Le Lézard
Classified in: Ebola virus, Transportation, Science and technology
Subjects: ACC, SHM

The Extraordinary General Meeting in Haldex is postponed


LANDSKRONA, Sweden, Sept. 13, 2022 /PRNewswire/ -- The Extraordinary General Meeting in Haldex Aktiebolag ("Haldex") will not be held on 14 September 2022. Notice of a new Extraordinary General Meeting will be issued as soon as SAF-HOLLAND SE ("SAF-HOLLAND") has received competition law clearance in Poland.

SAF-HOLLAND which, following its public tender offer holds more than nine-tenths of the shares in Haldex, has informed Haldex that it has decided to withdraw its proposals to the Extraordinary General Meeting on 14 September 2022. The proposals concerned the election of new Board members and a new Chairman of the Board, as well as the related matters of determining the number of Board members and the remuneration of the Board.

The reason for the withdrawal of the proposals is that SAF-HOLLAND has not yet received merger control clearance in Poland. As long as SAF-HOLLAND has not received clearance in Poland, SAF-HOLLAND may not exercise the voting rights in respect of the shares that SAF-HOLLAND acquired in the public offer. Like in many other countries, Polish law permits a public tender offer to be completed pending merger control clearance, provided that the offeror does not exercise the voting rights of the shares acquired in the offer. The completed public tender offer, and the transfers of Haldex shares that have taken place pursuant to the offer, are not affected by the fact that clearance in Poland is still pending.

As a result of SAF-HOLLAND having withdrawn its proposals, the Extraordinary General Meeting which should have been held by advance voting only (postal voting) in accordance with the Act on temporary exceptions to facilitate the execution of general meetings in companies and other associations, cannot be held.

Haldex will convene a new Extraordinary General Meeting as soon as SAF-HOLLAND has received merger control clearance in Poland.

The information was submitted for publication, through the agency of the contact person set out below, at 20:00 CEST on 13 September 2022.

CONTACT:

For further information, please contact:
Linda Carlsson, Head of Legal
Phone: +46 768 85 1507
E-mail: [email protected]

About Haldex

Over 100 years of powerful innovation gives Haldex unsurpassed expertise when it comes to braking systems and air suspension systems for heavy trucks, trailers, and buses. We live and breathe our business with the goal to deliver robust and technically superior solutions which is founded in a deep insight in our customer's reality. Through focusing on our core competences and the passion we all share, we achieve the agility and flexibility that the market demands. Innovative collaborations aren't only the core of our products, but our philosophy. Our 2 000 employees, spread out across four continents, challenge the conventional on a daily basis in order to secure that the products we deliver create a unique value to our customers and the end users. We are listed on Nasdaq Stockholm and have a turnover of approx. 4.6 billion SEK.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/haldex/r/the-extraordinary-general-meeting-in-haldex-is-postponed,c3630493

SOURCE Haldex


These press releases may also interest you

at 17:30
Inspire Semiconductor Holdings Inc. ("InspireSemi" or the "Company"), a chip design company that has built a technology foundation to deliver revolutionary performance, today announced that it intends to undertake a non-brokered private placement...

at 17:30
Sure Secure Solutions, a leader in providing innovative and next-generation IT solutions, announces the appointment of Mr. Asim Malik as the Chief Growth Officer. In this role Asim will lead enterprise-wide business development, find strategies for...

at 17:18
Total Q3 revenue grew 9% year over year to US$42.7 million and Constant Currency Revenue1 increased 13% to US$44.2 millionTotal year-to-date revenue grew 14% year over year to US$125.7 million and Constant Currency Revenue1 increased 17% to US$128.7...

at 17:13
LG and the Tennessee Titans have teamed up on an exclusive original content series Taste of Tennessee which will offer viewers a look at the creative foods and culinary culture from Nashville's most passionate chefs and popular eateries....

at 17:07
Unisys Corporation  today announced that management will participate in the following upcoming investor conferences: Thursday, December 8, 2022 ? Deb McCann, Chief Financial Officer of Unisys, will present at the Sidoti December Virtual Small Cap...

at 17:05
The Innovative Optical and Wireless Network Global Forum (IOWN Global Forum) which seeks to create a smarter, more connected world, recently hosted its first in-person Member Meeting, welcoming 140 registrants from 44 organizations. Additionally, key...



News published on 13 september 2022 at 14:08 and distributed by: