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materiality 0.35
Smurfit WestRock amends constitution, creates 8% non-voting preferred shares and issues 10,000 for services
Smurfit Westrock plc
- Board and sole shareholder approved amendment to articles of association on June 26, 2024.
- Authorized share capital raised to US$10M and €50k; 9.5B ordinary shares of $0.001 and 500M preference shares created.
- New class of 8% non-cumulative, non-voting Series A preferred shares of $0.001 each established.
- 10,000 preferred shares issued to Matsack Trust Limited for legal services under Section 4(a)(2) exemption.
- Rights of preferred shares summarized in S-4 registration effective April 26, 2024.