<

AVENUE LIVING ASSET MANAGEMENT Landis+Gyr Publishes Annual Report 2022 and Invitation to AGM 2023

Transparency directive : regulatory news

26/05/2023 06:50

Landis+Gyr Group AG / Key word(s): AGMEGM/Annual Results
Landis+Gyr Publishes Annual Report 2022 and Invitation to AGM 2023

26-May-2023 / 06:50 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.


Cham, Switzerland – May 26, 2023 – Landis+Gyr Group AG (SIX: LAND) today published its Annual Report 2022, which is available on the Company’s website (https://investors.landisgyr.com/annual-report/2022/). The report provides comprehensive information about the Group’s business and financial performance, corporate governance, remuneration, and sustainability achievements in the financial year 2022 (April 1, 2022 – March 31, 2023).

 

In addition, Landis+Gyr today issued the invitation to the Annual General Meeting to be held on June 22, 2023, in Zug, which is available on the Company’s website (www.landisgyr.com/agm). As communicated on May 2, 2023, the Board of Directors proposes, amongst other items, a distribution from statutory capital reserves of CHF 2.20 per share. 

 

As also communicated at the beginning of May, two changes to the Board of Directors are planned for the upcoming Annual General Meeting of Shareholders. Søren Thorup Sørensen, representative of Landis+Gyr’s largest shareholder KIRKBI, has informed the Board of Directors that he will not stand for re-election after serving on the Board for four years. As the new representative of KIRKBI, the Board of Directors proposes the election of Peter Christopher V. Bason as new director. Peter Bason has been Head of Long-Term Equity at KIRKBI since 2020 with prior experience at Altor Equity Partners and at McKinsey & Company.

 

In addition, the Board of Directors proposes the election of Audrey Zibelman as a new independent director. Audrey Zibelman brings a wealth of experience in grid operations, power markets, and public service to the Board. During her long career she most recently served at Alphabet's moonshot factory X, was CEO of the Australian Energy Market Operator and CEO of the New York Public Services Commission.

 

Amongst other items, the Board of Directors also proposes to amend Landis+Gyr Group AG’s articles of association in order to align them with the revised Swiss corporate law and to replace the Company’s authorized capital with a capital band.

 

 

Media Contact

Eva Borowski

SVP Investor Relations & Corporate Communications

Phone +41 41 935 6396

Eva.Borowski@landisgyr.com

 

Investor Contact

Christian Waelti

Head of Investor Relations

Phone +41 41 935 6331

Christian.Waelti@landisgyr.com

 

Key dates

Annual General Meeting 2023

June 22, 2023

Ex-Dividend Date

June 26, 2023

Dividend Payment Date

June 28, 2023

Publication of Half Year Results 2023

October 25, 2023

Release of Results for Financial Year 2023

May 8, 2024

 

About Landis+Gyr

Landis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having avoided more than 9.5 million tons of CO2 in FY 2022, Landis+Gyr manages energy better – since 1896. With sales of USD 1.7 billion in FY 2022, Landis+Gyr employs around 7,800 talented people across five continents. For more information, please visit our website www.landisgyr.com.

 



End of Inside Information
Language: English
Company: Landis+Gyr Group AG
Alte Steinhauserstrasse 18
6330 Cham
Switzerland
E-mail: ir@landisgyr.com
Internet: www.landisgyr.com
ISIN: CH0371153492
Valor: 37115349
Listed: SIX Swiss Exchange
EQS News ID: 1642473

 
End of Announcement EQS News Service

1642473  26-May-2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1642473&application_name=news&site_id=symex


Other stories

20/04/2024 16:37
20/04/2024 19:55
20/04/2024 18:50
20/04/2024 05:33
20/04/2024 15:31
20/04/2024 14:35
20/04/2024 18:34
20/04/2024 13:27
20/04/2024 12:14
20/04/2024 10:39
20/04/2024 13:27
20/04/2024 11:25
19/04/2024 19:17
20/04/2024 14:03
20/04/2024 02:44
20/04/2024 13:57
20/04/2024 14:08
20/04/2024 12:58
20/04/2024 08:37
20/04/2024 05:35
20/04/2024 19:00
20/04/2024 17:36
20/04/2024 07:00
20/04/2024 10:45
20/04/2024 18:15
20/04/2024 10:00
20/04/2024 18:16
20/04/2024 18:13
20/04/2024 10:29
20/04/2024 09:37
19/04/2024 21:18
19/04/2024 12:40
20/04/2024 10:22
20/04/2024 08:56
19/04/2024 23:53
20/04/2024 10:53