Siegfried Annual Report 2009

2. Capital structure
2.1 Capital
The share capital of Siegfried Holding is CHF 5,600,000 and
is divided into 2,800,000 fully paid-up registered shares with
a par value of CHF 2 each.
2.2 Changes in capital during the past three
reporting years
There were no changes in capital during the last three years.
2.3 Limitations on transferability and registration
Only persons entered in the share register can exercise the
right to vote and the privileges related thereto. Registration
is subject to the following statutory restrictions:
– Registration requests are considered granted if the company
has not denied them within 20 days after receipt.
– Petitioners must declare in writing that they have acquired
the shares in their own name and account.
– The Board of Directors must deny the request if the petitioner
alone or together with associated persons controls
more than 3% of the voting rights after approval.
– Upon presentation of relevant reasons,
the Board of Directors may approve exceptions.
– To the extent that federal regulations require that the
company be controlled by Swiss citizens, the Board of
Directors must deny the request if the registered foreigner
already controls over 10% of the voting rights or would
do so after registration.
No exceptions were granted during the reporting year.
Corporate Governance
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