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January 13, 2021 Extraordinary Shareholders Meeting: Wide support for the resolutions submitted to the shareholders’ vote but quorum not met on first convening
January 12, 2021 14:15 ET
| Source:
GENFIT S.A.
GENFIT S.A.
Loos, FRANCE
French
Partial buyback and amendment of the bond terms approved by approx. 98% of voting shareholders at this time
Insufficient quorum of 20.63% on first convening, but greater than the 20% quorum required on second convening
Extraordinary Shareholders Meeting will be reconvened on January 25, 2021 with the same agenda
Votes cast on the first convening remain valid for the second convening
Shareholder engagement remains important to ensure the success of this transaction, which aims to decrease the bond debt by nearly half and extend its maturity by 3 years. ....

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