The merger project was approved by the Board of Directors on February 28. It has been notified to the Trade Registry in the following days and will be published in the Official Gazette. But it doesn’t end here. The announcement for the convocation of the Ferrovial General Assembly will be published later, and will continue to be held 35 days later, in April or May as anticipated so that the resolution can be approved.
After the meeting, shareholders who oppose the decision will have one month to exercise their right to repurchase their shares at 26 euros each. Ferrovial donated 500 million for it, so 2.57% negative destroys the transfer of social capital. A priori, if they convene the Shareholders’ Meeting today, registered workplace change could not be closed until June.