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Sika expands scope for capital increases

Baar ZG, January 2022

The shareholders of Sika have approved an increase in the conditional capital of the globally active Zug building materials group. Gordana Landen is to be elected to the Board of Directors at the next ordinary General Assembly.

Sika shareholders support expanding Sika’s scope for capital increases. The Zug-based group for specialty chemicals in the construction and automotive industries announced in a press release that they approved the increase in conditional capital from currently almost 15.6 million registered shares with a nominal value of CHF 0.01 each to almost 18.8 million registered shares with the same nominal value . Due to the pandemic, the corresponding vote at the Extraordinary General Meeting on January 25 was organized via an independent proxy.

In the same announcement, Sika also announces plans for a change in the Board of Directors. Gordona Landen is to be seated here at the next ordinary General Assembly on April 12. The Swedish citizen comes from HR administration and was most recently active in the management of the Adecco Group .

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