoring. INFICON is headquartered in Switzerland and has world-class manufacturing facilities in Europe, the United States and China, as well as subsidiaries in China, Finland, France, Germany, India, Italy, Japan, Korea, Liechtenstein, Singapore, Sweden, Switzerland, Taiwan, the United Kingdom and the United States. INFICON registered shares (IFCN) are listed on SIX Swiss Exchange. For more information about INFICON and its products, please visit www.inficon.com
This press release and oral statements or other written statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.