Brief: Altin's board of directors rejects proposals of Alpine Select

Alpine Select AG

25/02/2016 06:05

Feb 25 (Reuters) - Altin AG  ALTN.S : 
    * Board of directors of Altin are categorically opposed to 
requested distribution of a gross dividend of 68,994,120 Swiss 
francs (20 Swiss francs per share before deduction of 35 pct 
swiss withholding tax) 
    * Also rejects the proposal to recall three long-standing 
members of the Board and replace them with appointees nominated 
by Alpine Select 
    * Board of directors acknowledges Alpine Select as an 
important shareholder and therefore proposes election of Thomas 
Amstutz as new member of board 
 
Source text for Eikon:  ID:nTENpk977a  
Further company coverage:  ALTN.S  
 
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