Dutch food group Royal Wessanen NV has announced that a meeting of holders of certificates has approved the discontinuation of administration of share certificates. Following this decision, all Wessanen certificates will be converted to ordinary shares.
Wessanen also announced that shareholders approved the increase in dividend to EUR0.65 (US$0.8) per share at its annual shareholders’ meeting, held on 20 April.
As a final step in the alignment of Wessanen’s corporate governance with the Dutch Corporate Governance Code, the company’s shareholders approved the proposal to grant unlimited proxy voting at all times, Wessanen announced.
The AGM also approved the appointments of Han Wagter as chief financial officer and member of the Executive Board, and Marie-Christine Lombard as a member of the company’s Supervisory Board.