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Hoffmann Green Cement Technologies: Report of the Combined General Meeting of June 26, 2020, in camera

06/26/2020 | 6:09 p.m.

Regulatory News:

Hoffmann Green Cement Technologies (Paris: ALHGR) (ISIN: FR0013451044, Mnemo: ALHGR) (“ Hoffmann Green “Or the” Society »), A pioneer in carbon-free cement, informs its shareholders that its Combined General Meeting was held behind closed doors, without the physical presence of shareholders and other persons entitled to attend, on Friday, June 26, 2020 at 2:00 p.m. in Bournezeau, under the chairmanship of Mr. Eric Cougnaud, Chairman of the Supervisory Board.

At the end of this Combined General Meeting, Hoffmann Green Cement Technologies informs its shareholders that the number of shares held by shareholders who voted by mail or by proxy was 11,642,040 out of the 13,592,517 shares with voting rights , representing a quorum of 85.65%.

All the resolutions of this Combined General Meeting have been adopted.

The Company wishes to thank all of its shareholders for their commitment and support.

The detailed results of the votes by resolution at this Combined General Meeting are as follows:

Resolution no.

Resolution

Votes

FOR in number of votes

Votes AGAINST number of votes

ABSTENTION votes in number of votes

Votes In % Voting results
General Ordinary assembly

1

Review and approval of the corporate financial statements for the year ended December 31, 2019

19,578,462

0

0

For

100.00%

Resolution Adopted
Against

0.00%

Abstention

0.00%

2

Review and approval of the consolidated financial statements for the year ended December 31, 2019

19,578,462

0

0

For

100.00%

Resolution Adopted
Against

0.00%

Abstention

0.00%

3

Allocation of profit for the year ended December 31, 2019

19,578,462

0

0

For

100.00%

Resolution Adopted
Against

0.00%

Abstention

0.00%

4

Examination of the statutory auditor’s special report on regulated agreements and approval of said report

19,549,586

28,876

0

For

99.85%

Resolution Adopted
Against

0.15%

Abstention

0.00%

5

Renewal of the mandate of Mr.
Gil Briand as member of the Supervisory Board of the Company

19,364,855

213.607

0

For

98.91%

Resolution Adopted
Against

1.09%

Abstention

0.00%

6

Renewal of the mandate of Mr. Hervé Montjotin as a member of the Supervisory Board

19,314,298

264,164

0

For

98.65%

Resolution Adopted
Against

1.35%

Abstention

0.00%

7

Determination of the total annual compensation allocated to the members of the Supervisory Board

19,549,586

28,876

0

For

99.85%

Resolution Adopted
Against

0.15%

Abstention

0.00%

8

Delegation of authority to the Management Board to operate on the Company’s shares

18,977,589

600,873

0

For

96.93%

Resolution Adopted
Against

3.07%

Abstention

0.00%

Resolution no.

Resolution

Votes

FOR in number of votes

Votes AGAINST number of votes

ABSTENTION votes in number of votes

Votes In % Voting results
Extraordinary general meeting

9

Delegation of authority to be granted to the Management Board in order to issue, with preferential subscription rights, shares and / or securities giving access to new shares of the Company

19,467,186

111,276

0

For

99.43%

Resolution Adopted
Against

0.57%

Abstention

0.00%

10

Delegation of authority to be granted to the Management Board for the purpose of issuing, with cancellation of preferential subscription rights, shares and / or securities giving access to new shares of the Company in accordance with article L. 225-136 of the French Commercial Code (…)

19,212,029

366,433

0

For

98.13%

Resolution Adopted
Against

1.87%

Abstention

0.00%

11

Delegation of authority to be granted to the Management Board with a view to issuing shares and / or securities giving access to new shares, with cancellation of the preferential subscription right for the benefit of a category of persons

18,771,073

807,389

0

For

95.88%

Resolution Adopted
Against

4.12%

Abstention

0.00%

12

Authorization to be given to the Management Board in order to increase, in accordance with Article L. 225-135-1 of the French Commercial Code, the number of securities to be issued on the occasion of issues carried out with maintenance or cancellation of the right preferential subscription

