ESPI/EBI reports

LUXEMBOURG COURT REJECTS MINORITY SHAREHOLDERS' CLAIMS KERNEL HOLDING S.A. (LU0327357389)

09-12-2024 08:30:34 | ESPI | 41/2024
oUNI-EN: LUXEMBOURG COURT REJECTS MINORITY SHAREHOLDERS' CLAIMS

PAP
Data: 2024-12-09

Firma: KERNEL HOLDING S.A.

oSpis tresci:
1. REPORT
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

oSpis zalacznikow:
Znaleziono 1 załącznik
  • Current-report-41-2024 eng.pdf
  • Arkusz: REPORT

    Nazwa arkusza: REPORT


    POLISH FINANCIAL SUPERVISION AUTHORITY
    UNI - EN REPORT No 41 / 2024
    Date of issue: 2024-12-09
    Short name of the issuer
    KERNEL HOLDING S.A.
    Subject
    LUXEMBOURG COURT REJECTS MINORITY SHAREHOLDERS' CLAIMS
    Official market - legal basis
    art. 17. 1 MAR.
    Unofficial market - legal basis
    Contents of the report:
    Kernel Holding S.A., a Luxembourg-registered company _the "Company"_, announces a first legal victory against a group of minority shareholders. Claimants have brought legal action against the Company and its majority shareholder, Namsen Limited, to seek the suspension of the resolutions adopted during the Company's Annual General Meeting on 11 December 2023, as previously disclosed.

    On 27 November 2024, the Vice-President of Luxembourg District Court issued a summary order pursuant to which all claims brought by the claimants were declared inadmissible and, as a consequence, rejected. Additionally, the claimants were ordered to pay procedural indemnities to both the Company and Namsen Limited.

    This ruling reaffirms the Company's unwavering commitment to robust corporate governance geared towards ensuring long-term success and shareholder confidence, transparency, and strict adherence to legal frameworks. It highlights the unfounded nature of claims pursued by this small minority faction.

    This case has been one of five unfounded proceedings initiated by the same group of minority shareholders in connection with the Company's intended delisting of its shares from the Warsaw Stock Exchange, the consummated share capital increase in 2023, and 2023 AGM resolutions. Kernel Holding S.A. remains steadfast in its defense and confident that all remaining claims will be similarly dismissed.
    Annexes
    File Description
    Current-report-41-2024 eng.pdf

    Nazwa arkusza: INFORMATION ABOUT THE ENTITY


    KERNEL HOLDING S.A.
    _fullname of the issuer_
    KERNEL HOLDING S.A. Spożywczy _spo_
    _short name of the issuer_ _sector according to clasification
    of the WSE in Warsow_
    L-1840 Luksemburg
    _post code_ _city_
    Boulevard Joseph II 8A
    _street_ _number_
    _phone number_ _fax_
    _e-mail_ _web site_
    _NIP_ _REGON_

    Nazwa arkusza: SIGNATURE OF PERSONS REPRESENTING THE COMPANY


    SIGNATURE OF PERSONS REPRESENTING THE COMPANY
    Date Name Position / Function Signature


    Identyfikator raportu jjvuszwyf1
    Nazwa raportu UNI-EN
    Symbol raportu UNI-EN
    Nazwa emitenta KERNEL HOLDING S.A.
    Symbol Emitenta KERNEL HOLDING S.A.
    Tytul LUXEMBOURG COURT REJECTS MINORITY SHAREHOLDERS' CLAIMS
    Sektor Spożywczy (spo)
    Kod L-1331
    Miasto Luksemburg
    Ulica Boulevard Joseph II
    Nr 8A
    Tel.
    Fax
    e-mail
    NIP
    REGON
    Data sporzadzenia
    Rok biezacy 2024
    Numer 41
    adres www
    Serwis Ekonomiczny Polskiej Agencji Prasowej SA 2024 Copyright PAP SA - Wszelkie prawa zastrzezone.