Mills holds shareholder meeting, backs board shake-up tied to Loxam deal
Reuters2026/08/24 19:27- Mills held an extraordinary shareholder meeting on Aug. 24, 2026.
- Shareholders adopted a resolution to remove all board members, granting full release, subject to completion of Loxam SAS’ control acquisition.
- A separate resolution to cut the board to five members from eight was adopted, effective only upon deal completion.
- Shareholders adopted resolutions to waive a board-candidacy requirement for Gérard Georges Déprez, Stéphane Jean Hénon, conditional on deal completion.
- Investors approved settling the restricted-share incentive plan in the transaction, expanding the plan’s share pool to up to 9,242,519, conditional on completion.
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