Worthington Steel Issues Statement Ahead of Kloeckner & Co Extraordinary General Meeting
Business Wire•21/10/2026•02:53 ET
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Key Highlights
- ➤Oct. 23 EGM will include the vote on Kloeckner’s DPLTA implementation
- ➤75% capital majority is required for DPLTA approval
- ➤Worthington Steel will wait at least one year before pursuing another DPLTA vote
- ➤DPLTA remains subject to shareholder approval and commercial-register registration
Worthington Steel Issues Statement Ahead of Kloeckner & Co Extraordinary General Meeting
In relation to the upcoming extraordinary general meeting (EGM) of Klöckner & Co SE (Kloeckner) and in response to investor inquiries, especially as it concerns the vote on the implementation of a domination and profit and loss transfer agreement (DPLTA), Worthington Steel, Inc. (NYSE: WS) makes the following statement:
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