Earnings Release • Sep 24, 2015
Earnings Release
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Press release Paris, 24 September 2015
Rothschild & Co (formerly Paris Orléans) announces that during the Combined General Meeting held on 24 September 2015 its shareholders agreed all of the proposals that were submitted to them by Paris Orléans.
Further to a presentation of the performance of the Group for the 2014/2015 financial year, the Annual General Meeting of shareholders approved the financial statements and the appropriation of income.
The presentations made during the General Meeting, as well as detailed information on the quorum and the results of the votes are available on the company's website, www.rothschildandco.com.
The Paris Orléans General Meeting held on September 24, 2015 approved by a majority of 87.1% the change of name from Paris Orléans to Rothschild & Co with immediate effect.
From 28 September 2015, the company's ticker symbol will be "ROTH".
The General Meeting of shareholders – following the recommendation of the Supervisory Board – approved the payment of a dividend of €0.60 per share, a 20% increase on the dividend which represents an amount of €42.7 million, reflecting the good results of the financial year and the confidence of the Group in the future.
The dividend will be payable on 1 October 2015.
The General Meeting of shareholders also approved by a very large majority the re-election of several members of the Supervisory Board who are contributing positively to the development of the Group.
Mrs Lucie Maurel-Aubert
Mrs Lucie Maurel-Aubert is a member of the Executive Board of Banque Martin Maurel and Vice Chairwoman of Compagnie Financière Martin Maurel. She also holds several other board memberships.
Mr Sylvain Héfès
Mr Sylvain Héfès started his career at Rothschild Bank in Paris. Thereafter he held several senior management positions in France and around the world at Goldman Sachs. He currently holds several other board memberships.
Lord Leach
Lord Leach holds various board memberships within Jardine Matheson Group.
Mr Anthony de Rothschild
Mr Anthony de Rothschild has a long track record in investment management. He is also a Member of the Board of Rothschild Concordia.
Mr Sipko Schat
Mr Sipko Schat was a member of the Executive Board of Rabobank Group. He is the Chairman of the Supervisory Board of Vion NV.
Mr Peter Smith
Mr Peter Smith was UK Senior Partner at PricewaterhouseCoopers. He currently holds various board memberships in the UK.
David de Rothschild, Chairman of PO Gestion and managing partner of Rothschild & Co declared: "On behalf of the Group and the Management we thank particularly the Chairman of the Supervisory Board and the whole Board for their contribution. Furthermore we thank our shareholders, our partners and our colleagues for their continued support. We are pleased with the large majority vote for the name change which highlights the partnership culture we have with our shareholders. We are delighted that six members of the Supervisory Board were re-elected by the shareholders, and we look forward to their continued valuable commitment to the Group as they bring their wealth of experience and skills to the Board".
Rothschild & Co (formerly Paris Orléans) operates in the following areas:
Rothschild & Co is a French partnership limited by shares (société en commandite par actions) with a share capital of €142,274,072. Paris trade and companies registry 302 519 228. Registered office: 23 bis avenue de Messine, 75008 Paris, France. Rothschild & Co is listed on NYSE Euronext in Paris, Compartment A - ISIN Code: FR0000031684. Rothschild & Co is PEA-PME eligible
[email protected] Tél. : +33 (0)1 53 77 65 10 www.rothschildandco.com
France DGM Conseil +33 1 40 70 11 89 Michel Calzaroni [email protected] Olivier Labesse [email protected]
United Kingdom Smithfield +44 20 7360 4900 John Kiely [email protected] Alex Simmons [email protected]
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