Feb 24, 2014 Düsseldorf / Germany
Henkel family extends share-pooling agreement
Henkel AG & Co. KGaA has been notified today that the Henkel family has extended its share-pooling agreement, which covers around 59 percent of the ordinary shares with voting rights in the company. The contract, which could originally be first terminated as of December 31, 2016, has been concluded for an indefinite term and can now first be terminated as of December 31, 2033.
“The Henkel family looks with pride at the company’s 137-year history. ‘The company comes first’ has been our credo for generations. The extension of the share-pooling agreement shows our commitment to the company and reinforces the family’s successful tradition of supporting the company’s long-term development as majority shareholder,” said Simone Bagel-Trah, Chairman of the Supervisory Board and the Shareholders’ Committee and representative of the Henkel family.
In December 2013 the Henkel family increased the amount of ordinary shares in the share-pooling agreement from 53.65% to 58.68%.
“We are very pleased with the clear and long-term commitment of the Henkel family to the company. It shows that the family puts trust into our strategy and the company’s future development and further potential”, said Chief Executive Officer Kasper Rorsted.