In connection with the proposed separation of the U.S. business from the Company, the Board decided to adjust all executive option plans in the same manner in order to address the effects of the Separation.
As all Altice shareholders have been compensated for the split, we believe executives should be treated the same way in their capacity as shareholders.
Although the adjustment to outstanding executive awards appears to be broadly in line with the intended company split in Altice Europ and Altice US, we continue to voice the following concerns regarding the awards themselves: inter alia a short performance period, the absence of performance criteria for some awards, and excessive quantum. For this reason, we recommend that shareholders oppose all the resolutions.
Altice Europe is a provider of cable, fiber, mobile, telecommunications, content and media in Western Europe (comprising France, Portugal, Belgium, Luxembourg1 and Switzerland), the United States of America (U.S.), Israel, the Dominican Republic and the French overseas territories (comprising Guadeloupe, Martinique, French Guiana, La Reunion and Mayotte). Through its various business operations, Co. provides fixed services, mobile telephony services (other than in the U.S.) and media and advertising services to B2C and B2B customers in all of the geographies in which it operates. In addition, Co. offers a variety of wholesale and other services.
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The independent financial analyst theScreener just awarded an improved star rating to ALTICE EUROPE NV (NL), active in the Mobile Telecommunications industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date October 16, 2018, the closing price was EUR 2.45 and its expected value was estimated at EUR 2.40.
The Company operates as a Dual Listed Company (DLC). BHP Billiton plc is incorporated and listed in the UK while BHP Billiton Ltd is incorporated and listed in Australia. Samarco Incident Update On 5 November 2015, one of Samarco’s tailings dams (Fundao) failed unexpectedly,releasing muddy tailings downstream, reaching and flooding certain communities andcausing 19 deceases, 700 people lost their homes and important damages to thesurrounded area. The Company holds 50% interest in this entity. BHP Billiton Brasil is among the defendants named in a number of legal proceedings initiated by in...
Le principal objet de la présente assemblée est l'autorisation d'émettre 300 Obligations Convertibles en Actions de 20 000 € de nominal (soit au totale une émission de 6 M€ en nominal) au bénéfice d'une société de droit suisse, Nice & Green.La société indique que cette opération s'inscrit dans s stratégie de renforcement des fonds propres. Si l’on comprend les raisons évoquées par la société, elle n’explique cependant pas pourquoi elle a choisi de faire une émission sans DPS au lieu d’une émission avec DPS à laquelle tous ses actionnaires actuels, confiants en la stratégie de la société, aurai...
Proxinvest attire l'attention des actionnaires sur plusieurs points. Tout d'abord sur la composition du conseil d'administration, d'après Proxinvest le conseil comporte 62,5% d'indépendants. De ce fait les renouvellements de deux administrateurs libres d'intérêts sont soutenus par Proxinvest, dans les résolutions 5 et 6. De plus le manque de transparence de la société au sujet des rémunérations des dirigeants ne permet pas à Proxinvest de soutenir les rémunérations des résolutions 7 à 10.
La présente assemblée propose à la nomination Véronique Saubot. Les informations relatives à la candidate sont complètes et n'appelle pas de remarque de la part de Proxinvest. Nous saluons cette régularisation de la société, qui se met en conformité avec la Loi Copé-Zimmermann : le taux de féminisation du Conseil est ainsi porté à 43%.
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