Brief: Rallye's General Manager Reduces His Remuneration By 25% For April And May 2020

Finatis SA

28/04/2020 17:29

April 28 (Reuters) - RALLYE SA  GENC.PA :
    * BOARD OF DIRECTORS’ PRESS RELEASE
    * HAS SET 26 JUNE 2020 AS DATE FOR ANNUAL GENERAL MEETING OF
SHAREHOLDERS
    * GENERAL MANAGER, MR FRANCK HATTAB, DECIDED TO REDUCE HIS
REMUNERATION BY 25% FOR MONTHS OF APRIL AND MAY 2020
    * FIXED COMPENSATION OF GENERAL MANAGER WILL NOT BE
INCREASED IN
2020
    * DIRECTORS OF BOARD OF DIRECTORS AND ADVISORS HAVE ALSO
AGREED TO
WAIVE THEIR COMPENSATION ON EQUAL TERMS

Source text for Eikon:  ID:nBw5SDWL2a 
Further company coverage:  GENC.PA 

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