Nyrstar: Judgment in interim proceedings initiated by a group of minority shareholders
January 07 2020 - 4:30PM
Nyrstar: Judgment in interim proceedings initiated by a group of
minority shareholders
Nyrstar: Judgment in interim proceedings
initiated by a group of minority shareholders
7 January 2020 at 23.30 CET
Nyrstar NV ("Nyrstar" or the "Company")
announces that the President of the Commercial Court in Antwerp has
today rendered a judgment in the summary proceedings initiated by a
group of minority shareholders (the “Minority Shareholders”). The
Minority Shareholders had requested the court to suspend the
resolutions of the general meeting of 5 November 2019, and
subsequently also those of the extraordinary general meeting of 9
December 2019, as well as to appoint a provisional administrator to
convene a new general meeting. The Minority Shareholders had also
requested to impose certain measures on Nyrstar, including the
prohibition to enter into certain loans. The President rejected all
claims of the Minority Shareholders in a fully reasoned judgment.
The President did not grant the claim of Nyrstar to order the
Minority Shareholders to pay damages but did order them to pay the
legal costs, including an indemnification for legal fees for
Nyrstar.
The Company will now further review the judgment
and consult with its counsel.
About NyrstarThe Company is incorporated
in Belgium and, following completion of the
recapitalisation/restructuring has a 2% shareholding in the Nyrstar
group. The Company is listed on Euronext Brussels under the symbol
NYR. For further information please visit the Nyrstar website:
www.nyrstar.be
For further information contact:
Anthony Simms - Head of
External Affairs T: +41 44 745 8157 M: +41
79 722 2152 anthony.simms@nyrstar.com
- Press release Court decision - EN 07012020
Nyrstar NV (EU:NYR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Nyrstar NV (EU:NYR)
Historical Stock Chart
From Jul 2023 to Jul 2024
