Borregaard ASA Shares Significant Proxy Votes for Meeting

Borregaard ASA's Upcoming Annual General Meeting
Borregaard ASA is gearing up for its Annual General Meeting (AGM), scheduled for 10 April. A significant aspect of this meeting involves the voting rights associated with shares held in the company. Notably, Mr. Helge Aasen, who is the Chair of the Board of Directors, has been delegated proxy voting rights for a substantial number of shares.
Proxy Voting Details
At this AGM, Mr. Aasen will represent voting rights for 7,137,969 shares. This delegation reflects a remarkable percentage, amounting to 7.14% of Borregaard ASA's total outstanding shares. Such a share represents a considerable voice in the decision-making processes that will take place during the meeting.
Mr. Aasen's Personal Shareholding
In addition to the proxies he will be handling, Mr. Aasen personally holds 4,500 shares in Borregaard ASA. His active role as Chair combined with this shareholding underscores his significant involvement and commitment to the company.
Understanding Proxy Votes in Corporate Governance
Proxy votes serve a vital function in corporate governance, enabling shareholders who are unable to attend meetings in person to still participate in shaping the company's direction. These votes are crucial, especially in instances where key decisions regarding the company's future are laid before shareholders. Mr. Aasen's representation of over 7 million shares amplifies the weight of his influence in the upcoming discussions.
The Importance of Shareholder Engagement
Active shareholder engagement is essential for any corporation. It helps ensure transparency and fosters a solid relationship between the board and its stakeholders. By having proxies in place, Borregaard ASA encourages shareholders to make their voices heard, even if they are not physically present at the AGM.
Contact Information for Stakeholders
For those interested in learning more about Borregaard ASA and its upcoming AGM, contact information is readily available. Lotte Kvinlaug, the Investor Relations Officer, can be reached at +47 922 86 909. This openness facilitates communication and provides stakeholders with the opportunity to discuss any inquiries they may have.
Frequently Asked Questions
What is the date of Borregaard ASA's Annual General Meeting?
The AGM is scheduled for 10 April.
Who holds the proxy voting rights for Borregaard ASA?
Mr. Helge Aasen, Chair of the Board, has been assigned the proxy voting rights for the meeting.
How many shares will Mr. Aasen represent at the meeting?
He will represent voting rights for 7,137,969 shares, which is 7.14% of the total outstanding shares.
What is Mr. Aasen’s personal shareholding in the company?
Mr. Aasen holds a personal shareholding of 4,500 shares in Borregaard ASA.
Who can be contacted for more information regarding the AGM?
Lotte Kvinlaug, the Investor Relations Officer, is available for questions at +47 922 86 909.
About The Author
Contact Kelly Martin privately here. Or send an email with ATTN: Kelly Martin as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.