Marc Coucke, the largest shareholder in Unifiedpost through his holding company Alychlo, has expressed dissatisfaction with the company’s recent performance and called for change. According to him, Unifiedpost has consistently underperformed and fallen behind both the sector and comparable companies. This has led to a drop in the share price, which has prompted Alychlo to seek more influence as a 17.02 percent shareholder.
On May 21, Alychlo will allow shareholders to vote on the removal of two current directors, including the chairman, and the appointment of four new directors. The appointment and remuneration committee of Unifiedpost must now provide an opinion on Alychlo’s proposals. After this, the board of directors will inform shareholders of their stance on the matter. Changes in leadership are imminent as Unifiedpost navigates through this challenging period.
The future of Unifiedpost will be shaped by the decisions made in the coming weeks as shareholders weigh in on the direction of the company. Coucke’s call for change signals a turning point for Unifiedpost as it strives to regain market confidence and meet performance expectations.