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Georgeson

AGM Special Update (03.07.2020)
As the AGM season faces unprecedented challenges following the onset of the COVID-19 pandemic, we set up an AGM Special Update to keep you abreast of industry-related news and developments. In line with what we do with our Monthly Roundup, we have condensed the news stories that are most relevant for this unusual AGM season (focusing both on company and regulatory developments), hoping to provide you with a useful tool to keep up to speed with all the latest developments in the AGM world.
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Europe
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Spain
  • Expansión reports that Aena cancels a dividend of €1,137m to “strengthen its solvency” (in Spanish): https://www.expansion.com/empresas/2020/06/30/5efb5f8ee
    5fdea7f638b4633.html
    “Aena’s board of directors has proposed to cancel the distribution of a dividend. The airport monopoly had planned to distribute €1,137m but didn’t approve it formally in an assembly.”
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Contact
Daniele Vitale
Georgeson
Head of Governance UK & Europe > Corporate Advisory
daniele.vitale@georgeson.com
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