Each shareholder has automatic legal security of permanent common ownership of valuable soil and earth, as well as of the old Riesling vineyards which have grown their roots deep into the crevices over the decades.
Each share is symbolised by a vine in the shareholders’ vineyards. Thus individual vines are symbolically displayed on a map of the vineyard in a display cabinet in the vineyard, showing names, share certificate numbers and locations. The attachment of name plates directly onto the vines is not viable, since weathering causes the mounting and plates themselves to deteriorate rapidly, thus the constant renewal of the plates is not viable.
Every two years all shareholders have the statutory right to a preference dividend in the form of a bottle of wine (0.75 litre). The preference dividends are held free of charge in the cellars of SMW Saar-Mosel-Winzersekt GmbH and at shareholders’ own risk. After this 3 year period, non-collection (by the shareholder themselves or by delivery instructions) is considered as a shareholders` disclaimer for these dividends. The shareholders bear the cost of delivery of the preference dividend wines; free delivery ist only applicable when a minimum order of 18 bottles is placed, as well as an additional order of wine, sparkling wine and/or brandy.
Once a year the MW-AG invites its shareholders to the statutory annual general meeting.
MW-Mosel-Weinberg Aktiengesellschaft
Gilbert Strasse 34, 54290 Trier
Telefon: (049) 651 – 975 29-16, Telefax: (049) 651 – 975 29 20, Email: info@smw-trier.de