I-ADVISE reviews domination and profit and loss transfer agreement between Pfeiffer Vacuum Technology AG and Pangea GmbH
The I-ADVISE team led by Dr. Jochen Beumer, as court-appointed contract auditor, has examined the appropriateness of the cash compensation determined and the annual compensation payment based on the concluded domination and profit and loss transfer agreement between Pfeiffer Vacuum Technology AG and Pangea GmbH. The domination and profit and loss transfer agreement requires the approval of the Annual Shareholders Meeting to be held on May 2, 2023.
Pfeiffer Vacuum Technology AG is a company in the area of vacuum technology with around 4,000 employees and sales in fiscal year 2022 of € 917 million. The resolved settlement amount per share reflects a market capitalization of Pfeiffer Vacuum Technology in the amount of approximately € 1.3 billion.