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Ferretti Discloses Deal Backing KKCG-Led Board Slate for May Shareholder Vote

Story Highlights
  • Ferretti disclosed that KKCG Maritime and Bader Al-Kharafi agreed to back a KKCG-led board slate, including Al-Kharafi, at the May 2026 shareholders’ meeting.
  • The acknowledgement deed carries no binding voting or share lock-up terms but is published for transparency, underscoring coordinated support for Ferretti’s board renewal among key investors.
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Ferretti Discloses Deal Backing KKCG-Led Board Slate for May Shareholder Vote

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Ferretti S.p.A. ( (IT:YACHT) ) just unveiled an announcement.

Ferretti S.p.A. has announced that Azúr A.S., acting as KKCG Maritime, and investor Bader Nasser Al-Kharafi have signed an acknowledgement deed formalizing their agreement to include Al-Kharafi on KKCG Maritime’s slate of candidates for the upcoming board renewal. Both parties intend to vote in favor of this KKCG Board Slate at Ferretti’s shareholders’ meeting scheduled for 14 May 2026, though the deed does not impose any binding arrangements on their shareholdings or voting rights.

The company emphasized that the deed is disclosed solely for transparency under Italian market regulations and does not constitute a shareholders’ agreement under the applicable financial laws. By publishing the document through Italian and Hong Kong disclosure channels, Ferretti aims to ensure equal information access for investors and signal stability and coordination around its board composition ahead of the vote.

More about Ferretti S.p.A.

Ferretti S.p.A. is an Italian joint-stock company based in Cattolica, with its shares listed on Euronext Milan and on the Hong Kong Stock Exchange. The company operates in the luxury yacht and boating industry, serving global high-end marine customers and international investors through its dual listing in Italy and Hong Kong.

For detailed information about YACHT stock, go to TipRanks’ Stock Analysis page.

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