-

Mason Capital Management to Support Grifols Recommended Director Slate at Upcoming Ordinary General Meeting

Believes Board Leadership Continuity and Continued Management Focus and Execution Will Drive Long-Term Shareholder Value

NEW YORK--(BUSINESS WIRE)--Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts holding approximately 3% of Grifols S.A. (“Grifols” or the “Company”) (BME: GRF) (NASDAQ: GRFS) class A shares, today announced that it sent a letter to the Grifols Board of Directors (the “Board”) expressing Mason’s support for the Company’s recommended slate of director candidates for election at the Ordinary General Shareholders’ Meeting to be held on June 4 and 5, 2025.

The full text of the letter follows:

May 28, 2025

Grifols, S.A.
Avinguda de la Generalitat 152-158
08174 Sant Cugat del Vallès
Barcelona – SPAIN

Dear Grifols Board Members:

Mason Capital owns ~3% of Grifols A shares. We are aligned with the current Board and are supportive of the recommended slate of director candidates for election at the AGM. We appreciate the constructive dialogue with Board members to date, particularly Tomas Daga, the retiring Thomas Glanzmann, and the incoming chairwoman Anne Berner.

Grifols has amalgamated world class assets over its long history and benefits from an excellent management team that is executing on an achievable 5-year plan. Mason believes board leadership continuity and continued management focus will lead to a much higher stock price over time, as more long-only investors engage with Grifols shares.

Regards,

Kenneth M Garschina
Managing Member
Mason Capital Management

About Mason Capital Management LLC

Mason Capital Management LLC is an absolute return focused investment firm that combines deep fundamental analysis with hard catalysts to drive value creation. Founded in July 2000 by Ken Garschina and Mike Martino, Mason’s strategies range from event-driven investing to corporate carve-outs and control acquisitions.

Contacts

Jonathan Gasthalter/Sam Fisher
Gasthalter & Co.
+1 (212) 257-4170

Mason Capital Management LLC


Release Versions

Contacts

Jonathan Gasthalter/Sam Fisher
Gasthalter & Co.
+1 (212) 257-4170

More News From Mason Capital Management LLC

Mason Capital Management Sends Letter to SEC Requesting Immediate Investigation Into Proxy Advisory Recommendations Regarding JBS Dual Listing Proposal

NEW YORK--(BUSINESS WIRE)--Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts owning 2.4% of the minority shares of JBS S.A. (“JBS” or the “Company”) (BVMF: JBSS3), today sent a letter to the United States Securities and Exchange Commission (“SEC”) urging the SEC to initiate an inquiry into recent proxy advisory recommendations issued by Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”) in connection with JBS’s...

Mason Capital Management Sends Letter to Spanish National Securities Market Commission Regarding Lack of Transparency by Grifols

NEW YORK--(BUSINESS WIRE)--Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts holding approximately 2.5% of Grifols S.A. (“Grifols” or the “Company”) (BME: GRF) (NASDAQ: GRFS) class A shares, today sent a letter to the Spanish National Securities Market Commission (the “CNMV”) calling the CNMV’s attention to the troubling and value destructive lack of transparency by Grifols and its Board of Directors (the “Board”). In the letter, Mason urges the CNMV...

Mason Capital Management Requests Immediate Disclosure of Important Information Regarding Conflicted Grifols Director Tomas Daga

NEW YORK--(BUSINESS WIRE)--Mason Capital Management LLC (“Mason”), a registered investment advisor to funds and accounts holding approximately 2.1% of Grifols S.A. (“Grifols” or the “Company”) (BME: GRF) (NASDAQ: GRFS) class A shares, today sent a letter to the Grifols Board of Directors (the “Board”) requesting the disclosure of important information regarding Tomas Daga, a nearly 25-year member of the Board and the Grifols family’s closest advisor, so that Grifols shareholders have a better u...
Back to Newsroom