Adcero founders, Klaus J. Jacobs and Philippe Foriel-Destezet, renew their pledge to Adcoco following the expiration of their shareholder contract.
Jacobs AG and Akila Finance S.A. Reinforce Shareholding Commitment
In a recent development, Jacobs AG and Akila Finance S.A. have reaffirmed their commitment to a yet-to-be-identified entity. This announcement comes after the expiration of the Shareholders' Agreement between the two companies, which was established at the merger of Adia and Ecco in 1996 and was set to expire on 8th May 2002.
Klaus J. Jacobs, who previously held a position on the Board of Directors, retired from his role at the AGM held on 17th April 2002. His son, Christian Jacobs, took over the vacant seat. Despite Klaus J. Jacobs' departure, he, along with Philippe Foriel-Destezet, has reaffirmed their commitment to the unidentified entity. The specific terms of this commitment, however, remain undisclosed.
Philippe Foriel-Destezet continues to be a member of the Board of Directors. John Bowmer has taken over the Chairmanship from Klaus J. Jacobs.
Regarding the shareholding commitments and future plans for Adia and Ecco following the expiration of the shareholders' agreement between Jacobs AG and Akila Finance S.A., there is currently no specific information available. For further details, it is recommended to consult official communications from the involved companies or financial disclosures directly related to Jacobs AG, Akila Finance S.A., ADIA, and Ecco.
For more information and comments, contact Chris King at our management & consulting SA, Helena Rasetti at our group Investor Relations, [email protected] at Jacobs AG, or [email protected] at Akila Finance SA.
The updated commitments of Jacobs AG and Akila Finance S.A. are not limited to the past entity, as they have reaffirmed their involvement in a new, unidentified business. Despite Klaus J. Jacobs' retirement, he, along with Philippe Foriel-Destezet, continues to be actively engaged in the finance sector, especially in relation to this undisclosed business.
