Argan Announces Shareholder Meeting
Bitget2026/10/15 07:21- Argan will hold a combined shareholders’ meeting on November 20, 2026, at Palais Brongniart in Paris.
- Shareholders will vote on absorption by Warehouses De Pauw, exchanging each eligible Argan share for three WDP shares, subject to conditions.
- A proposed exceptional distribution of EUR 11 per share, totaling approximately EUR 283.44 million, would be paid before merger completion.
- Eligible dissenting shareholders would receive an exit price of EUR 60.10 per share, excluding the exceptional distribution.
- Supervisory board remuneration for 2026 would rise by EUR 33,550 to EUR 257,400.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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