Alstom Shareholders approve all submitted resolutions during the Special Meeting and the Combined Shareholders’ Meeting
These Meetings were an opportunity to remind the strategic rationale of the acquisition project of Bombardier Transportation. This project represents a unique opportunity for
Delegations and financial authorizations
The Combined Shareholders’ Meeting approved all resolutions delegating competence to the Board of Directors related to the acquisition and linked to the following capital increases:
- Capital increase with preservation of the shareholders’ preferential subscription right;
- Reserved capital increase for
CDP Investissements Inc. ; - Reserved capital increase for
Bombardier UK Holding Limited .
Governance
The Combined Shareholders’ Meeting also approved the appointment of CDPQ, represented by Ms
At the acquisition closing and taking into account the entry into office of two Directors representing employees on
Once the acquisition is closed, the Board of Directors would thus be composed of 42% women and 67% independent Directors**.
Compensation policy of the Chairman and Chief Executive Officer
The Combined Shareholders’ Meeting approved the modification of the compensation policy of the Chairman and Chief Executive Officer in order to compensate, on the basis of strict conditions, the success of this operation of transformation and the integration of the new entity.
Elimination of double voting rights
The Special Meeting, which gathered shareholders holding double voting rights, as well as the Combined Shareholders’ Meeting, approved the elimination of this mechanism from the company’s articles, thus ensuring to all shareholders the implementation of the “one share-one vote“ principle2.
*Independent Directors
** Excluding Directors representing employees
Shareholder information:
E-mail: investor.relations@alstomgroup.com
Internet: www.alstom.com
In
From abroad: +33 (0) 1 57 06 87 78*
* calls to this number will be charged at your operator's standard international rate.
About | |||
Leading the way to greener and smarter mobility worldwide, | |||
Contacts | Press: Samuel MILLER - Tel.: +33 (1) 57 06 67 74 samuel.miller@alstomgroup.com Coralie COLLET – Tel.: + 33 (1) 57 06 18 81 coralie.collet@alstomgroup.com Investor relations: Julie MOREL - Tel.: +33 (6) 67 61 88 58 julie.morel@alstomgroup.com Claire LEPELLETIER - Tel.: +33 (6) 76 64 33 06 claire.lepelletier@alstomgroup.com |
1 Subject to completion of the acquisition and with effect as from such date
2 Subject to completion of the acquisition and with effect as from such date
Attachment
- Alstom_Shareholders'meetings resolutions_UK_20201029
© OMX, source