E.On’s shareholders approved on 8 June 2016 the spin-off of a 53.35% majority stake in Uniper. The decision for the spin-off was supported by 99.68% of the share capital represented at the meeting (where 75% was needed for acceptance). The decision will take effect in the second half of 2016, when E.On’s shareholders will then automatically receive Uniper shares in a one-to-ten ratio: one Uniper share for every ten E.On shares they hold. Shareholders also approved the actions of t
09 Jun 2016
Shareholders accept Uniper's spin-off, major changes to the board
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Shareholders accept Uniper's spin-off, major changes to the board
E.ON SE (EOAN:WBO) | 0 0 1.3% | Mkt Cap: 17,847m
- Published:
09 Jun 2016 -
Author:
Juan Camilo Rodriguez -
Pages:
3
E.On’s shareholders approved on 8 June 2016 the spin-off of a 53.35% majority stake in Uniper. The decision for the spin-off was supported by 99.68% of the share capital represented at the meeting (where 75% was needed for acceptance). The decision will take effect in the second half of 2016, when E.On’s shareholders will then automatically receive Uniper shares in a one-to-ten ratio: one Uniper share for every ten E.On shares they hold. Shareholders also approved the actions of t