According to the shareholder agreement, Pema Holding AG may only invest in the Datwyler Group and in spin-off companies and therefore has no conflict of interest with other investments. The sale of the majority of votes may only be decided by a majority vote. And even this only if Datwyler Holding AG, as an independent group, could no longer continue to be financially successful. In this case, Datwyler Führungs AG and Pema Holding AG would have to be liquidated and the proceeds would have to be transferred to the Datwyler Foundation. Pema Holding AG is comparable to an entrepreneurial family that holds a majority of capital and votes in a listed company. By limiting the shareholder agreement to Datwyler Holding AG, Pema Holding AG enables a management approach that is committed to long-term value creation.
The representatives of the public shareholders on the Board of Directors of Datwyler Holding AG are not members of the Boards of Directors of Pema Holding AG and Datwyler Führungs AG. This succession plan instituted by the Datwyler family was made in 1990 by waiving substantial assets and is unique.
Pema Holding AG currently holds all 22 million nominal shares and 5'094'172 of the total 12.6 million bearer shares of Datwyler Holding AG. This corresponds to 78.31% of the voting rights and 55.85% of the share capital.