May 10, 2012
Source: TE Connectivity Ltd.
SCHAFFHAUSEN, Switzerland, May 10, 2012 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today announced that it will hold an extraordinary general meeting of shareholders (EGM) on Wednesday, July 25, 2012 at 1:00 p.m., Eastern Daylight Time/7:00 p.m., Central European Summer Time at the offices of Tyco Electronics Corporation, a TE Connectivity Ltd. company, 1050 Westlakes Drive, Berwyn, Pennsylvania 19312, U.S.A.
At the EGM, shareholders will be asked to approve the classification of TE's reserves from capital contributions on its Swiss statutory balance sheet. The deadline for the submission of shareholder proposals for the EGM is discussed in a Form 8-K filed by TE today with the U.S. Securities and Exchange Commission (SEC).
Shareholders who are registered with voting rights in TE's share register as of the close of business (EDT) on July 5, 2012 (the record date) will be entitled to vote on the matters presented at the EGM. Beneficial owners whose shares are held by nominees registered with voting rights in TE's share register on their behalf as of the same time and date will be entitled to instruct nominees to vote on the matters presented at the EGM.
In order to vote or give instructions to vote (as applicable) at the EGM, holders of record and beneficial owners who hold shares at the close of business (EDT) on or after June 6, 2012 must continue to hold those shares at the close of business (EDT) on July 5, 2012.
Full details about voting at the EGM will be provided in TE's preliminary proxy statement for the EGM, which is expected to be filed on or about May 25, 2012 with the SEC. A copy of the definitive proxy statement relating to the EGM, together with a proxy card, will be mailed to each shareholder registered in TE's share register as of the close of business (EDT) on June 6, 2012 and to any additional shareholders who are registered in TE's share register as of the close of business (EDT) on July 5, 2012. Shareholders are urged to read the definitive proxy statement which will contain important information.
TE will request that banks, brokerage firms and other nominees who hold TE shares on behalf of beneficial owners as of the close of business (EDT) on June 6, 2012 forward the proxy statement, together with a proxy card or voting instruction card, to those beneficial owners and to do the same for any additional beneficial owners who acquire their shares after the close of business (EDT) on June 6, 2012 and continue to hold them at the close of business (EDT) on July 5, 2012.
ABOUT TE CONNECTIVITY
TE Connectivity (NYSE: TEL) is a global, $14 billion company that designs and manufactures approximately 500,000 products that connect and protect the flow of power and data inside the products that touch every aspect of our lives. Our nearly 100,000 employees partner with customers in virtually every industry—from consumer electronics, energy and healthcare, to automotive, aerospace and communication networks—enabling smarter, faster, better technologies to connect products to possibilities. More information on TE Connectivity can be found at http://www.te.com.
SOURCE TE Connectivity Ltd.Media Relations: Amy Shah, TE Connectivity, +1-610-893-9555, firstname.lastname@example.org; or Brian Schaffer, CJP Communications, +1-212-279-3115, email@example.com; or Investor Relations: Keith Kolstrom, TE Connectivity, +1-610-893-9551, firstname.lastname@example.org