Votes

Broadridge and SLIB Joint SRD II Proxy Voting Solution for French Market is NOW LIVE

Retrieved on: 
Thursday, December 9, 2021
Votes, NYSE, Risk, Digital, Financial technology, Efficiency, CEO, Financial intermediary, Electronic, Mass meeting, Electronic voting, General manager, Democracy, LAB, Shareholder Rights Directive 2007, AI, Compliance, Security (finance), Cryptocurrency

LONDON and PARIS, Dec. 9, 2021 /PRNewswire/ --Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), and SLIB, a leading-edge software vendor in electronic voting and securities services based in France, have announced the live operational running of their joint cross-border proxy voting solution.

Key Points: 
  • LONDON and PARIS, Dec. 9, 2021 /PRNewswire/ --Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), and SLIB, a leading-edge software vendor in electronic voting and securities services based in France, have announced the live operational running of their joint cross-border proxy voting solution.
  • Unique in the French market, the solution enables intermediaries - including banks, brokers and wealth managers that serve France-based investors - to meet their new, mandatory obligations to support voting for European shareholder meetings under the updated Shareholder Rights Directive (SRDII).
  • SLIB is the leading software vendor in register management & electronic voting, risk and post-trade markets.
  • SLIB is also Votaccess Operator, the cornerstone of Electronic Voting for Paris Stockexchange issuers and Account Keepers, delivering General Meetings notifications and collecting Digital Votes.

Magnit announces the changes of the rights of VTB Bank and Marathon Group to dispose a certain number of votes accounted for voting shares of PJSC Magnit

Retrieved on: 
Tuesday, December 7, 2021
Votes, VTB Bank, Marathon, CYPRUS, LTD, FAS, MG, Financial adviser, Holding company, Security (finance)

1 - MG MARATHON GROUP (CYPRUS) LTD and its entities, including PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC, Marathon Retail LLC.

Key Points: 
  • 1 - MG MARATHON GROUP (CYPRUS) LTD and its entities, including PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC, Marathon Retail LLC.
  • 3 - According to the explanations received by Magnit, the Votes of Marathon Group are distributed as follows:
    1,103,458 Magnit voting shares (1.08%) are held by Natsbioprodukt LLC;
    1,513,601 Magnit voting shares (1.49%) are held by SERENGATE ADVISORS LIMITED;
    19,305,710 Magnit voting shares (18.94%) are held by Marathon Retail LLC;
    in respect of 3.49% of Magnit voting shares the right to dispose Votes is held by Marathon Retail LLC on the basis of the repurchase agreements concluded between Marathon Retail LLC and VTB Group, under which 7,868,427 Magnit voting shares (7.72 %) were transferred to VTB Group;
    in respect of 4.23% of Magnit voting shares Marathon Retail LLC will be provided with the right to dispose Votes after the FAS of Russia satisfies the corresponding application of Marathon Retail LLC based on the above mentioned repurchase agreements.
  • 4 - MG MARATHON GROUP (CYPRUS) LTD has acquired the right to indirectly dispose the Votes through PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC and Marathon Retail LLC.
  • 5 - Alexander Vinokurov has acquired the right to indirectly dispose the Votes through MG MARATHON GROUP (CYPRUS) LTD, PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC and Marathon Retail LLC.