Shareholders approve all proposals

Ad hoc announcement pursuant to Article 53 of the Listing Rules

This press release or the information it contains is not published and may not be distributed in the United States of America, Canada, Australia or Japan and does not constitute an offer to sell securities in these countries. .

Shareholders approve all proposals

The shareholders of Feintool International Holding AG have approved all proposals presented at the Annual General Meeting of Shareholders on April 28, 2022.

At the annual general meeting of Feintool International Holding AG on April 28, 2022, the shareholders approved the annual report and the annual accounts for 2021. The payment of a dividend of CHF 1 per share was also approved.

All members of the Board of Directors who are candidates for re-election, namely Alexander von Witzleben, Christian Mäder, Dr. Marcus Bollig, Norbert Indlekofer and Heinz Loosli, have been confirmed in their functions.

At the Annual General Meeting, the shareholders also decided to implement the proposed ordinary capital increase in the amount of approximately CHF 202 million and instructed the Board of Directors to carry it out. For the key figures of the capital increase, refer to this morning’s press release.

Short profile

Feintool is an internationally active and market leading technology in fine blanking, forming and deep drawing by electrolamination for the processing of sheet steel. Cost-effectiveness, superior quality and productivity characterize these technologies.
As a driver of innovation, Feintool constantly pushes the boundaries of these technologies and develops intelligent solutions to meet the requirements of its customers: on the one hand, high-performance fine blanking systems with innovative tools and state-of-the-art, and on the other hand, complete processes for the precise cutting, forming and stamping of sheet metal electrical components in large volumes for demanding automotive and industrial applications.
These processes support automotive industry trends. Feintool acts as a project and development partner in the areas of lightweight construction/sustainability, module variants/platforms and alternative drive concepts such as hybrid and electric drives.

Founded in 1959 and based in Lyss, Switzerland, the Group operates its 19 production plants and technology centers in Europe, the United States, China and Japan, ensuring proximity to its customers. Worldwide, around 3,500 employees and 100 apprentices are working on new solutions to create key advantages for Feintool customers.

Warning

This publication does not constitute an offer to sell or a solicitation to buy securities of the Company and does not constitute a prospectus or similar notice within the meaning of articles 35 et seq. or 69 of the Swiss Financial Services Act.

The offer and listing will be made solely by means of and on the basis of a prospectus which must be approved by the competent supervisory body and published. An investment decision regarding publicly offered securities of the Company should only be made on the basis of the prospectus. The prospectus is expected to be published on April 29, 2022 and will be available free of charge on the Company’s website.

This publication or the information it contains is unpublished and may not be distributed in the United States of America, Canada, Australia, Japan, or any other jurisdiction in which distribution or publication would be unlawful or require registration or other action and does not constitute an offer of securities for sale in such countries.

This communication is being distributed only and is directed only to (i) persons outside the United Kingdom, (ii) persons with professional experience in matters relating to investments falling under Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth entities, and other persons to whom they may otherwise lawfully be disclosed, falling within section 49(2), of the Ordinance (all these persons being collectively referred to as “data subjects“). Any investment or investment activity to which this communication relates is only accessible to relevant persons and will only be engaged in with relevant persons. Any person who is not a Data Subject should not act or rely on this communication or any of its contents.

This communication does not constitute an “offer of securities to the public”. within the meaning of Regulation 2017/1129 of the European Union (the “Rules Prospectus“) of the securities referred to therein (the “Securities“) in any member state of the European Economic Area (the “EEA“) or Regulation (EU) 2017/1129 as part of domestic law under the Withdrawal from the European Union Act 2018, as amended (the “UK prospectus regulations“). Any offer of Notes to persons in the EEA will be made pursuant to an exemption under the Prospectus Regulation, as implemented in the Member States of the EEA, from the requirement to produce a prospectus for offers of Securities.

The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Law“), and may not be offered or sold in the United States or to United States Persons (as that term is defined in Regulation S of the Securities Act) unless the securities are registered under the Securities Act or an exemption from the registration requirements of The issuer of the securities has not registered, and does not intend to register, any part of the offering in the United States, and does not intention to make a public offering of securities in the United States.

This communication is not intended for distribution in the United States, Canada, Australia or Japan. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which it is illegal to do so.

Feintool International Holding AG
Industriering 8
3250 Lys
Swiss

Media Spokesperson

Karin Labhart
Telephone +41 32 387 51 57
Mobile +41 79 609 22 02
[email protected]
www.feintool.com

The press release can be downloaded from the following link:
Press release (PDF)

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