English Contact Web map RSS To print GAMESA PRODUCTS AND SERVICES SHAREHOLDERS AND INVESTORS COMMUNICATION SUSTAINABILITY HUMAN CAPITAL START COMMUNICATION NEWS NEWS News Images Presentations Publications Relevant facts Corporate identity Diary Contact Gamesa convenes the Extraordinary Shareholders' Meeting that will give the green light to the merger with Siemens Wind Power September 19, 2016 The various resolutions necessary to carry out the operation will be put to a vote, as well as the distribution of an extraordinary dividend and the expansion of the Board of Directors. Gamesa's Board of Directors today agreed to call the Extraordinary General Shareholders' Meeting to approve the merger operation with the Siemens wind power assets. The Board will be held, predictably, on second call on October 25 in Zamudio (Vizcaya). During the General Meeting, the approval of the various agreements necessary to carry out the merger operation with Siemens Wind Power will be put to a vote. Gamesa will absorb the holding company of Siemens wind assets, through the exchange for newly issued shares of Gamesa, after which Siemens will have 59% of the company and Iberdrola 8%. Likewise, the shareholders will also decide on the distribution of an extraordinary cash dividend for a gross amount of 3.59 1 euros per share, which will be distributed by Gamesa to its shareholders (excluding Siemens) once the merger is concluded. Among the items included in the agenda -and in accordance with the Common Merger Project-, there is also the expansion of the Board of Directors from twelve to thirteen directors, as well as the appointment of new members, who will join once the merger effective (first quarter of 2017). From the merger of Gamesa with the wind assets of Siemens, a world leader will be born, with 69 GW installed worldwide, an order book valued at 21,000 million euros, revenues of 9,900 million euros and an adjusted EBIT of 915 million euros, according to pro forma data for the last twelve months to June 2016. Siemens will consolidate the resulting company in its accounts, which will maintain its registered office in Zamudio and will continue to be listed in Spain. After the approval of the operation by the Board, the merger is subject to the authorization of the competition bodies and the confirmation by the Spanish stock market regulator (CNMV) that Siemens will not have to make a mandatory takeover bid after the closing of the merger. Click here to watch the streaming of the Extraordinary General Shareholders' Meeting. 1 The gross amount of 3.59 euros per share corresponds to the announced dividend of 3.75 euros after deduction of the ordinary dividend of 0.1524 euros, which was already paid by the company on July 4. This ordinary dividend does not reduce the cash of 1,047 million euros contributed by Siemens under the merger agreements. SEARCH ENGINE NEWS Text: Category: All Wind turbines Corporate R&D New business Offshore Wind farms Services Sustainability Date range: Since: Until: GAMESA Strategy Global presence Organization History Business lines Wind power PRODUCTS AND SERVICES Wind turbines Wind farms Services Gamesa Electric Offgrid SHAREHOLDERS AND INVESTORS Acción y capital social Información financiera Gobierno corporativo Fusión Gamesa - Siemens Agenda del inversor Hechos relevantes Notas de prensa Presentaciones Cauces comunicación COMUNICACIÓN Noticias Imágenes Presentaciones Publicaciones Hechos relevantes Identidad corporativa Agenda Contacto SOSTENIBILIDAD Compromisos Índices de sostenibilidad Publicaciones y reconocimientos CAPITAL HUMANO Nuestras personas Portal de empleo Volver Subir © Gamesa 2010 Portal Clientes/Servicios Aviso legal Politica de Privacidad Accesibilidad Conforme W3C: XHTML 1.0 | CSS 2.1 | WAI 'AA