Board of Directors’ proposal for the appropriation of retained earnings and distribution from distributable paid-in capital
At the Annual Shareholder Meeting the Board of Directors will propose the following appropriation of retained earnings:
01 Proposal for appropriation of 2018 retained earnings
At the Annual Shareholder Meeting the Board of Directors will propose the following appropriation of retained earnings:
02 Proposal for payment of a dividend
At the Annual Shareholder Meeting the Board of Directors will propose a total distribution of CHF 1.20 per share in an aggregate amount of CHF 9.3 million. Provided it is approved, the distribution will result in the following movement in the distributable paid-in capital reserve and in retained earnings:
Distribution from distributable paid-in capital
At the Annual Shareholder Meeting the Board of Directors will propose a distribution of CHF 1.00 per share from distributable paid-in capital.
Distribution from retained earnings
At the Annual Shareholder Meeting the Board of Directors will further propose a distribution of CHF 0.20 per share from retained earnings.
Provided these proposals are approved, the total distribution of CHF 1.20 per entitled share will be paid on May 2, 2019.