Following the failure of its initial meeting due to a lack of quorum, Label’Vie has scheduled a second Ordinary General Meeting for its bondholders. The session is set to take place on March 26, 2025, at 5:00 PM at the headquarters of BDO in Casablanca.
Bondholders who participated in the private placement issued on December 30, 2024—approved by the Moroccan Capital Market Authority—are invited to vote on key resolutions. Unlike the first meeting on February 24, 2025, which could not proceed due to insufficient attendance, this second gathering will be able to make binding decisions regardless of the number of bondholders present or represented.
The agenda includes appointing a permanent representative for the bondholders, delegating certain powers, and fulfilling necessary legal formalities.
One of the primary resolutions proposes the appointment of Amine Baakili as the bondholders’ permanent representative. His role would be to safeguard their interests and oversee essential administrative and legal matters related to the bond issuance. The costs associated with this position will be covered by Label’Vie.
To participate, bondholders must submit proof of their account registration either directly at Label’Vie’s headquarters or through an authorized intermediary no later than five days before the meeting.
This second meeting is a critical step in managing Label’Vie’s bond issuance, ensuring investor protection while maintaining compliance with regulatory requirements.
