GlobeNewswire

AMG Advanced Metallurgical Group N.V. Publishes Agenda for the 2020 Annual Meeting

Share

Amsterdam, 25 March 2020--- AMG Advanced Metallurgical Group N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) has published its Agenda and Explanatory Notes for the 2020 Annual General Meeting which is scheduled to take place on May 6, 2020 in Amsterdam.

Given the presence of COVID-19 (Novel Coronavirus) in the Netherlands, and the restrictive measures in place for gatherings of people, AMG is planning for a meeting that provides shareholders the opportunity to attend the 2020 Annual General Meeting as virtual attendees, as it assumes that no shareholders or their representatives will attend the meeting in person. In addition, shareholders will have the possibility to exercise voting rights by providing proxy instructions. Furthermore, given the extraordinary circumstances, the Company offers the opportunity to submit questions relating to the agenda items of the 2020 Annual General Meeting prior to the meeting.

The Company continuously monitors developments and Government measures relating to the COVID-19 situation in the Netherlands. Shareholders are given notice hereby that AMG reserves the right to make further adjustments to, or to set (other) conditions in respect of, amongst other things, the location, timing, attendance, scope and agenda of the 2020 Annual General Meeting if circumstances, including the latest Dutch Government instructions, so demand. Due to the current measures in place and/or any potential new developments, the Company as well reserves the right to postpone the 2020 Annual General Meeting until a later date. Shareholders are advised to regularly check the Company's website (www.amg-nv.com) for updates until the date of the meeting.

The Agenda and Explanatory Notes including instructions for shareholders to attend the meeting as virtual attendees and/or to exercise their voting rights by providing (electronic) voting instructions prior to the meeting,  are available to investors and other interested parties via the AMG website (www.amg-nv.com). Further information concerning the 2020 Annual General Meeting can be requested by contacting AMG via email at info@amg-nv.com.

About AMG

AMG is a global critical materials company at the forefront of CO2 reduction trends. AMG produces highly engineered specialty metals and mineral products and provides related vacuum furnace systems and services to the transportation, infrastructure, energy, and specialty metals & chemicals end markets.

AMG Critical Materials produces aluminum master alloys and powders, ferrovanadium, natural graphite, chromium metal, antimony, lithium, tantalum, niobium and silicon metal. AMG Technologies produces titanium aluminides and titanium alloys for the aerospace market; designs, engineers, and produces advanced vacuum furnace systems; and operates vacuum heat treatment facilities, primarily for the transportation and energy industries.

With approximately 3,300 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, the Czech Republic, the United States, China, Mexico, Brazil, India, Sri Lanka and Mozambique, and has sales and customer service offices in Russia and Japan (www.amg-nv.com).

For further information, please contact:
AMG Advanced Metallurgical Group N.V.         +1 610 975 4979
Michele Fischer
Vice President Investor Relations
mfischer@amg-nv.com

Disclaimer

Certain statements in this press release are not historical facts and are “forward looking”.  Forward looking statements include statements concerning AMG’s plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG’s competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG’s business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information.  When used in this press release, the words “expects,” “believes,” “anticipates,” “plans,” “may,” “will,” “should,” and similar expressions, and the negatives thereof, are intended to identify forward looking statements.  By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward looking statements will not be achieved.  These forward looking statements speak only as of the date of this press release.  AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statement contained herein to reflect any change in AMG's expectations with regard thereto or any change in events, conditions, or circumstances on which any forward looking statement is based.

Attachment

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Kitron: Allocation of options10.7.2020 13:15:00 CESTPress release

On 10 July 2020, the board of directors of Kitron ASA resolved to issue 1,400,000 options to senior management, whereof 150 000 options are re-allocated from Subprogram A (2019-2022) and 1,250,000 options are from Subprogram B (2020-2023). The options are issued in accordance with Kitron's long term incentive program 2019-2022 and the board of directors' declaration on salaries and other remuneration to the senior executive management, as approved by Kitron annual general meeting held 23 April 2020. The share option program and properties of the options are described in note 19 and 28 in Kitron's annual financial statements for 2019. The options are allocated to the management as follows: CEO and President Peter Nilsson received 560,000 options. After the allocation Peter Nilsson holds 760,000 options and 2,079,182 shares in Kitron.CFO Cathrin Nylander received 120,000 options. After the allocation Cathrin Nylander holds 270,000 options and 868,752 shares in Kitron.COO Israel Losada Sa

