(Boursier.com) — The shareholders of Cybergun, meeting this Wednesday, June 29 in the Combined General Meeting, voted overwhelmingly in favor of the resolutions supported by General Management. The shareholders present and represented, who made it possible to reach a quorum of 26.2% on the first call, approved all the resolutions.
These resolutions were all approved by more than 96%, with the exception of resolution 16. The latter, relating to the overall ceilings for authorizations of capital increases and debt securities, gave rise to a constructive debate among the shareholders present. Following these discussions, the shareholders agreed to reduce each of these ceilings from 500 ME to 50 ME. This modified resolution was adopted by 85%, taking into account the votes cast before modification.
Hugo Brugière, CEO of Cybergun, specifies: “I am very happy that shareholder democracy has made it possible to reach a consensus on the company’s fundraising capacities. As we have pointed out, we have no need in the short term, nor the intention to solicit the shareholders of the company by setting up a financing line from OCABSA to finance the takeover of Verney-Carron”.
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