UBSlaunches second global competition to find innovative solutions for the bank ofthe future
UBS Group AG (UBSG), has been informed by GIC Private Limited that it intends to sell up to 93 million existing shares in UBS Group AG, equivalent to 2.4% of the outstanding shares and voting rights in UBS Group AG through an accelerated bookbuild offering to institutional investors.
UBS shareholders approved all the Board of Directors' proposals at today's Annual General Meeting in Basel. Shareholders confirmed the re-election of the Chairman and the members of the Board of Directors. They elected Julie G. Richardson as a new member of the Board. They approved the payout of an ordinary dividend of CHF 0.60 per share, unchanged from the previous year. They approved the proposals relating to the remuneration of the members of the Board of Directors and the Group Executive Board and accepted the Compensation Report 2016. 1,377 shareholders attended the meeting, representing 2,197,313,223 votes.
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