Fugro has three protective measures to protect itself against a hostile take-over:
- Certification of the ordinary shares via Foundation Trust Office
- Protective preference shares via Foundation Protective Preference Shares Fugro
- Cumulative protective preference shares via Foundation Continuity Fugro
The rationale for these measures is as follows: When carrying out assignments, Fugro receives or can have access to clients’ extremely confidential information. For this reason, it is essential for Fugro that it can safeguard its position as an independent service provider.
More information on the protective measures is available in the corporate governance section of the annual report.