94.72% voting rights represented at Belgium's Picanol general meeting

17 May '22

1 min read

Pic: Picanol Group

At the general meeting of Picanol, a Belgian diversified industrial group, for the financial year 2021, out of a total of 33,531,234 voting rights, 31,761,316 voting rights (94.72 per cent) were represented. The general meeting approved the financial statements, the allocation of results, the remuneration report, and the remuneration policy.

The general meeting also granted discharge to the directors and the statutory auditor for the performance of their duties for the financial year ending December 31, 2021, the company said in a press release.

Following a proposal by the board of directors, the general meeting approved a gross dividend of €0.20 per share. The dividend (coupon no. 12) will be payable with effect from May 20, 2022 (ex-date: May 18, 2022 – record date: May 19, 2022).

On the recommendation of the board of directors, the general meeting decided to renew the mandate of Stefaan Haspeslagh as executive and non-independent director. His mandate was renewed for a period of four years, i.e. until the end of the ordinary general meeting that approves the financial statements for the 2025 financial year.

Fibre2Fashion News Desk (RR)

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