Mar 29, 2021 / 01:00PM GMT
Yannick Bollore - Vivendi SE - Chairman of Supervisory Board
Ladies and gentlemen, dear shareholders, I'd like to welcome you to Vivendi's Extraordinary General Meeting. Of course, I would have preferred that we could all be gathered here together today. Unfortunately, the current health conditions and restrictions taken by the authorities left us with no choice than to hold this meeting behind closed doors with live streaming on our website and also on Dailymotion.
We've convened this meeting in order to secure approval for a statutory amendment, allowing your company to distribute dividends, reserves or premiums by delivery of assets in kind, including the financial securities.
As you know, many of our major institutional shareholders have, for several years now, requested the spin-off and distribution of UMG. Vivendi Management Board, led by Arnaud de Puyfontaine, decided to wait in order to reveal the full potential of this asset. Arnaud will tell you about that in a moment. I'd like to acknowledge the outstanding work done by the Vivendi teams in concept, so to speak, with those of
Vivendi SE Extraordinary Shareholders Meeting Transcript
Feb 15, 2024
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