STMicroelectronics : ST Shareholders Adopt All Resolutions at the 2014 Annual
AMSTERDAM, The Netherlands, June 13, 2014 (GLOBE NEWSWIRE) --
STMicroelectronics (NYSE: STM), a global semiconductor leader serving
customers across the spectrum of electronics applications, announced today
that all the proposed resolutions were adopted at the Company's Annual General
Meeting of Shareholders (AGM), which was held in Amsterdam, the Netherlands,
on June 13, 2014.
The main resolutions, proposed by the Supervisory Board, were:
*The reappointment of Mr. Carlo Bozotti as the sole member of the Managing
Board and the Company's President and Chief Executive Officer for a
three-year term, expiring at the 2017 Annual General Meeting;
*The reappointment for a three-year term, expiring at the 2017 Annual
General Meeting, of the following members of the Supervisory Board:
Messrs. Didier Lombard, Jean d'Arthuys, Jean-Georges Malcor and Alessandro
*The appointment, as new members of the Supervisory Board, for a three-year
term expiring at the 2017 Annual General Meeting, of Ms. Heleen Kersten
and Mr. Maurizio Tamagnini in replacement of Mr. Tom de Waard and Mr.
Bruno Steve, whose terms expired;
*The adoption of the Company's 2013 Statutory Annual Accounts prepared in
accordance with International Financial Reporting Standards;
*The distribution of a cash dividend per common share of US$0.10 in the
second quarter of 2014 and of US$0.10 in the third quarter of 2014, to be
paid in June and September of 2014, respectively, to shareholders of
record in the month of each quarterly payment. The first payment date will
be on June 26^th, 2014 for Euronext Paris and Borsa Italiana and on July
1^st, 2014 for the New York Stock Exchange (for additional details on the
dividend payment and ex-dividend dates, please refer to the table below);
*The appointment of PricewaterhouseCoopers Accountants N.V. as the
Company's external auditor for the 2014 and 2015 financial years.
The complete agenda and all relevant detailed information concerning the 2014
STMicroelectronics N.V. Annual General Meeting, as well as all related
materials, are available on the Company's website (www.st.com) and have been
made available to shareholders in compliance with legal requirements.
The draft minutes of the AGM will be posted on the Annual General Meeting page
of the Company's website (www.st.com) at the end of June 2014.
Additionally, STMicroelectronics' 2013 accounts, reported in accordance with
U.S. GAAP, were filed with the U.S. Securities and Exchange Commission on Form
20-F on March 5, 2014.
The table below summarizes the full schedule for the quarterly dividends:
Ex-dividend Global Payment NYSE Transfer between New York
Quarter Date Record Date in Payment and Dutch registered shares
(globally) Date Europe Date: on restricted:
From End of Until Open
Business in of
Europe on: Business
in NY on:
Q2 2014 23-Jun-14 25-Jun-14 26-Jun-14 01-Jul-14 23-Jun-14 26-Jun-14
Q3 2014 22-Sep-14 24-Sep-14 25-Sep-14 30-Sep-14 22-Sep-14 25-Sep-14
Q4 15-Dec-14 17-Dec-14 18-Dec-14 23-Dec-14 15-Dec-14 18-Dec-14
Q1 23-Mar-15 25-Mar-15 26-Mar-15 31-Mar-15 23-Mar-15 26-Mar-15
(*) The fourth quarter 2014 and first quarter 2015 dividends will be decided
during the fourth quarter of 2014.
ST is a global leader in the semiconductor market serving customers across the
spectrum of sense and power and automotive products and embedded processing
solutions. From energy management and savings to trust and data security, from
healthcare and wellness to smart consumer devices, in the home, car and
office, at work and at play, ST is found everywhere microelectronics make a
positive and innovative contribution to people's life. By getting more from
technology to get more from life, ST stands for life.augmented.
In 2013, the Company's net revenues were $8.08 billion. Further information on
ST can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS: MEDIA RELATIONS:
Tait Sorensen Nelly Dimey
Group VP, Investor Relations Director, Corporate Media and Public Relations
Tel: +1 602 485 2064 Tel: + 331 5807 77 85
AGM PRESS RELEASE http://hugin.info/152740/R/1792971/617178.pdf
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