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Stock impact report

WENDEL: IHS Towers and Wendel agree to present and support changes to the corporate governance of the Company at the next IHS Towers' annual general meeting [Yahoo! Finance]

IHS Holding Limited (IHS) 
US:NYSE Investor Relations: investor.ihsmarkit.com
Company Research Source: Yahoo! Finance
Wendel, a significant shareholder of IHS Holding Ltd (“IHS Towers or the “Company”) since 2013, announces an agreement with IHS Towers to present and support changes to the articles of association of the Company at the next IHS Towers' annual general meeting. This agreement is to better align IHS Towers' corporate governance with the best practices of U.S.-listed companies, to create greater alignment between the Company's Board of Directors and the shareholders, to foster accountability, and to improve the general market perception of IHS Towers now that the company has been listed publicly for more than two years. As part of this agreement, the following changes to the articles of the Company will be proposed for approval at the next IHS Towers' annual general meeting of shareholders (the “2024 AGM”): IHS Towers' Board would be declassified gradually over two years in 2024 and 2025 and, following IHS Towers' 2025 AGM, all directors would be elected on an annual basis. The o Show less Read more
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