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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Telecom Italia S.P.A. New | NYSE:TI | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.63 | 0.00 | 01:00:00 |
By Manuela Mesco
MILAN--Italy's Telecom Italia said Sunday that it received a request from stakeholder French Vivendi to name four representatives to the Italian firm's board.
The request comes as Telecom Italia has called for a shareholders' meeting on Dec.15 to approve a share conversion plan.
Vivendi, which holds a 20% stake in Telecom Italia, has requested to put to the shareholders's vote the expansion of Telecom Italia's board from 13 to 17 members.
The four representatives proposed by Vivendi are Arnaud Roy de Puyfontaine, Vivendi's chief executive; Stephane Roussel, the company's chief operating officer; Hervé Philippe, its chief financial officer; and Felicité Herzog.
If appointed, the new board members will be in charge until Dec. 2016, when the rest of the board will also end its mandate.
Write to Manuela Mesco at manuela.mesco@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 15, 2015 15:38 ET (20:38 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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