High voltage shareholders' meeting for Impregilo. Barbara Poggiali, Alfredo Scotti and Nigel W. Cooper appointed directors of the company despite Salini's negative vote (recently rose to 29,234% of the capital) to the abstention of the Amber fund in the vote on Cooper, former director of Parmalat. The three new entries come after the resignations of Giovanni Castellucci, Fabio Cerchiai and Nicola Fallica.
“There is a problem for candidate Cooper – specified Umberto Mosetti, Amber's representative -, who is a director in another listed company in which we have a shareholding and who carried out an operation on which many observers have expressed perplexity , also Consob”.
Salini considers it "negative" that the number of directors remains "excessive and plethoric": 15 directors are "too many and useless" and the change "is only apparently in favor of minorities". These are the words of Giovanni Domenichini, legal representative of the Roman group.
Instead, the shareholders' meeting rejected the amendment to the Articles of Association proposed by the current management of Impregilo, which envisaged opening the board of directors to minorities after the expiry of the positionswhich will arrive next spring. The favorable votes of the Gavio group and the Amber fund were not sufficient to reach the quorum of 2/3 required for the extraordinary shareholders' meetings. Vote against once again by Salini.
The proposal to amend the statute is "wrong, insufficient, does not really protect minorities and does not meet the requirements set by the best international practices for the appointment of the board of directors of a public company - continues Domenichini -. The new Board of Directors will be the one entitled to formulate different and better governance proposals".
At the end of the morning, the Impregilo share on the Stock Exchange was just below parity.
