Brief: Coalition Of Minority Shareholders, Led By Western Gate, Write Letter To Board Of DIA Requesting Urgent Changes

Distribuidora Internacional de Alimentacion SA

13/12/2024 07:31

Dec 13 (Reuters) - Coalition of minority shareholders of DIA  DIDA.MC , led by Western
Gate:
    * COALITION OF MINORITY SHAREHOLDERS IN DIA, LED BY WESTERN GATE, WRITE LETTER TO BOARD OF
DIRECTORS REQUESTING URGENT CHANGES AT DIA
    * COALITION IS DEMANDING IMMEDIATE ACTION FROM DIA’S BOARD, CALLING OUT YEARS OF BEING
REPEATEDLY
IGNORED
    * DEMANDING BETTER REPRESENTATION, TRANSPARENCY, AND A MORE INCLUSIVE DECISION-MAKING
PROCESS AT
DIA
    * LETTER HAS BEEN SIGNED BY 37 MINORITY SHAREHOLDERS WHO SUPPORT THE CAMPAIGN
    * COALITION STILL HAS FUNDAMENTAL CONCERNS ABOUT DIA’S  SIGNIFICANT UNDERVALUATION RELATIVE
TO ITS
PEERS


Further company coverage:  DIDA.MC 

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