He Cádiz this Monday celebrates the General Meeting of Shareholders, with the presence of 99.06% of the shares and all members of the entity’s Board of Directors.
The Board approved a too much from the last course of 795,000 euros and a budgetfor this 2023-24 season, 70 million of euros.
Also, the management of the Council had approval majority, as well as all the points that formed the agenda of the Board, according to the club.
Among them, the agreement of delegation to the Board of Directors so that it can be agreed upon capital increase through financial contributions, with preferential subscription rights for a maximum period of five years and up to a maximum amount of half of the current share capital.
Source: La Verdad

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