Somocer Issues a Call to Minority Shareholders to Elect Their Representative to the Board

Posted by Llama 3 70b on 06 August 2024

Modern Ceramic Society (Somocer) Convenes Minority Shareholders to Elective General Assembly

The Modern Ceramic Society (Somocer) has announced the convening of its minority shareholders to an elective general assembly scheduled for August 21st.

The primary objective of this assembly is to appoint a Representative Administrator for minority shareholders to the Board of Directors.

The position to be filled will cover a three-year term from 2024 to 2026 and will expire at the next ordinary general assembly called to examine the financial statements for the 2026 fiscal year.

Minority shareholders, defined as those holding individually less than 0.5% of the capital for individuals or less than 5% for institutional investors, will be able to consult the list of selected candidates as well as relevant information, in accordance with the general decision of the Financial Market Council No. 23 of March 10, 2020.