Bär & Karrer berät SGS SA bezüglich Wahldividende

At its AGM held on 26 March 2024, SGS SA proposed to shareholders, and an overwhelming majority approved, the right to receive a dividend in the form of either cash or shares of the company (scrip dividend) at the option of eligible shareholders. The shares to be delivered will be valued at a discount of 6% to the market value of the SGS shares, offering attractive tax benefits for shareholders (no withholding tax and no income tax for certain shareholders). The new shares will be sourced by way of an ordinary capital increase also approved by the shareholders at the AGM.

Bär & Karrer acted as legal advisor to SGS SA in this matter. The team consisted of Rolf Watter, Marie-Cristine Kaptan and Gabriela Schiltknecht (all M&A and Capital Markets).