Ultimovacs ASA Reports Proxy Voting Rights Ahead of Meeting
Ultimovacs ASA Voting Rights Update
In recent developments, Ultimovacs ASA is preparing for its Extraordinary General Meeting, which is set to capture the interest of shareholders and the market alike. Jónas Einarsson, the esteemed Chair of the Board of Directors, has announced that he has received proxy-based voting rights for an impressive total of 8,652,094 shares. This amount represents a substantial 25.15% of the overall voting rights within the company.
Details About the Proxy Voting
The proxies are notably valid solely for the upcoming Extraordinary General Meeting. This Meeting stands as a critical point of engagement for shareholders, ensuring that their voices and votes are effectively represented in the decisions that shape the company’s future. The importance of shareholder engagement cannot be overstated in the realm of corporate governance.
Understanding Proxy Voting
Proxy voting allows shareholders unable to attend the General Meeting to still voice their opinions through a designated proxy. This mechanism enhances participation, ensuring that critical decisions reflect the collective viewpoint of shareholders. For Ultimovacs ASA, this ability to capture such a significant portion of shares in proxy voting highlights a proactive approach to involving stakeholders in their governance.
Disclosure Mandates and Implications
The disclosure of voting rights by Ultimovacs ASA is in accordance with the requirements stipulated in section 5-12 of the Norwegian Securities Trading Act. This act is designed to foster transparency and trust within the financial markets, allowing all parties to stay informed about important corporate actions.
The Role of Transparency in Business
For companies listed on public exchanges, like Ultimovacs ASA, maintaining transparency with shareholders plays a key role in building trust. Shareholders rely on accurate information to make informed decisions regarding their investments. Moreover, transparency can enhance a company's reputation and attract potential investors, bolstering its market presence.
Contact Information for Shareholders
For any inquiries related to this disclosure or the Extraordinary General Meeting, stakeholders are encouraged to reach out directly to executives at Ultimovacs ASA. Jónas Einarsson, the Chair of the Board, provides a point of contact with the following details:
Email: je@radforsk.no
Phone: +47 480 96 355
Additionally, Hans Vassgård Eid, the CFO and Interim CEO of Ultimovacs ASA, is also available for questions regarding corporate actions. He can be reached at:
Email: hans.eid@ultimovacs.com
Phone: +47 482 48 632
Frequently Asked Questions
What is the purpose of the Extraordinary General Meeting?
The Extraordinary General Meeting serves as a platform where shareholders can vote on key corporate matters and influence the future direction of the company.
Who holds the proxy voting rights?
Jónas Einarsson, Chair of the Board of Directors, currently holds the proxy voting rights for 8,652,094 shares.
How much of the total voting rights do the proxies represent?
The proxies represent 25.15% of the total voting rights within Ultimovacs ASA.
What regulations govern the disclosure of voting rights?
The disclosures are governed by section 5-12 of the Norwegian Securities Trading Act, which ensures transparency in corporate communications.
How can shareholders get in touch with company executives?
Shareholders can contact Jónas Einarsson or Hans Vassgård Eid using the provided email addresses or phone numbers for any inquiries.
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