No Aegis Board Seats for Bolloré

BOSTON Aegis Group today said shareholders at its annual meeting in London rejected Vincent Bolloré’s bid to appoint two members to the company’s board.

Of the 75 percent of eligible votes cast, 94 percent of those not controlled by Bolloré called for the rejection of the French financier’s proposed appointments, Aegis said. All told, 58 percent of the votes cast went against Bolloré.

Lord Sharman, chairman of Aegis, said in a statement, “So far as we are concerned this was a single disagreement about a single issue of principle and we remain committed to an open and frank dialogue with all of our shareholders, including Bolloré Group.