AGM Information • Mar 27, 2015
AGM Information
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27 March 2015
Nyrstar ("Nyrstar" or the "Company") today invited its shareholders to attend its forthcoming annual general shareholders' meeting ("AGM") on 29 April 2015. The meeting will commence at 10:30 a.m. CET and be held at Diamant Building, A. Reyerslaan 80, 1030 Brussels, Belgium.
The Company received a written request from a subsidiary of Trafigura Beheer B.V. ("Trafigura") on 20 March 2015 to add proposals to the agenda of the AGM to elect two new Directors to the Board; Christopher Cox as a non-executive director and Martyn Konig as an independent director.
The unsolicited proposal by Trafigura was submitted too late to enable the nomination and remuneration committee of the Board to assess or interview these candidates before the deadline for the review and publication of the AGM agenda. Therefore, the Board is not currently in a position to issue a recommendation to shareholders regarding the proposed candidates as required by the Belgian Code on Corporate Governance, nor assess the qualification of one of the proposed directors as an independent director.
Nyrstar has a process for vetting the qualification and independence of any potential new Directors, which will be applied to the nominees on an expedited basis. The Board will seek to make a recommendation on voting to its shareholders prior to deadlines for shareholders to exercise their voting rights. In advance of that recommendation, the Board intends to engage with Trafigura on their proposed resolutions and will continue to assess additional Director(s) for nomination. Nyrstar will update the market accordingly once this process has concluded.
Nyrstar is committed to having an independently-led Board of Directors, to ensure that it maintains its duty to act in the best interest of all shareholders.
Please refer to the aforementioned 2015 AGM agenda for further information on the draft proposals. Agenda items and proposed resolutions can be downloaded from the following link: http://www.nyrstar.com/investors/en/shareholderinformation/Pages/Shareholder-Meetings.aspx
Nyrstar is an integrated mining and metals business, with market leading positions in zinc and lead, and growing positions in other base and precious metals; essential resources that are fuelling the rapid urbanisation and industrialisation of our changing world. Nyrstar has mining, smelting, and other operations located in Europe, the Americas, China and Australia and employs approximately 6,500 people. Nyrstar is incorporated in Belgium and has its corporate office in Switzerland. Nyrstar is listed on Euronext Brussels under the symbol NYR. For further information please visit the Nyrstar website, www.nyrstar.com
E:[email protected] Greg Morsbach Group Manager Corporate Communications T: +41 44 745 8295 M: +41 79 719 2342 E:[email protected]
| Anthony Simms | Group Manager Investor Relations | T: +41 44 745 8157 | M: +41 79 722 2152 |
|---|---|---|---|
| E:[email protected] | |||
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