31
May
2022
|
18:06
Europe/Amsterdam

Cabka Annual General Meeting results: All resolutions duly passed

Cabka N.V. (together with its subsidiaries, the “Company”), a leading integrated circular production company, listed at Euronext Amsterdam, announces that at its Annual General Meeting (AGM) of shareholders, held today at the Crowne Plaza Hotel Amsterdam South, all resolutions were duly passed.

At the Annual General Meeting, 52% of the total issued share capital and a corresponding share of total voting rights were represented. 

Management gave an overview of the current business and the General Meeting adopted Cabka’s audited 2021 financial statements[1]. The Board members were discharged for the performance of their duties in 2021. Manuel Beja was appointed as a member and subsequently as Chairperson of the Supervisory Board. BDO Audit & Assurance B.V. was appointed external auditor of the Company for the financial year 2022.

The votes were casted as follows:

  • Agenda item 2c. adoption of the company and consolidated financial statements for the financial year ended 2021 including appropriation of the net result for the financial year ended 2021:
    For: 12,587,626: Against: 510; Withheld: 3,060
  • Agenda item 3: Discharge of the managing directors for the financial year ended 2021:     
    For: 12,588,646; Against: 510; Withheld: 2,040.
  • Agenda item 4. Appointment of the external auditor for the financial year 2022     
    For: 12,591,196; Against: 0; Withheld: 0
  • Agenda item 5. Appointment of supervisory director        
    For 12,588,646; Against: 510; Withheld: 2,040
     

For more information, please contact:
David Brilleslijper, Investor & Press contact
IR@cabka.com, or D.Brilleslijper@cabka.com
+316 109 42514
www.cabka.com


About Cabka
Cabka is in the business of recycling plastics from post-consumer and post-industrial waste into innovative reusable pallets- and large container solutions enhancing logistics chain sustainability. Cabka is leading the industry in its integrated approach closing the loop from waste, to recycling, to manufacturing. Backed by its own innovation center it has the rare industry knowledge, capability, and capacity of making maximum use bringing recycled plastics back in the production loop at attractive returns. Cabka is fully equipped to exploit the full value chain from waste to end-products. 

Cabka employs some 700 FTE in Europe and the US recycling 150 kton of plastics into some 10 million pallets and 200,000 large containers realizing EUR 171m in revenues, in 2021.

Cabka is listed at Euronext Amsterdam as of 1 March 2022 under the CABKA ticker with international securities identification number NL00150000S7.
 

Disclaimer
The content of this press release may include statements that are, or may be deemed to be, ''forward-looking statements''. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms ''believes'', ''estimates'', ''plans'', ''projects'', ''anticipates'', ''expects'', ''intends'', ''may'', ''will'' or ''should'' or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company’s business, results of operations, financial position, liquidity, prospects, growth or strategies. 

Readers are cautioned that any forward-looking statements are not guarantees of future performance. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this press release. The Company undertakes no obligation to publicly update or revise the information in this press release, including any forward-looking statements, except as may be required by law.


 


[1] The statements of Cabka N.V. were in fact that of Dutch Star Companies Two B.V. (DSCT) which was the listed entity in 2021 before DSCT was taken over in a business combination with Cabka Group GmbH to form Cabka N.V.

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