Marc Coucke, the largest shareholder in Unifiedpost through his holding company Alychlo, has expressed dissatisfaction with the company’s recent performance. Alychlo stated that Unifiedpost has consistently fallen behind both the sector and comparable companies, prompting a drop in the share price over 80 percent since the IPO in September 2020.
As a result, Alychlo is seeking more influence as a 17.02 percent shareholder by demanding the resignation of two directors, including the chairman. The appointment and remuneration committee of Unifiedpost must now provide an opinion on Alychlo’s proposals. After which, the board of directors will inform shareholders of their stance on the matter. Changes in leadership are imminent as Unifiedpost navigates through this challenging period.
The future of Unifiedpost will be shaped by the decisions made in the coming weeks as shareholders weigh in on the direction of the company. Coucke’s call for change signals a turning point for Unifiedpost as it strives to regain market confidence and meet performance expectations.
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