MERCATOR – VIDEO COMMENTARY from the Topsy-Turvy General Assembly: Commentaries on the Circumstances and Consequences of the Resignation of Management Board and the Replacement of the Supervisory Board by the Laško Brewery Group, UniCredit Bank, NFD1

The video commentary (please click on the picture above) discussing the very ground-breaking events that occurred before and after the 18^th General Assembly of Mercator, d.d, one of not only the most important companies in the Republic of Slovenia but also of its economic, financial, political, and overall social reality and perspective.

At the 17^th Shareholder's Meeting of Mercator, which took place on 22^nd of June, all of the resolutions proposed by the Management and Supervisory Board were adopted - all with over 99.9% IN FAVOR of the votes cast. Such an outcome was foreseen, although there were suggestions that voting rights were taken from some of the larger shareholders. In addition, the largest shareholder, Pivovarna Laško, d.d., did not attend nor was represented at the Shareholders' Meeting, since they had just reached an agreement with the banks on selling the majority of shares of Mercator, d.d.

The overall shareholder representation was extremely low with only 23.45% votes. In the framework of the proxy collection, 2.61% of the company's capital was represented. Of the 1,917 collected proxies, VZMD representatives, Andreja Sever and Blaž Strojan, M.Sc., received 768 proxies or 40.06% of the proxies.