HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC) (the “Company”), a worldwide
supplier of specialty and high-performance Carbon Black, today announced
that it will hold its Annual General Meeting of Shareholders on April
16, 2019. The Company will also hold an Extraordinary General Meeting of
Shareholders on April 16, 2019. The Company has established March 11,
2019, as the record date for both meetings. The convening notice and
agendas for the meetings as well as the proxy card for both General
Meetings of Shareholders of the Company will together with further
materials be published on the website of the Company (https://investor.orioncarbons.com/sec-filings).
The agenda for the Extraordinary General Meeting of Shareholders
includes a resolution on the partial renewal of the Company’s authorized
share capital for a period of five years. Pursuant to Luxembourg law,
the shareholders of the Company may authorize unissued share capital and
permit the Board of Directors to issue shares up to the maximum of this
authorized amount of for a period not exceeding five years. The current
authorized but unissued share capital totaling EUR 29,817,500 will
expire on July 28, 2019. Accordingly, it is proposed that the
Extraordinary General Meeting of shareholders approves the renewal of an
authorized but unissued share capital now only in the amount of EUR
5,000,000, consisting of 5,000,000 common shares. This partial renewal
of the authorized share capital will enable the continued granting,
vesting or exercise of awards pursuant to the Company’s equity incentive
plans.
The Board of Directors issued a report with respect to this resolution,
which will be published on the website of the Company (https://investor.orioncarbons.com/sec-filings).
About Orion Engineered Carbons S.A.
Orion is a worldwide supplier of Carbon Black. We produce a broad range
of Carbon Blacks that include high-performance Specialty Gas Blacks,
Acetylene Blacks, Furnace Blacks, Lamp Blacks, Thermal Blacks and other
Carbon Blacks that tint, colorize and enhance the performance of
polymers, plastics, paints and coatings, inks and toners, textile
fibers, adhesives and sealants, tires, and mechanical rubber goods such
as automotive belts and hoses. Orion runs 14 global production sites and
four Applied Technology Centers. The group has approximately 1,454
employees worldwide. For more information, please visit our website www.orioncarbons.com.