19,212,379

366,083

0

For

98.13%

Resolution Adopted
Against

1.87%

Abstention

0.00%

13

Delegation of authority to be granted to the Management Board for the purpose of issuing shares reserved for employees who are members of a company savings plan, with cancellation of the preferential subscription right for the benefit of the latter, shares and / or securities (…)

19,429,938

148,524

0

For

99.24%

Resolution Adopted
Against

0.76%

Abstention

0.00%

14

Overall limitation of authorizations to issue in cash

19,578,462

0

0

For

100.00%

Resolution Adopted
Against

0.00%

Abstention

0.00%

15

Delegation of powers to be granted to the Management Board for the purpose of issuing securities giving access to new shares of the Company, without preferential subscription rights, in the context of an exchange of financial securities

18,760,579

817,883

0

For

95.82%

Resolution Adopted
Against

4.18%

Abstention

0.00%

16

Authorization to be given to the Management Board in order to proceed with the free allocation of shares with cancellation of the preferential subscription right for the benefit of eligible employees or corporate officers of the Company and related companies

18,615,211

963,251

0

For

95.08%

Resolution Adopted
Against

4.92%

Abstention

0.00%

17

Authorization to be given to the Management Board in order to grant options to subscribe or purchase shares to eligible employees or corporate officers of the Company or related companies

18,311,745

1,261,012

0

For

93.56%

Resolution Adopted
Against

6.44%

Abstention

0.00%

18

Delegation of powers to be granted to the Management Board in order to increase the share capital by incorporating reserves, bonuses, profits or others in accordance with article L. 225-130 of the French Commercial Code

18,317,450

16.362

0

For

99.92%

Resolution Adopted
Against

0.08%

Abstention

0.00%

19

Authorization to be given to the Management Board to reduce the share capital by canceling shares

19,562,100

334,137

0

For

98.29%

Resolution Adopted
Against

1.71%

Abstention

0.00%

The minutes of the Combined General Meeting will be available soon on the Company’s website: https://www.ciments-hoffmann.fr/investisseurs/espace-actionnaires/assemblees-generales/

Financial calendar:

  • 2020 half-year sales and results, October 5, 2020 (post-market)

About Hoffmann Green Cement Technologies

Founded in 2014, Hoffmann Green Cement Technologies designs, produces and markets innovative, highly decarbonated cements with a significantly reduced carbon footprint compared to traditional cement.

Fully aware of the environmental emergency and the need to reconcile the construction sector, cement manufacturing and the environment, the Group considers that it is at the origin of a real technological breakthrough based on the modification of the composition of the cement and the creation a cold and clean manufacturing process, without clinker.

Hoffmann Green cements, manufactured today on a first 4.0 industrial site, without oven or chimney, in Vendée, address all the markets of the construction sector and present, in equivalent dosage and without any modification of the manufacturing process of the concrete, performance superior to traditional cement.

For more information : www.ciments-hoffmann.fr

Business Wire 2020

All the news on HOFFMANN GREEN CEMENT TECH

CA 2020 6.70 M
7.52 M
2020 net result -0.90 M
-1.01 M
2020 net debt

PER 2020 -284x
2020 yield
Capitalization 248 M
279M
VE / CA 2019
Capi. / CA 2020 37.1x
Number of Employees 16
Floating 23.0%

Graphic HOFFMANN GREEN CEMENT TECHNOLOGIES SA

Tough :

Period:

Hoffmann Green Cement Technologies SA: Technical analysis chart Hoffmann Green Cement Technologies SA | Stock exchange area

Technical analysis trends HOFFMANN GREEN CEMENT TECH

Short term Middle term Long term
Trends Neutral Neutral Neutral

Evolution of the Result Account

Consensus

Sale

Purchase

Average recommendation BUY
Number of Analysts 1
Average course objective

€ 21.70

Last Closing Course

€ 18.25

Deviation / High Target 18.9%
Deviation / Average Goal 18.9%
Deviation / Low Target 18.9%

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