By Inti Landauro

PARIS--French billionaire Vincent Bollore has refrained from seeking board representation at the shareholders assembly of video game maker Ubisoft (UBI.FR), held Thursday, in which the company he chairs, Vivendi SA (VIV.FR), owns 23%.

The shareholders reappointed Guillaume and Gerard Guillemot, the founders of Ubisoft, as board members with a majority of votes and Vivendi didn't request company representatives were appointed to the board.

A spokesman from Vivendi declined to say whether the company voted for or against the appointment of the Guillemot brothers.

Investors and shareholders had expected Vivendi, which has gradually acquired a 23% stake in Ubisoft, would ask for a board representation, that could open the door to a more active role for Mr. Bollore in the company, or even a full takeover.

Ambroise Ecorcheville contributed to this article.

Write to Inti Landauro at inti.landauro@wsj.com

(END) Dow Jones Newswires

September 29, 2016 11:56 ET (15:56 GMT)

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