U10 CORP - Assemblée Générale des actionnaires du 3 Juin 2020
Proxinvest attire l'attention des investisseurs sur plusieurs points :
- Proxinvest soutient la décision prise par la Société de ne pas verser de dividende au titre de l'exercice 2019. En effet, cette décision nous semble bienvenue pour les intérêts à long-terme de la Société, et s'inscrit dans la vision d'investisseur responsable développée par la campagne d'engagement de notre partenariat ECGS en 2020 sur la distribution responsable.
- Proxinvest s'oppose à la nomination de Johann Lièvre, Directeur Général de la Société, en tant que membre du Conseil d'Administration. En effet, si Proxinvest soutient la présence d’un représentant pour chacun des trois principaux actionnaires même si le conseil n’a pas de majorité de membres indépendants, il apparait qu'en l'espèce, le premier actionnaire est déjà représenté au conseil.
U10 creates specialized product lines developed around household and personal leisure goods and accessories, outsources production to subcontractors and sells them to distributors and importers. Co. has two business divisions. The Full Services division is primarily focused on French distributors and provides sales and logistics services. The Trading and Full Container division operates in China and Spain. It proposes turnkey merchandising lines to importers. It processes unit orders involving larger volumes than those for the Full Services division with longer delivery periods on a full container basis to the customer's own logistics platforms.
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