Kortrijk, Belgium, 25 April 2014 – Reference is made to the agenda of the Extraordinary and Annual General Meeting held on 24 April 2014 and the voting results, which are available on www.barco.com/en/Investors
Share Buy Back
The Extraordinary General Meeting has authorized the Board to acquire the maximum permissible amount of own shares and to use these shares in the context of acquisitions or annul them. The authorization will remain valid for a period of five (5) years.
Following the recommendation of the Board of Directors the General Meeting approved the gross dividend over 2013 at one euro and fifty eurocents (€ 1.50) per fully paid up share.
Appointment of directors
The General Meeting has reappointed the following four directors:
Moreover the General Meeting has appointed an additional independent director, notably Mrs. Hilde Laga for a period of four (4) years. Mrs. Laga is a leading Belgian attorney with a strong corporate governance and M&A background.
Subsequent to the above appointments, the Board of Directors has decided to extend the mandate of Mr. Eric Van Zele as CEO of the company.