Key Developments For Von Roll Holding A.G.
Von Roll Holding A.G. (ROLZ.D) (Dusseldorf Stock Exchange)
Von Roll Holding AG Declares FY 2008 Dividend
Von Roll Holding AG announced that the shareholders at Annual General Meeting approved the fiscal year 2008 dividend payment of CHF 0.20 per share. For the fiscal year 2007 the Company distributed dividend of CHF 0.10 per share.
Von Roll Holding AG Receives Order from Electric Corporation Ltd.
Von Roll Holding AG announced that it has received an order, totaling USD 24.9 million, from the Israeli company Electric Corporation Ltd. (IEC) for the delivery of Company's Von Roll Elco Transformers.
Von Roll Holding AG Proposes FY 2008 Dividend
Von Roll Holding AG announced that the Board of Directors will propose to the Annual General Meeting the fiscal year 2008 dividend payment of CHF 0.20 per share. For the fiscal year 2007 the Company distributed dividend of CHF 0.10 per share.
Von Roll Holding AG to Found Bank von Roll AG
Von Roll Holding AG announced that it has completed its preparations to found a bank under the name Bank von Roll AG. The banking license issued at the end of 2008 by the Swiss Federal Banking Commission provided the basis to begin operating activities as a bank. The emphasis of Bank von Roll AG's activities is in the areas of classic asset management and investment advice for private customers and institutional investors. Bank von Roll AG is a limited company headquartered in Zurich, founded according to Swiss law. The company was founded on December 19, 2007 under the name Von Roll Finanz AG and was entered into the Commercial Register of the Canton of Zurich on December 21, 2007. The change of name to Bank von Roll AG was effected by agreement of the extraordinary general meeting on January 19, 2009. The shareholders of Von Roll Holding AG are being offered a number of shares in Bank von Roll AG proportional to their current shareholding. 5,000 bearer shares of Von Roll Holding AG entitle the bearer to subscribe to one new registered share of Bank von Roll AG with a nominal value of CHF 500. The subscription period runs from January 26, 2009 to February 20, 2009.
Von Roll Holding AG Acquires Manufacturer of Power Transmission and Distribution Equipment in Israel
Von Roll Holding AG announced that it has signed an agreement with Electra Ltd. to acquire 80% of Enerco Enterprises (former Elco Transformers). Enerco is a global manufacturer of solutions for power transmission and distribution. Enerco has a base in Israel and abroad, including the US and Canada, with manufacturing technologies and facilities.
