Aegis says Bollore defeated for 4th time at AGM on appointing nominees |
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Published
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Fri, 25 May 2007 15:47
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LONDON (Thomson Financial) - Aegis Group PLC said its shareholders have defeated Groupe Bollore's resolutions for a fourth time to nominate its two representatives to the Aegis Board.This is the fourth time since July 2006 that shareholders have rejected the Bollore nominees -- Philippe Germond and Roger Hatchuel.Last month, Aegis had recommended its shareholders to vote against Bollore's resolution at the AGM, saying a rejection was 'in the interests of good corporate governance'.Chairman of Aegis, Colin Sharman said: 'Shareholders have seen no change in circumstances to alter their opposition to Board representation for Groupe Bollore -- reflecting the importance they attach to keeping the Aegis Board completely independent of a competitor.'tf.TFN-Europ_newsdesk@thomson.comrku/cmlCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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Aegis advises shareholders to reject Bollore board nominees again 