10 March 2020 • Articles
Il Sole 24 Ore
First postponements of Annual Shareholders’ Meetings in Italy, risks of delayed dividend payments
Topics
Directors General Meetings / Proxy solicitation Governance Shareholder Activism Investor Engagement ActivismCovid-19 is already causing delays to some annual shareholders' meetings in Italy, such as Cattolica’s or Astaldi’s for instance.
Morrow Sodali Managing Director Andrea Di Segni commented in Sole24Ore on the possible solutions to ensure AGMs do take place while ensuring compliance with safety provisions, but he warned that any decision taken could result in delays in dividend payments and that, in such a situation of uncertainty, many funds may reconsider their investments plan.
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