MILAN (Reuters) - A Milan court has postponed a hearing to rule on a request from Mediaset shareholder Simon Fiduciaria to scrap two decisions which the investor was banned from voting on at an AGM last year, a legal source said on Tuesday.
The source said the hearing had been moved to Oct. 22.
Vivendi (PA:VIV), which holds 29 percent of Mediaset, last year transferred a 19.19 percent holding in Italy's biggest private broadcaster to the Simon Fiduciaria trust to comply with antitrust demands it cut its stake in either Mediaset or telecoms incumbent Telecom Italia (MI:TLIT).
In June, Mediaset prevented the trust from voting at its annual general meeting, prompting Simon Fiduciaria to launch a legal challenge to have two of the decisions taken at the meeting scrapped.
The two decisions related to the establishment of an incentive and retention plan and of a stock option plan.