Kitron: Allokering av opsjoner10.7.2020 13:15:00 CESTPressemelding

Styret i Kitron ASA vedtok 10. juli 2020 å utstede 1 400 000 opsjoner til ledelsen, 150 000 opsjoner er re-allokert fra Subprogram A (2019-2022) og 1 250 000 er fra Subprogram B (2020-2023) opsjonene blir utstedt i henhold til Kitrons langsiktige insentivprogram for 2019-2022 og styrets erklæring om fastsettelse av lønn og annen godtgjørelse til ledende ansatte, som vedtatt av ordinær generalforsamling avholdt 23. april 2020. Aksjeopsjonsprogrammet og egenskapene til opsjonene er beskrevet i note 19 og 28 til Kitrons årsregnskap for 2019. Opsjonene er allokert til ledelsen som følger: CEO Peter Nilsson mottok 560,000 opsjoner. Etter tildelingen har Peter Nilsson 760 000 opsjoner og eier 2 079 182 aksjer i Kitron.CFO Cathrin Nylander mottok 120 000 opsjoner. Etter tildelingen har Cathrin Nylander 270 000 opsjoner og eier 868 752 aksjer i Kitron.COO Israel Losada Salvador mottok 120 000 opsjoner. Etter tildelingen har Israel Losada Salvador 270 000 opsjoner og eier 743,831 aksjer i Kitro

Kitron: Q2 2020 – Record performance10.7.2020 12:46:05 CESTPress release

(2020-07-10) Kitron today reported strong growth and record profit for the second quarter driven by Defense/Aerospace, Medical devices and Industry sectors. Kitron's revenue for the second quarter was NOK 1 041 million, an increase of 21 per cent compared to last year. Growth adjusted for currency effects was 11 per cent. Profitability expressed as EBIT margin was 8.5 per cent in the second quarter, compared to 6.6 per cent in the same quarter last year. The order backlog ended at NOK 2 102 million, an increase of 45 per cent compared to last year. Peter Nilsson, Kitron's CEO, comments: "This was a record quarter for Kitron in terms of revenue, profitability and order backlog. Revenue is driven by a robust underlying demand within Defense/Aerospace, Medical and Industry Sectors. Strong performance in all Kitron sites contributed to the profitability of 8.5 per cent. Our third and fourth quarter outlook leaves us confident in reaching our upgraded full year 2020 targets. Our third quart

Kitron: Q2 2020 - Rekordresultater10.7.2020 12:46:05 CESTPressemelding

(2020-07-10) Kitron kan i dag melde om sterk vekst og rekordoverskudd for andre kvartal, drevet av sektorene Forsvar/Luftfart, Medisinsk utstyr og Industri. Kitrons driftsinntekter i andre kvartal var 1 041 millioner kroner, en økning på 21 prosent sammenlignet med fjoråret. Veksten justert for valutaeffekter var 11 prosent. Lønnsomheten uttrykt som EBIT-margin var 8,5 prosent i andre kvartal, mot 6,6 prosent i samme kvartal i fjor. Ordrereserven endte på 2 102 millioner kroner, en økning på 45 prosent sammenlignet med i fjor. Peter Nilsson, Kitrons konsernsjef, kommenterer: – Dette var et rekordkvartal for Kitron når det gjelder driftsinntekter, lønnsomhet og ordrereserve. Driftsinntektene er drevet av robust underliggende etterspørsel innen sektorene Forsvar/Luftfart, Medisinsk utstyr og Industri. Sterk utvikling ved alle alle Kitron-anleggene bidro til marginen på 8,5 prosent. Utsiktene våre for tredje og fjerde kvartal gjør oss trygge på å nå våre oppgraderte mål for hele året 2020

Result of Riksbank reversed auctions SEK bonds10.7.2020 10:07:00 CESTPress release

Auction date2020-07-10 Loan1058Coupon2.50 %ISIN-codeSE0005676608Maturity2025-05-12 Tendered volume, SEK mln500 +/- 250Volume offered, SEK mln1,600Volume bought, SEK mln500Number of bids10Number of accepted bids3Average yield-0.339 %Lowest accepted yield-0.338 %Highest yield-0.341 %% accepted at lowest yield 100.00 Auction date2020-07-10 Loan1060Coupon0.75 %ISIN-codeSE0009496367Maturity2028-05-12 Tendered volume, SEK mln500 +/- 250 Volume offered, SEK mln1,000Volume bought, SEK mln500Number of bids7Number of accepted bids2Average yield-0.208 %Lowest accepted yield-0.208 %Highest yield-0.205 %% accepted at lowest yield 90.00