X5 Retail Group (GB:FIVE) has released an update.
X5 Retail Group N.V. has announced an Extraordinary General Meeting (EGM) for shareholders and GDR holders on November 1, 2024, to discuss options regarding their shareholding in X5 Corporate Center PJSC following a court decision. Shareholders will decide on regaining shares, receiving cash compensation, or abstaining, with a specific request for those directly owning X5CC shares to abstain from voting. To participate, GDR holders must submit a Declaration Form by December 31, 2024, ensuring they are not X5CC Shareholders.
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