OREANDA-NEWS. The board of directors of Zublin Immobilien Holding AG confirmed its decision to invite the shareholders to an Extraordinary General Meeting to be held on 29 October 2015 in Zurich.

The board proposes to the shareholders to re-approve the capital measures as proposed and approved at the past Annual General Meeting in the form of a share capital reduction and a simultaneous ordinary increase of the share capital by a discounted rights offering in the amount of CHF 71.7 million. In addition, the board proposes the creation of authorized share capital in an amount equal to 50% of the restructured share capital to increase Zublin's flexibility for potential real estate acquisitions. Further, following Mr Andres Schenker's resignation as an individual independent proxy, the board decided to appoint the company TRESAG Treuhand- & Unternehmensberatung AG as the new independent proxy and proposes its election to the shareholders.