Monthly Declaration of Voting Rights and Shares
MONTHLY DECLARATION OF THE TOTAL NUMBER OF VOTING RIGHTS AND SHARES
(PURSUANT TO ARTICLE L233-8II OF THE COMMERCIAL CODE AND 223-16 OF THE GENERAL REGULATIONS OF THE FINANCIAL MARKETS AUTHORITY)
MARIE BRIZARD WINE & SPIRITS
ISIN Code: 0000060873
Current Situation of Shares
As of 28 February 2025, the company has a total of 111,989,823 shares comprising its share capital. In terms of voting rights, there are 138,363,262 total voting rights available, with 138,232,222 being exercisable after deducting treasury shares.
Understanding Voting Rights
Voting rights are crucial for shareholders as they determine the ability to influence company decisions. In the case of Marie Brizard Wine & Spirits, treasury shares are included in the total voting rights figure, which signifies the company’s commitment to transparency regarding its ownership structure.
By-law Requirements
Marie Brizard Wine & Spirits SA has by-laws mandating the disclosure of crossing statutory thresholds in addition to the legal requirements. This helps keep shareholders informed about significant changes that may affect their investments.
Impacts of Regulatory Changes
Changes in financial regulations often prompt companies to adjust their disclosure practices. This responsiveness is vital for maintaining investor trust and fulfilling compliance obligations.
Importance of Accurate Reporting
Accurate and timely reporting of voting rights and shares plays an essential role in corporate governance. It ensures that all shareholders are aware of their standing and the potential implications of their voting power.
Future of Marie Brizard Wine & Spirits
As the company navigates the evolving landscape of the market, transparency will be a key factor in its strategies moving forward. Maintaining open lines of communication with shareholders will likely influence its future undertakings and overall reputation.
Frequently Asked Questions
What is the total number of shares for Marie Brizard?
The total number of shares comprising the share capital is 111,989,823.
How many voting rights are there in total?
There are 138,363,262 total voting rights available.
What does treasury shares mean?
Treasury shares are shares that were once part of the outstanding shares but were later bought back by the company.
Why are voting rights important?
Voting rights allow shareholders to influence important decisions regarding the company, including board member elections and major corporate actions.
What are statutory thresholds?
Statutory thresholds refer to the legal limits set by regulations, above which companies must disclose additional information to shareholders.