BUCHAREST - Fondul Proprietatea S.A. has announced the availability of electronic voting for its upcoming shareholder meetings. Shareholders can now use the eVOTE online platform to cast their votes ahead of the Extraordinary and Ordinary General Shareholders' Meetings scheduled for December 2, 2024.
Shareholders registered in the company's register by the GSM Reference Date of November 15, 2024, are eligible to participate in the electronic voting process. The eVOTE platform opened on Friday and will remain accessible until 11:00 AM for the Extraordinary General Meeting (EGM) and 12:00 PM for the Ordinary General Meeting (OGM) on November 29, 2024, Romanian time.
The electronic voting system is provided as an alternative to the traditional methods, which include voting by correspondence or in person at the meeting. This initiative is part of Fondul Proprietatea's efforts to facilitate shareholder participation and streamline the voting process.
The Fund, managed by Franklin Templeton International Services S.À R.L., has published detailed procedures for electronic voting on its website, where shareholders can also find supporting documentation for the meetings.
The use of electronic platforms for shareholder voting is becoming increasingly common, offering a convenient option for those unable to attend meetings in person. It also reflects a broader trend towards digitalization and improved corporate governance practices.
Fondul Proprietatea, listed on the Bucharest Stock Exchange with shares and on the London Stock Exchange (LON:LSEG) with Global Depositary Receipts (GDRs), is known for its diversified investment portfolio. The availability of electronic voting is expected to increase engagement among its widespread shareholder base.
This move towards electronic voting is based on a press release statement from the company and aligns with Fondul Proprietatea's commitment to accessibility and shareholder rights.
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