26 Apr 2012
Thalwil, Switzerland - 26 April, 2012 - At the Annual General Meeting on 25th of April in Thalwil, the shareholders of u-blox Holding AG approved all proposals of the Board of Directors. 151 shareholders attended the meeting. A total of 2'223'907 voting shares were represented, corresponding to 35.62% of the issued share capital.
The shareholders approved the annual report, the 2011 financial statements and consolidated financial statements of u-blox Holding AG. The assembly approved the dividend of CHF 0.90 per share and the appropriation of the retained earnings. The shareholders discharged the Board of Directors and the Executive Committee for their activities in 2011.
Prof. Dr. Gerhard Tröster and Soo Boon Quek were re-elected for 3 years. KPMG AG of Root/Luzern was reappointed as statutory auditor for a further term of one year.