Detailed Insights on Shares and Voting Rights of FNAC

Understanding Shares and Voting Rights Information

Every investor's awareness of the share structure and voting rights is crucial for evaluating a company's governance and financial health. This article outlines the recent updates concerning the total shares and voting rights specifically for FNAC, a prominent player in its industry.

A Snapshot of FNAC's Stock Market Standing

FNAC operates on the Euronext Paris exchange, an essential platform for investors and stakeholders. The current ISIN code for FNAC is FR0011476928, which facilitates easy tracking and trading of its shares. Understanding this framework helps shareholders to stay informed about their investments.

Summary of Shares and Voting Rights

On November 30, 2024, FNAC reported significant details regarding its shares and voting rights, providing clarity for existing and potential investors alike. Here’s a concise breakdown of the key figures:

Breakdown of Current Shares

The total number of shares making up FNAC’s capital stands at 29,587,592. Not only does this number display the scale of the company, but it also underpin the considerable interests involved in FNAC’s operations.

Voting Rights Overview

Equally important are the voting rights associated with these shares. For the period ending November 30, 2024, the total gross voting rights also matched the total number of shares at 29,587,592. However, it’s crucial to note the net voting rights figures, which account for 28,915,287 after deducting shares that are deprived of voting rights.

Implications of Voting Powers

Every shareholder's ability to vote is a powerful element in corporate governance. According to FNAC's Articles of Association, any entity or individual that acquires or drops their shareholding above certain thresholds must notify the company. This is mandated by Article L. 233-8 II of the French Commercial Code, emphasizing transparency and compliance within the market.

The Importance of Compliance

Such guidelines not only fortify governance but also promote accountability among shareholders. For instance, if an investor's stake exceeds 3%, they are required to communicate this change to FNAC in a timely manner, ensuring that the company is fully aware of its shareholder demographics.

Overview of Voting Rights Policy

Under the resolution from FNAC's last General Meeting held on May 29, 2015, it was determined that double voting rights will not be granted. This decision aligns FNAC's governance structure with evolving market standards and shareholder expectations.

Contact and Inquiries

For investors and analysts wanting further information, FNAC provides a clear point of contact. Interested parties can reach out via email at investisseurs@fnacdarty.com. This line of communication reflects FNAC's commitment to maintaining an open dialogue with its stakeholders.

Frequently Asked Questions

What are the total shares for FNAC?

The total number of shares as of November 30, 2024, is 29,587,592.

How many voting rights does FNAC have?

FNAC has both gross and net voting rights figures, with gross voting rights at 29,587,592, and net voting rights at 28,915,287.

How does FNAC ensure transparency in shareholding?

FNAC requires shareholders to notify the company if their holdings exceed specified thresholds as per French commercial regulations, promoting transparency.

Are double voting rights granted to FNAC shareholders?

No, FNAC decided not to implement double voting rights in accordance with the resolution from their 2015 General Meeting.

Who can I contact for more information regarding FNAC's shares?

Investors can contact FNAC through the email address investisseurs@fnacdarty.com for any inquiries related to shares or voting rights.

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