Claranova announced on Friday that the Nanterre Commercial Court had rejected the request by a group of Canadian investors to suspend the capping of their voting rights.

The summary order issued on Wednesday dismissed the request by Quebec-based The Dadoun Family Trust and its representatives to suspend the capping of their voting rights.

The court also rejected their request to appoint an ad hoc proxy for the purposes of the forthcoming AGM.

As a result, the voting rights of the Canadian investors in respect of their current shareholding will remain capped at some 0.8% at the AGM to be held on November 29, 2023.

In addition, the Commercial Court once again ordered the Canadian plaintiffs to pay Claranova the sum of 20.000 euros in civil damages, plus costs.

A second lawsuit, also initiated by the Canadian investors, will be heard at a date yet to be set.

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