99.98% Positive Votes at the Vivendi's Extraordinary General Shareholders' Meeting
29 Marzo 2021 - 08:36AM
Noticias Dow Jones
Regulatory News:
Vivendi's (Paris:VIV) Extraordinary General Shareholders'
Meeting held today in Paris under the chairmanship of Yannick
Bolloré, with a record quorum of 73.33% of shareholders, approved
by 99.98% the two resolutions submitted for vote. The amendment to
the by-laws adopted allows Vivendi to now distribute dividends,
interim dividends, reserves, or premiums by way of the delivery of
assets in kind, including financial securities.
This favorable vote enables the Management Board to continue to
study the planned distribution of 60% of Universal Music Group
(UMG)'s shares to Vivendi's shareholders.
Commenting these results, Arnaud de Puyfontaine, Chairman of the
Management Board and CEO of Vivendi, said: "The unanimous vote in
favor of the two resolutions demonstrates the total support of our
shareholders for our strategy."
Due to the restrictive measures implemented as a result of the
Covid-19 pandemic, the Extraordinary Shareholders' Meeting took
place behind closed doors and was broadcast live on Vivendi's
website and on Dailymotion.
The voting results and a video recording of the Shareholders'
Meeting are available on Vivendi's website at the following
address:
https://www.vivendi.com/en/shareholders-investors/shareholders-meeting/
About Vivendi
Since 2014, Vivendi has been focused on building a world-class
content, media and communications group. In content creation,
Vivendi owns powerful, complementary assets in music (Universal
Music Group), movies and series (Canal+ Group), publishing (Editis)
and video games (Gameloft) which are the most popular forms of
entertainment content in the world today. In the distribution
market, Vivendi has acquired the Dailymotion platform and
repositioned it to create a new digital showcase for its content.
The Group has also joined forces with several telecom operators and
platforms to maximize the reach of its distribution networks. In
communications, through Havas, the Group possesses unique creative
expertise in promoting free content and producing short formats,
which are increasingly viewed on mobile devices. In addition,
through Vivendi Village, the Group explores new commercial
activities in live entertainment, franchises and ticketing that are
complementary to its core activities. Vivendi's various businesses
cohesively work together as an integrated industrial group to
create greater value. www.vivendi.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20210329005513/en/
CONTACT:
Vivendi
SOURCE: Vivendi
Copyright Business Wire 2021
(END) Dow Jones Newswires
March 29, 2021 10:21 ET (14:21 GMT)
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