Result of AGM

Summary by AI BETAClose X

At the AGM shareholders approved resolutions 1–7 but rejected resolution 8 (the special resolution to disapply pre-emption rights). Resolution 8 received 3,795,234 votes for (63.82%) and 2,151,500 votes against (36.18%) with 5,946,734 votes cast representing 63.10% of share capital and 400 votes withheld; similar ~63.8%/36.2% splits applied to most other resolutions while resolution 5 was supported 100% (5,947,134 votes). The failure of resolution 8 limits the Board’s ability to issue shares without pre-emption consent, reducing near-term equity-raising flexibility, although the Board stated it had no immediate intention to exercise those authorities.

Disclaimer*

UK 100

Latest directors dealings