Tessenderlo : General Meeting Tessenderlo Group nv 2019
May 12, 2020 at 11:50 am EDT
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PRESS RELEASE
Regulated information 1
May 12, 2020, 5:40 pm CET
ANNUAL GENERAL MEETING TESSENDERLO GROUP NV 2019
The annual general meeting of shareholders of Tessenderlo Group nv for the financial year 2019 took place today. 44,484,892 voting rights (75%) of the total of 59,308,771 shares were either present or represented at the meeting.
The annual general meeting approved the annual accounts, appropriation of the result and remuneration report. The annual general meeting also granted discharge to the directors and the statutory auditor for the exercise of their mandates during the financial year ending December 31, 2019. As proposed by the board, the annual general meeting agreed that no dividend would be paid for the 2019 financial year.
A special general meeting of Tessenderlo Group nv was also held today. 44,484,892 voting rights (75%) of the total of 59,308,771 voting rights were either present or represented at the meeting. The special general meeting approved the change of control provisions in the facility agreements with KBC Bank, ING Bank, Belfius Bank and BNP Paribas Fortis.
The presentation, minutes and other information on the general meetings are published on the website of Tessenderlo Group (www.tessenderlo.com).
FINANCIAL CALENDAR
Half year 2020 results
August 27, 2020
1 The information provided includes regulated information, as defined in the Royal Decree of November 14, 2007, regarding the duties of issuers of financial instruments permitted to trade on regulated markets.
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About Tessenderlo Group
Tessenderlo Group is a diversified industrial group that focuses on agriculture, valorizing bio-residuals and providing industrial solutions with a focus on water. The group employs more than 4,700 people, is a leader in most of its markets and recorded a consolidated revenue of 1.7 billion EUR in 2019. Tessenderlo Group is listed on Euronext Brussels and is part of Next 150 and BEL Mid indices. Financial News wires: Bloomberg: TESB BB - Reuters: TESB.BR - Datastream: B:Tes
Media Relations
Investor Relations
Frederic Dryhoel
Kurt Dejonckheere
+32 2 639 19 85
+32 2 639 18 41
frederic.dryhoel@tessenderlo.com
kurt.dejonckheere@tessenderlo.com
This press release is available in Dutch and English on the corporate website www.tessenderlo.com.
Disclaimer
This document may contain forward-looking statements. Such statements reflect the views of management regarding future events at the date of this document. Furthermore, they involve known and unknown risks, uncertainties and other factors that may cause actual results to be different from any results, performance or achievements expressed or implied by such forward-looking statements. Tessenderlo Group provides the information in this press release as at the date of publication and, subject to applicable legislation, does not undertake any obligation to update, clarify or correct any forward-looking statements contained in this press release in light of new information, future events or otherwise. Tessenderlo Group disclaims any liability for statements made or published by third parties (including any employees who are not explicitly mandated by Tessenderlo Group) and, subject to applicable legislation, does not undertake any obligation to correct inaccurate data, information, conclusions or opinions published by third parties in relation to this or any other press release it issues.
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Tessenderlo Group NV published this content on 12 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2020 15:49:06 UTC
Tessenderlo Group nv is a diversified industrial group. Net sales break down by activity as follows:
- sale of agrochemicals (37.7%): crop nutrients (liquid sulfur fertilizers, solid and soluble potassium sulfate fertilizers, etc.) and crop protection products;
- sale of animal by-products (30.9%): animal fats and proteins, gelatins, collagen peptides, etc.;
- sale of industrial products (28.3%): plastic pipe systems, PVC profiles, performance chemicals (ferric chloride, caustic soda, sodium hypochlorite, hydrochloric acid, sodium sulphide, hydrogen sulphide, calcium chloride, etc.), electrolysis products, specialty chemicals, etc. for the water treatment and transportation, construction, mining, food processing, oil and gas industries, etc.;
- power generation (3.1%).
Net sales are distributed geographically as follows: Belgium (9.1%), France (16.5%), the Netherlands (10.2%), the United Kingdom (4.9%), Spain (3.5%), Germany (3%), Poland (1.5%), Europe (6%), the United States (28.8%), Mexico (3.2%), China (0.7%) and other (12.6%).
TESSENDERLO GROUP NV 
