EVS Broadcast Equipment

May 17, 2011 12:11 ET

EVS Broadcast Equipment: 2011 Ordinary General Meeting

LIEGE, BELGIUM--(Marketwire - May 17, 2011) -

EVS shareholders approve a total Gross Dividend of EUR 2.64 and the appointment of Yves Trouveroy as new Director

Liège - Belgium, May 17, 2011, EVS Broadcast Equipment S.A. (Euronext Bruxelles: EVS.BR, Bloomberg: EVS BB, Reuters: EVS.BR), (Pinksheets: EVBEF), the leader in Professional Digital Video applications for live and studio TV production, held today its Annual Ordinary Meeting of Shareholders.

42 shareholders representing 2,660,506 shares, or 19.5% of the company shares, attended physically or by proxy the shareholders meeting at EVS Head Office. All Board propositions have been approved and in particular the following points:

100% of the represented shareholders approved a total gross dividend of EUR 2.64 for fiscal year 2010 which implies the payment of a final gross dividend of EUR 1.48 (EUR 1.11 after payment of withholding tax of 25%, ex-date May 26, 2011, and payment date June 1, 2011).

The shareholders also approved all proposed Board mandates renewals or first election: Francis Bodson, renewal for 3 years (approved by 98% of the votes), Jean-Pierre Pironnet, 3 years (85%), Jean Dumbruch, 3 years (98%), Christian Raskin, independent Director, 3 years (100%), appointment of Yves Trouveroy, independent Director, 1 year (100%).

Thereby, Yves Trouveroy joins the Board: * Yves Trouveroy (49) is Partner at E-Capital Equity Management, the management company of the private equity funds E-Capital I (1999) and E- Capital II (2007) that invest in Belgian small and medium-sized companies. Before 1999, he practiced as Lawyer at De Bandt, van Hecke & Lagae and then served as executive in the International Trade & Project Finance and Corporate Investment Banking departments of Generale Bank (Fortis). He holds a law degree from the Université Catholique de Louvain and a Masters of Laws from New York University

Laurent Minguet, who successfully co-founded the company with Pierre L'Hoest (CEO) and Michel Counson (CTO) back in 1994, has not asked for the renewal of his mandate. He left the operational management of EVS back in 2004, to start and develop XDC (subsidiary of EVS, active in digital cinema) until the end of 2007. Since then, he is involved in many other projects. The Board wants to express its deep gratitude for the continued and essential support of Laurent Minguet and his longstanding commitment to the development of the company.

An Extraordinary General Meeting will be called in the second half of 2011, in order to adapt the bylaws of the company to the new rules relating to shareholders' rights, which will enter in force on January 1, 2012.

The documents relating to the shareholders' meeting, including the minutes and the results of the votes, are available on www.evs-global.com in the Investor Relations section, "General Meetings" page.

Corporate Calendar: Tuesday May 17, 2011 Ordinary General Meeting Thursday May 26, 2011 Final Dividend Ex-date Coupon 12 Wednesday June 1, 2011 Final Dividend Payment date Coupon 12 Thursday August 25, 2011 2Q11 earnings Thursday November 3, 2011 Extraordinary General Meeting Thursday November 10, 2011 3Q11 earnings Monday November 21, 2011 Postponed Extraordinary General Meeting (if needed)

About EVS Group EVS Broadcast Equipment designs, develops and markets professional digital equipment for Television. The company employs over 375 persons (FTE) in 16 countries and sells its products to professionals of the video and audio sectors in more than 100 countries. EVS is a public company traded on Euronext Brussels: EVS, ISIN: BE0003820371. For more information, refer towww.evs- global.com, www.evs.tv EVS Broadcast is the world leader for Live TV Production Digital Disk Recorders and Related Software Applications, especially in the field of sports. The company's dedicated hardware and software suite offer a complete production platform: live slow motion (LSM), high speed slow motion, replay only, clips generation, quick clips editing, real-time SD/HD video files transfer, time delay, multi-camera recording, metadata association, graphics storage and play- out, digital transmission, multi-format ingest and play-back, audio record & edit, webcasting, mobile phone clipping. Main software applications like the "IP Director®" are running on the dedicated robust and flexible hardware the "XT[2]® Platform". The world's leading broadcasters, such as NBC, BSkyB, FOX, RTBF, RTL, NHK, CANAL+, ABC, ESPN, TF1, CCTV, PBS, CBS, BBC, ZDF, Channel One, Channel7, RAI, TVE, NEP, MEDIAPRO, EUROMEDIA, BEXEL, ALFACAM and many others use EVS' solutions. XDC, of which EVS owns 41.3%, is the European leader for Digital Cinema technology and services in Europe with more than 3,800 committed digital screens in 11 European countries (Germany, Switzerland, Spain, Austria, Portugal, Belgium, The Netherlands, Hungary, Czech Republic, Slovakia and Poland) out of which 2,000 have already been deployed.www.xdcinema.com

Press release in pdf format: http://hugin.info/133958/R/1516637/452961.pdf

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Source: EVS Broadcast Equipment via Thomson Reuters ONE


Contact Information

  • For more information, please contact:
    Jacques GALLOY
    Director & CFO
    Geoffroy d'OULTREMONT
    Investor Relations & Corporate Communications Manager
    EVS Broadcast Equipment S.A.
    Liege Science Park
    16 rue du Bois Saint-Jean, B-
    4102 Ougree (Liege), Belgium
    Tel: +32 4 361 70 14.
    E-mail: Email Contact