A bizarre proxy fight at US life sciences company CNS Response Inc appears to hinge on the validity of a special meeting, writes Scott Fenn of ProxyGovernance. In one of the stranger US proxy contests witnessed in recent years, Leonard …
Read MorePress reports today suggest that Leo Kirch is likely to participate in mediation talks with Deutsche Bank in an effort to resolve his long-running dispute with the company.
Earlier this week, the Landgericht in Frankfurt (a local court), found …
Read MoreThe AGM of Quintain Estates & Development plc, to be held on 9 September, will again include a separate resolution to approve the report of the Audit Committee. Furthermore, shareholders will be asked to vote on the re-election of the …
Read MoreTesco’s AGM today saw the largest against vote (41.03%) against a share plan at a FTSE 100 company since Manifest began collecting voting data in 1996. When analysed including abstentions, it was the largest rebellion in the FTSE 100 in …
Read MoreThree AGMs have this week seen shareholder dissent reach notable levels.
Home Retail Group shareholders voted to approve the remuneration report, but dissent represented the fifth biggest rebellion on the remuneration report in the FTSE 100 so far in 2009. …
Read MoreSome 18 Japanese companies are known to have disclosed the results of their 2009 AGMs on their corporate websites, in what is an improvement from two companies on 2008 according to Sumitomo Trust. Japanese regulators are expected to introduce a …
Read MoreThe results of the voting at the AGM and GM of Lloyds Banking Group held today have now been released by the Company and show that, after the Government holding of 7,277,204,386 shares is excluded, over a third of the …
Read MoreAt today’s AGM of Tomkins plc (FTSE 250 constituent), only 38.8% of shareholders voted in favour of the remuneration report resolution. Measured in terms of dissent (61.2%), the rebellion against the remuneration report ranks just outside the top ten all-time …
Read MoreThe advisory vote on the remuneration report at AGM of OZ Minerals on 11 June is expected to see a very significant protest vote following the AU$10m severance payment received by former Oxiana CEO, Owen Hegarty, during the year. The …
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