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Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.


PINL:VLTAF - Post by User

Post by ALLEN4on Dec 04, 2013 10:34am
426 Views
Post# 21968631

Management information circular re: meeting December 17, 201

Management information circular re: meeting December 17, 201
I just received the package in the mail regarding the meeting of shareholders to approve the take-over. I just skimmed it, some interesting reading. It looks like Kevin has 120 within the "change of control" to elect to terminate his employment. Hopefully he will not do so and will stay on for the development of Kiaka to the point of mining.

Also, I recall someone raised an issue about whether BMO had a conflict of interest. Page E-2 of the circular addresses that to some extent, stating that BMO Capital and its afiliates is "not an insider". It then goes on to say that BMO Capital Markes and certain of our affiliates act as traders and dealers in major financial markets and, as such, may have had and may in the future have positions in the securities of one or more of the Interested parties and, from time to time, .....and may have executed transactions and may receive compensation.....

Risk factors... Volta will incur costs even if the Arrangement is not completed (page 24).

Considering attending the meeting, not sure.

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