Viridien disclose voting rights and share structure

News provided byViridien · 1 min read

Viridien, a French société anonyme with a registered share capital of €7,219,747, has disclosed information regarding its total number of voting rights and shares. The company, which is headquartered at 27 avenue Carnot in Massy, France, adheres to French commercial and financial regulations.

According to the provisions of Article L. 233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the French Financial Markets Authority (AMF), all of the company's shares are designed to have equal voting rights. However, there are specific exceptions: treasury shares, which are shares held by the company itself, do not have any voting rights. Additionally, shares that have been registered for more than two years are granted double voting rights.

The company also complies with Article 223-11 of the General Regulation of the French Financial Markets Authority, which mandates the calculation of theoretical voting rights. This calculation takes into account both single and double voting rights, with treasury shares being excluded from the voting rights pool.

These regulations are essential for ensuring transparency and compliance in corporate governance, particularly in a French context where such legal frameworks are rigorously enforced. Viridien's adherence to these rules underscores its commitment to maintaining clear and consistent corporate practices.

The information provided is crucial for stakeholders, including shareholders, potential investors, and regulatory bodies, as it offers a clear picture of the voting structure within the company. This transparency is vital for maintaining trust and ensuring that all shareholders have a fair and equal say in the company's decision-making processes.

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