On Friday, February 22, by agreement of the governing council of Coato, the ordinary and extraordinary general assembly of Coato was convened with the following items on the agenda:
Presentation and approval, if applicable, of the management report, balance sheet and profit and loss account and proposal for the distribution of results for the 2017-2018 financial year.
Presentation of the audit report and the fiscal and accounting report for the period 2017-2018 by the auditors and advisors, respectively, as well as the information report for the year by the Coato management.
Proclamation of the proposed candidatures and election of all the titular and alternate positions of the governing council, auditors and resource committee, in accordance with the procedure and prerequisites in the Coato statutes.
Recognition delivery to the most outstanding partners in the different products in the 2017-2018 campaign.
Questions and questions.
Previously, on February 5 an official communication was sent to all the partners, explaining all the details related to it, such as the accreditation or proxy voting forms, available for your request since last Monday 18 and until the day of the assembly (Friday, February 22) from 10 in the morning until the beginning of it.
Therefore, for all questions, the partners have been provided with sufficient time and resources, as well as the documentation related to the issues to be debated in the same, following at all times what the statutes indicate.
At the beginning of the assembly, despite the indications received, a group of people who do not belong to the cooperative (some of whom have been expelled as established by the statutes for refusing to contribute their crops) have broken into the room by force where the assembly had to be held in order to boycott it.
Subsequently, they have refused to leave the premises.
His attitude has been of such physical violence that he has endangered the integrity of employees, security guards and other partners.
In fact, some of them had to be treated for contusions of varying consideration.
In this circumstance, the legal services of Coato and the security forces of the State (Guardia Civil), present to guarantee the correct development of the assembly, have recommended the suspension of the same, given the impossibility that the accredited members present there could Exercise your right to vote with freedom.
The assembly will reconvene at a date yet to be determined.
Hours later, the management of Coato has reported to the Civil Guard the theft of some private documents belonging to the cooperative, which included the data (name, DNI) of the registered partners.
Management regrets that the intolerant attitude of a small group of people outside the cooperative has prevented the Coato partners from freely exercising their rights, including electing the governing bodies of the company.
Source: Coato