Home / Knowledge / News / Textiles / Picanol BoD approves dividend of €0.10 per share for 2014
Picanol BoD approves dividend of €0.10 per share for 2014
Apr '15
At the general meeting of Netherlands based and weaving technologies producer, Picanol NV it was proposed to pay a dividend of €0.10 per share for 2014.

The dividend or also called coupon no. 5 will be payable to shareholders of record as on April 21, 2015.

“Out of a total of 17,700,000 outstanding shares, 15,755,704 or 89.02 per cent were either present or represented at the meeting,” Picanol said in a press release.

The general meeting approved the annual accounts, the annual report and the proposed appropriation of the results.

The general meeting also granted discharge to the members of the board of directors and the statutory auditor.

Following a proposal of the board of directors, the general meeting has extended the mandate of Kantoor Torrimmo, represented by Jean-Pierre Dejaeghere, as independent director.

On the recommendation of the audit committee, the general meeting has also appointed Deloitte Bedrijfsrevisoren, as statutory auditor with a mandate of three years.

The general assembly also agreed to grant a director's fee to Luc Tack with retrospective effect from January 1, 2015.

The general meeting decided to publish 2015 half-year results on August 26, 2015, annual results on March 9, 2016 and hold the next general meeting on April 20, 2016.

Picanol develops, produces and markets high-tech weaving machines built with a synthesis of technological know-how and experience built up over more than half a century.

About 2,600 weaving mills around the world use Picanol machinery, totalling to more than 175,000 weaving machines. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Courtesy: TAL Group

Apparel/Garments | On 24th Oct 2016

TAL’s new garment factory goes operational in Vietnam

A new garment factory of the Hong Kong based TAL Group has become...

Information Technology | On 24th Oct 2016

X-Rite Pantone unveils appearance exchange file format

X-Rite Pantone, X-Rite Incorporated subsidiary that offers colour...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search