An information session about a planned Extraordinary General Meeting for shareholders took place this morning at Hotel Mercure in Roeselare. As part of further professionalization and simplification of the company structure and governance, a number of adjustments to the company structure and the articles of association are foreseen. These were extensively explained during this information session.
For example, the existing Limited Partnership on Shares will be converted into a traditional Public Limited Company. The governance structure will also be adjusted at the same time in line with the future RREC structure. In addition, the structure is greatly simplified by the planned mergers of the subsidiaries and the management company Ulvenhout Retail Management bvba.
Further information was also given about the eighth capital increase of EUR 9 to 12 million, which is also planned for 30 November. This additional capital should be used to purchase a number of interesting projects in December. These projects, in which a strong supermarket is always the main attraction, were also explained during the information session.
Shareholders can find the slides of this info session on the pages -after login- specially reserved for shareholders under the heading ‘Info session 29 September 2018’.
For more information about Ulvenhout Retail Invest Fund, contact us here.