Understanding Valneva's Share and Voting Rights Declaration
Valneva's Declaration of Shares and Voting Rights
VALNEVA
Declaration of Shares and Voting Rights
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Company name: VALNEVA
Registered office: 6 rue Alain Bombard, 44800 Saint-Herblain
Valneva, a prominent name in the biopharmaceutical field, has officially declared the state of its shares and voting rights. This declaration is a significant point for stakeholders as it outlines the current standings of the company’s share capital and reinforces transparency within the financial market.
Key Details of the Declaration
The declaration provides a thorough account of the number of ordinary shares, voting rights, and recent changes affecting these figures. The results indicate an active engagement in managing investor interests and corporate governance. The total number of shares making up Valneva’s capital stands at an impressive 171,854,856 ordinary shares, each holding a par value of €0.15.
Current Voting Rights Situation
The total voting rights, including those that might be suspended, is recorded at 187,979,199. This number plays a crucial role in determining control within shareholder meetings and how decisions are made regarding company management.
Changes to Voting Rights
One noteworthy change highlighted in the declaration involves double voting rights granted on a segment of shares. Specifically, double voting rights have been awarded to 245 ordinary shares while 1,125 shares transitioned into bearer form, enhancing their voting capabilities. Additionally, a capital increase occurred with the issuance of 1,666,666 new ordinary shares, reflecting Valneva's strategic approach to bolster its financial resources.
Importance of These Changes
These shifts in voting rights and shares are essential for stakeholders. They not only affect individual shares but can also influence shareholder dynamics during crucial corporate decision-making processes. Investors often look for companies that actively manage their capital and voting rights, which indicates responsiveness to market conditions.
Timeline of Changes
Understanding when these changes were recognized is also vital. The modifications were made official between specific dates in August, with capital increases and adjustments recorded on multiple occasions. The transparency in reporting these changes helps build trust with shareholders.
Valneva’s commitment to adhering to financial regulations and proper reporting protocols enhances its reputation in the market. As the company continues to evolve, such declarations of shares and voting rights will play a significant role in its corporate governance framework.
Frequently Asked Questions
What is the purpose of Valneva's declaration?
The declaration serves to inform shareholders and the public about the current state of shares and voting rights, ensuring transparency in corporate governance.
How many ordinary shares does Valneva have?
Valneva has a total of 171,854,856 ordinary shares with a par value of €0.15 each.
What changes were made to the voting rights?
Double voting rights were granted on specific shares, alongside a capital increase involving the issuance of new ordinary shares.
Why is understanding voting rights important?
Voting rights determine control dynamics during shareholder meetings, influencing how decisions are made regarding the company’s management.
How often does Valneva release share declarations?
Valneva publishes these declarations as significant changes occur, indicating their strategy for maintaining corporate transparency.
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