Korian: Combined General Meeting of 27 May 2021 Report
31 Maggio 2021 - 05:40PM
Business Wire
Regulatory News:
The Combined General Meeting of Korian (Paris:KORI) shareholders
was held on 27 May 2021, chaired by Mr Jean-Pierre Duprieu.
In light of the Covid-19 health crisis, and in accordance with
the provisions set out in Ordinance No. 2020-321 published on 25
March 2020 as amended and extended by Ordinance No. 2020-1497 of 2
December 2020 and Decree No. 2021-255 of 9 March 2021, the General
Meeting was held behind closed doors, without shareholders or other
persons entitled, and was broadcast live on the website
www.korian.com. The General Meeting adopted all 23 resolutions
submitted to its vote.
The General Meeting approved the financial statements for the
financial year 2020 and decided to pay a dividend of €0.30 per
share with an option for payment of the said dividend in new shares
of the Company. This option is open from 8 June to 25 June 2021
inclusive and, for shareholders who make this choice, the new
shares will be issued at a unit price of €30.14. The payment in
cash and the delivery of the new shares will take place on 1st July
2021.
The General Meeting voted in favour of the compensation of
Executive Corporate Officers paid during or awarded for the
financial year 2020. The General Meeting also approved the
information on the compensation of Corporate Officers contained in
the Report on Corporate Governance and the compensation policy for
Corporate Officers for the financial year 2021.
The shareholders approved the reappointments of Predica
Prévoyance Dialogue du Crédit Agricole SA, Holding Malakoff Humanis
SA and Mrs Catherine Soubie as Directors for a period of three
years and ratified the co-optation of Mr Guillaume Bouhours as
Director for the remainder of his predecessor’s term of office,
i.e. until the end of the General Meeting that will be convened to
vote on the financial statements for the year ending 31 December
2022. They also renewed the mandate of Mazars SA as joint principal
Statutory Auditor for a period of six financial years.
The shareholders also voted in favour of the financial
delegations and authorisations granted to the Board of Directors
and the amendments to the Articles of Association, mainly in order
to comply with the new legal and regulatory provisions.
At the end of the General Meeting, the Board of Directors
decided, within the context of the 18th resolution voted by the
General Meeting, to buy back Korian shares over the next eighteen
months for a maximum amount of €787,786,125 and up to a limit of
10% of the shares comprising the share capital(1).
Full voting results as well as presentations to shareholders are
available on the website www.korian.com.
Next events: 28 June 2021 – Capital Markets
Day 29 July 2021 – Half-year results and SFAF audio webcast
meeting
About Korian
Korian, the leading European care services group for elderly and
fragile people. www.korian.com
Korian has been listed on Euronext Paris
Section A since November 2006 and is included in the following
indices: SBF 120, CAC Health Care, CAC Mid 60, CAC Mid & Small
and MSCI Global Small Cap
Euronext ticker: KORI - ISIN: FR0010386334 –
Reuters: KORI.PA – Bloomberg: KORI.FP
(1) Korian's Universal Registration Document filed with the AMF
(Autorité des Marchés Financiers) on 21 April 2021 includes, on
pages 364 and 365, all the information required to be included in
the description of the share buyback programme as provided for by
Article 241-2 of the AMF's General Regulations.
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INVESTOR RELATIONS
Sarah Mingham VP Investor Relations & Financing
sarah.mingham@korian.com Tel: +33 (0)1 55 37
53 55
Carole Alexandre Deputy Head of Investor Relations
carole.alexandre@korian.com Tel: +33 (0)7 64
65 22 44
MEDIA
Jean-Marc Plantade Head of Press Relations
jean-marc.plantade@korian.fr Tel: +33 (0)7 62
90 32 58
Cyrille Lachèvre Deputy Head of Press Relations
cyrille.lachevre@korian.fr Tel: +33 (0)7 61
53 54 86
Marjorie Castoriadis Head of Media Relations
marjorie.castoriadis@korian.fr Tel: +33 (0)7
63 59 88 81