SOURCE: HAVAS

June 03, 2009 12:22 ET

HAVAS: Annual Shareholders' Meeting

SURESNES, FRANCE--(Marketwire - June 3, 2009) - The Havas Annual Shareholders' Meeting took place today at the Group Headquarters. All the proposed resolutions were adopted. The dividend of 4 cents EUR per share will be paid on June 10th 2009.

The term of office of Mr Fernando Rodés Vilà was renewed for a further term of three years.

The shareholders also appointed a new independent Director, Mrs Véronique Morali.

During the meeting it was indicated that the Havas Group's cash situation is satisfactory; since the beginning of the year, the level of average net debt has decreased by 56% compared to the same period last year.

Biographical details of Mrs Véronique Morali

After IEP (political science studies) and ESCP (Paris business school), Véronique Morali studied at ENA (French national school of administration) and began her career at the French Finance Inspectorate which she left in 1990 to join Marc de Lacharrière at the creation of Fimalac.

As a Director and CEO of Fimalac, she worked with the founder to make this listed company truly international, and played an active part in the group's strategic business decisions.

After operating in industry (Alspi, Facom, LBC), real estate (Sefineg), market surveys (Sofres, Secodip) and the press (V.A. & Le Journal des Finances), Fimalac is now focused on financial rating through the Fitch group, one of the world's leading rating agencies, and its subsidiaries Fitch Ratings and Algorithmics.

Véronique Morali has been a director of Tesco PLMB (Britain's leading retailer), Club Med, Valeo, and Eiffage. She has also been a member of French market authority Conseil des Marchés Financiers.

She is currently member of the Supervisory Board of La Compagnie Edmond de Rothschild, Chairperson of Fimalac Development, Vice-Chairperson of Fitch Rating and Chairperson of the Medef's commission on economic dialogue. She also chairs Force Femmes, an association helping women over 45 years of age to become actively employed again, as well as being President and Founder of Terrafemina.com, a website for active and informed women.

About Havas

Havas (Euronext Paris: HAV.PA) is a global advertising and communications services group. Headquartered in Paris, Havas operates through its two Business Units (the term " Business Unit " will from now on replace the term " Division "), Havas Worldwide and Havas Media, in order to optimize synergies and further reinforce Havas's position as the most integrated of all of the major holding companies. Havas Worldwide incorporates the Euro RSCG Worldwide network as well as agencies with strong local identities : Arnold in the USA, the UK and Italy, H and W&Cie in France, Palm+Havas in Canada... Havas Media incorporates the MPG, Arena, Havas Sports & Entertainment and Havas Digital networks. A multicultural and decentralized Group, Havas is present in more than 75 countries through its networks of agencies and contractual affiliations. The Group offers a broad range of communications services, including traditional advertising, direct marketing, media planning and buying, corporate communications, sales promotion, design, human resources, sports marketing, multimedia interactive communications and public relations. Havas employs approximately 14,700 people.

Further information about Havas is available on the company's website: www.havas.com

This information is provided by HUGIN

Contact Information

  • Contacts:

    Communication:
    Lorella Gessa
    Director of Communications
    Tel: +33 (0)1 58 47 90 36
    Email Contact

    Investor Relations:
    Hervé Philippe
    Chief Financial Officer
    Tel: +33 (0)1 58 47 91 23
    Email Contact

    Elsa Cardarelli
    Director of Investor Relations
    Tel: +33 (0)1 58 47 90 58
    Email Contact