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KRONES AG — Board/Management Information 2013
Oct 23, 2013
251_rns_2013-10-23_1680c1db-3e5c-469f-8926-72b32723602c.html
Board/Management Information
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Corporate | 23 October 2013 09:58
Krones AG: Volker and Norman Kronseder arrange transfer of Krones shares to their children
Krones AG / Key word(s): Miscellaneous
23.10.2013 / 09:58
23 October 2013
Corporate news release
Volker and Norman Kronseder arrange transfer of
Krones shares to their children
Volker Kronseder, Chairman of the Executive Board, and Norman Kronseder, Member of the Supervisory Board, are making arrangements to ensure the future orderly transfer of their Krones shares to their children. To this end, they have signed agreements that comply with current tax and legal requirements. Volker Kronseder has placed shares in a foundation for this purpose.
Thus, Volker and Norman Kronseder have taken proactive steps to continue the company’s tradition as a successful family enterprise. The existing pooling agreement, under which the voting rights of all members of the Kronseder family and their enterprises are exercised as a voting trust, remains unaffected by the transfer agreements described above. In this way, the Kronseder family retains a 51.85% stake and remains a stable majority shareholder of Krones AG.
Your contact person:
Olaf Scholz
Senior Vice President of Investor Relations Krones AG
Phone: +49 9401 70-1169
E-mail: [email protected]
End of Corporate News
23.10.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
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| Language: | English |
| Company: | Krones AG |
| Böhmerwaldstraße 5 | |
| 93073 Neutraubling | |
| Germany | |
| Phone: | +49 (0)9401 701169 |
| Fax: | +49 (0)9401 709 1 1169 |
| E-mail: | [email protected] |
| Internet: | www.krones.com |
| ISIN: | DE0006335003 |
| WKN: | 633500 |
| Indices: | MDAX |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart |
| End of News | DGAP News-Service |
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| 235740 23.10.2013 |