Exclusive Networks: Ordinary General Shareholders’ Meeting of October 31, 2024
October 31 2024 - 12:05PM
Business Wire
Regulatory News:
The Ordinary General Shareholders’ Meeting of Exclusive Networks
SA (Paris:EXN) was held on October 31, 2024, under the chairmanship
of Mr. Jesper Trolle, Chief Executive Officer of the Company, duly
appointed by the Board of Directors, at the Company’s registered
office, 20, Quai du Point du Jour, Boulogne-Billancourt, 92100,
France and was broadcasted live, both in French and in English. The
General Shareholders’ Meeting gathered a large quorum of 88.78
%.
The shareholders approved the resolution relating to the
Exceptional Distribution of a total amount of EUR 484,935,812.94
allocated with priority to “Other Reserves” until depletion (i.e.,
EUR 53,676,521.01 corresponding to circa EUR 0.59 per share on the
basis of 91,670,286 shares making up the share capital as at June
30,2024) and the residual amount to “Share Premium” (i.e., EUR
431,259,291.93 corresponding to circa EUR 4.70 per share on the
basis of 91,670,286 shares making up the share capital as at June
30, 2024).
The voting results and the Ordinary General Meeting webcast will
be available on the Company’s website
https://ir.exclusive-networks.com/agm/ordinary-general-meeting/ in
the coming days.
As described in the press release issued by the Company on July
24, 2024, the Exceptional Distribution will be paid after the
satisfaction of the condition precedents linked to the regulatory
approvals in connection with the acquisition of Exclusive Networks
SA by a consortium composed of Clayton Dubilier & Rice and
Everest UK Holdco.
Subject to the completion of the condition precedents, the
ex-date and payment of the Exceptional Distribution will be set
before the date of completion of the block acquisition and the
filing of the tender offer to be initiated by the consortium.
About Exclusive Networks
Exclusive Networks (EXN) is a global cybersecurity specialist
that provides partners and end-customers with a wide range of
services and product portfolios via proven routes to market. With
offices in over 45 countries and the ability to serve customers in
over 170 countries, we combine a local perspective with the scale
and delivery of a single global organisation.
Our best-in-class vendor portfolio is carefully curated with all
leading industry players. Our services range from managed security
to specialist technical accreditation and training and capitalize
on rapidly evolving technologies and changing business models. For
more information visit www.exclusive-networks.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241031855809/en/
EXCLUSIVE NETWORKS Nicolas Leroy Global Communications
Director ir@exclusive-networks.com
Médias FTI Consulting
Emily Oliver / Jamie Ricketts +33 (0)1 47 03 68 19
exclusivenetworks@fticonsulting.com
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