Alpine Select AG and Absolute Invest AG, shareholders in Altin with combined holdings of 32.41% have called for an Extraordinary General Meeting to take place by 16 March 2016 and for the following items to be put to a vote:
- The payout of a dividend of CHF 20.00 per share, paid out of retained earnings
- The removal from the Board of Directors of Mssrs. Peter Altorfer, Eric Syz and André Pabst. Alpine Select AG and Absolute Invest AG have proposed the election of Mssrs. Thomas Amstutz, Gerhard Niggli and Dieter Dubs.
The Board of Directors of ALTIN will examine the requests of Alpine Select and Absolute Invest AG and communicate its position in due course
AIA : Altin Board attacked by shareholders