Nexans’ 2010 Registration document - Mixed Shareholders’ Meeting of May 31st, 2011
Paris, April 20, 2011 – Nexans’ 2010 Registration document has been registered with the AMF (Autorité des Marchés Financiers) on April 19, 2011. It is available to the public in accordance with applicable laws and regulations and is available online on Nexans’ website (www.nexans.com/2010rd) and on the AMF website (www.amf-france.org).
This Registration document includes the 2010 annual financial report, the Chairman’s report prepared in accordance with article L. 225-37 paragraph 6 of the Commercial Code in connection with corporate governance, internal control and risk management, the statutory auditors’ reports and the information related to their fees.
Nexans Mixed Shareholders’ Meeting will be held on Tuesday, May 31st, 2011 at 3.00 pm in the Claude Levi-Strauss theatre of the quai Branly museum (37, quai Branly, 75007 Paris).
The Board proposes to the shareholders the payment of a dividend of 1.10 euro per share, to be paid on June 8, 2011 (Ex-dividend date: June 3rd, 2011).
The Board will also propose to the shareholders, among other subjects, to:
- Approve the agreement entered with Madeco on March 27, 2011 to strengthen Madeco’s position as the Group’s main shareholder;
- Elections of members of the Board of Directors : following the expiration without renewal of 3 directors’ terms, nomination of four new directors and renewal of four directors whose term expires;
- Authorize the implementation of a performance share plan as part of the long-term compensation policy for Group managers, under conditions already defined by the Board and made public.
A detailed presentation of the agreement with Madeco, candidate Board members, and the performance share plan is provided in the convening notice for the shareholders meeting, which includes the proposed resolutions and the Board’s report on these resolutions. Such notice is available online on Nexans’ website (www.nexans.com/2011asm).
The publication in the official journal (Bulletin des Annonces Légales Obligatoires) of the notice of this Mixed Shareholders’ Meeting, including the agenda, the text of the proposed resolutions and the conditions for participating and voting at this Meeting is planned on Friday April 22nd. This notice will be available online in the same Internet section.
The other documents and information related to this Meeting may be consulted by the shareholders in accordance with applicable laws and regulations.
A live transmission of the Shareholders’ Meeting with an English translation shall be accessible on Nexans web site (www.nexans.com).
2011 Financial calendar
- April 27, 2011: First-quarter 2011 financial information
- May 10, 2011: Shareholders information meeting in Nancy*
- May 31, 2011: General Shareholders’ Meeting
- June 28, 2011: Shareholders information meeting in Nice*
- July 27, 2011: 2011 Half Year Results
(* Approximate date to be confirmed)
I Vostri Contatti
With energy as the basis of its development, Nexans, worldwide leading expert in the cable industry, offers an extensive range of cables and cabling systems. The Group is a global player in the infrastructure, industry, building and Local Area Network markets. Nexans addresses a series of market segments: from energy, transport and telecom networks to shipbuilding, oil and gas, nuclear power, automotives, electronics, aeronautics, material handling and automation.
Nexans is a responsible industrial company that regards sustainable development as integral to its global and operational strategy. Continuous innovation in products, solutions and services, employee development and engagement, and the introduction of safe industrial processes with limited environmental impact are among the key initiatives that place Nexans at the core of a sustainable future.
With an industrial presence in 40 countries and commercial activities worldwide, Nexans employs 23,700 people and had sales in 2010 of more than 6 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A. For more information, please consult www.nexans.com or http://www.nexans.mobi