TUI’s Hanover AGM was finally closed by the chairman at  21:00 on 13 May having started at noon.  Monteray Enterprises, TUI’s largest shareholder, failed in its efforts to remove two members of Supervisory Board; appoint two representatives of Monteray to the Supervisory Board; and to request two ‘Special Audits’. According to the official results, turnout at the meeting […]

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The Times sources Manifest data today in it’s report on the Barclays AGM. The vote against the Chairman was the largest against vote recorded on the election of a FTSE 100 Chairman during the last five years. Some 16.14% of votes cast were against his re-election, while a further 0.92% of those voting abstained. If […]

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Ahead of the Rio Tinto AGMs, Manifest flagged up its concerns regarding the re-election of Sir Roderick Eddington in our meeting business report. Manifest’s US partners, Proxy Governance, issued an ‘against’ recommendation on his re-election. The results of the voting the AGMs in London and Sydney have now been released. Each of the director election […]

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The resolution on the remuneration report at Royal Bank of Scotland Group plc represents the highest ever “Total Dissent” vote on the remuneration report since the introduction of the requirement for the report to be put forward to a non-binding vote.

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With the United Kingdom due to implement the EU Shareholder Rights Directive by 3 August 2009, many companies have included on their AGM agendas a resolution to allow them to continue to hold EGMs on 14 days notice, as currently permitted. The Companies Act 2006 enables listed companies to call a general meeting (other than […]

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It’s lucky for Xstrata that it’s listed in the UK rather than France otherwise their EGM results announcement would have a different story to tell about the level of shareholder unhappiness at yesterday’s meeting to approve the Glencore deal. Put another way, shareholders didn’t lend the overwhelming support to Xstrata’s proposals that the company would like you […]

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The life insurance company Tower Australia Group Ltd, held its AGM on 11 February 209 and saw significant opposition from shareholders on resolution to approve the grant of 250,000 performance share rights to MD, Jim Minto.  Australian companies are required to seek approval annually for any grants proposed to be made to the executive directors. The […]

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