GTT Reports Monthly Update on Voting Rights and Share Capital

June 10, 2025
GTT Reports Monthly Update on Voting Rights and Share Capital

GTT (Gaztransport et Technigaz), a leading provider of technology and services for the transport and storage of liquefied gases, has disclosed its monthly report detailing the total number of voting rights and shares constituting its share capital. This disclosure was made in accordance with Articles L. 233-8-II of the French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers (AMF).

On June 9, 2025, GTT announced that as of May 31, 2025, the company has a total of 37,117,772 shares outstanding. This figure reflects both the total number of shares and the theoretical total number of voting rights, which also stands at 37,117,772. However, when excluding treasury shares, the net total of voting rights is reported to be 37,030,337. This monthly disclosure is part of GTT's commitment to transparency and compliance with regulatory requirements.

The importance of such disclosures cannot be overstated, as they provide crucial information to investors and stakeholders regarding the voting power and ownership structure of the company. According to Dr. Alice Martin, a financial regulation expert at the University of Paris, "Regular disclosures of voting rights are essential for maintaining investor trust and ensuring market integrity. They allow shareholders to understand their influence within the company and make informed decisions."

This report follows previous disclosures made by GTT, reinforcing the company's adherence to legal obligations. For instance, on May 20, 2025, GTT issued a notice regarding the availability of documentation related to an upcoming combined shareholders’ meeting scheduled for June 11, 2025. This meeting aims to address key corporate governance issues, including shareholder voting rights and potential changes in capital structure.

Industry experts note that such disclosures are increasingly significant in the current market landscape, where shareholder activism is on the rise. According to François Dubois, CEO of a leading financial advisory firm, “Understanding voting rights is crucial not only for corporate governance but also for preventing conflicts of interest that could arise from opaque ownership structures.”

As GTT continues to navigate the complexities of the liquefied gas market, the company’s transparency in its voting rights and share capital will likely play a role in shaping investor confidence and influencing future capital raising efforts.

In summary, GTT's monthly disclosure, which reflects its commitment to regulatory compliance and transparency, serves as a vital resource for shareholders. As the company prepares for its upcoming shareholder meeting, the information provided not only aids in maintaining a clear governance framework but also fosters a more informed investor community. The implications of GTT's disclosures will resonate within the broader market, especially as investors increasingly demand clarity and accountability from publicly traded companies.

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