This is stated in the announcement of the ordinary general meeting of shareholders of Indra before the end of June, communicated by the company to the National Securities Market Commission (CNMV) due to its obligations as a Spanish listed company. The board of directors of the company specialized in Defense has already approved the approval chosen date to bring together, as every year, its shareholders. It will be next June 26 at 12:30 p.m., in the first call, or June 27, in the second call, and it is foreseeable that it will take place on this second date at the company's headquarters in Alcobendas.
The most important item on the agenda is whether or not to approve the Write input on the company's board of directors. The Madrid companyspecialized in the defense sector, invested in the capital of the company about a year ago, in May 2023, and since then it has been increasing your participation in Indra's shareholding. Today, Escribano has one 8% of the share capital of the company led by Marc Murtra, with José Vicente de los Mozos as CEO, after the last capital purchase formalized in November last year. With 8% of Indra, the family business has Escribano right to request counsel in the company's supervisory body. A request that will have to be ratified by the defense giant's shareholders on June 26 or 27.
Waiting to know the opinion of shareholders of Indra at the next general meeting, Murtra himself gave the welcome to the Madrid company into Indra's shareholding in May 2023, when the first capital purchase took place. 'For Indra, yes very good news a company appears with interest to buy shares of the company. We are a company with a long-term industrial vocation and anyone who is a shareholder and buys Indra shares in the long term is good news. Both Escribano and any other investor are Very welcome to Indra,” the president acknowledged when the news broke.
Indra's shareholders will have to give their approval to Murtra
In addition to the mention of Javier Escribano, as a representative of the family business, the shareholders will also have to approve the role of Murtra as president, with the re-election as executive advisor from the company. The point of appointments appears fifth in the order of the day of the meeting, just after the usual points of any general meeting of shareholders. The agenda therefore includes the approval of the annual accounts and management report of Indra Sistemas, SA and its consolidated group for the past financial year; the approval of the consolidated non-financial information statement, i.e. the sustainability report; the approval of the proposal to apply the 2023 result to the resulting distribution of the dividend between the shareholders themselves and the approval of the management of the board of directors during the 2023 financial year.
The remainder of the agenda will be submitted to a shareholder vote on authorization for the shortening the term of the notice of extraordinary general meetings, in accordance with the provisions of Article 515 of the consolidated text of the law on capital companies; the approval of the Medium-term stimulus for the period 2024-2026, for the purposes of Article 219 of the Capital Companies Act; approval of the amendment of the Remuneration policy of the directors for this and the following financial years 2025 and 2026; the advisory vote on the Annual Remuneration Report 2023 or the authorization and delegation of powers for the formalization, registration and implementation of the agreements adopted by the board.
The Indra board will also attend the general meeting of shareholders creation of Indra Espaciothe subsidiary in the aerospace industry announced by the defense giant. In concrete terms, the ninth agenda item considers the approval of the segregation of the “autonomous economic unit” formed by the space company of Indra Sistemas, SA, as a separate company, in favor of Indra Espacio, SLU, which the board literally defines as a “newly created beneficiary company”, in accordance with Indra's board-approved segregation project on March 18, 2024, just two months ago.
This point therefore primarily concerns the take reason of the report of the board of directors on the segregation, of any opinions or comments regarding the management report and/or the segregation project and the lack of an independent expert report. Likewise, it submits to shareholder approval segregation balance, of the balance sheet of Indra Sistemas, SA as of December 31, 2023 and the approval of the segregation project and the segregation as such. Shareholders will have to give their approval to the Constitution of the company that benefits from the so-called spin-off Indra Space, SLU, as designed; the receipt of the segregation according to the special tax regime provided for in Chapter VII of Title VII of Law 27/2014 of November 27 on corporate tax, for the new subsidiary of Space and, finally, the delegation of powers.