Last checked at 9 Aug 2017 17:59
FOR IMMEDIATE RELEASE - 9 August 2017
MOUNTVIEW ESTATES P.L.C.
Mountview Estates P.L.C.
("Mountview" or "the Company")
Result of Annual General Meeting
Mountview Estates P.L.C. is pleased to announce that at the Annual General Meeting held today, Resolutions 1, 2, 3 and 7 were duly passed on a show of hands.
A poll was held on Resolutions 4, 5, 6 and 8 the results of which are set out below:
Resolution | Votes for | % | Votes against | % | Votes total | % of issued share capital | Votes withheld (Note) |
4. to approve the Directors' Remuneration Report
| 1,700,338 | 67.25 | 828,048 | 32.75 | 2,528,386 | 64.85 | 0 |
5. to approve the Directors' Remuneration Policy | 1,700,309 | 67.25 | 828,077 | 32.75 | 2,528,386 | 64.85 | 0 |
6. to re-appoint Messrs BSG Valentine as Auditors of the Company
| 1,700,459 | 67.25 | 827,927 | 32.75 | 2,528,386 | 64.85 | 0 |
Independent Resolution:
| |||||||
8. to re-elect Mrs M L Jarvis | 126,243 | 13.24 | 827,277 | 86.76 | 953,520 | 24.46 | 0 |
Note: A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.
The Company is disappointed to note that Resolution 8, to re-elect Mhairi Jarvis as a Director of the Company, was not approved by a majority of the Company's independent shareholders. It is the Company's current intention that (in accordance with the UKLA Listing Rules) this resolution will be put to shareholders of the Company at a general meeting to be held within 90 and 120 days of today's date. Mhairi Jarvis will remain in her role until the date of that general meeting.
~Ends~
For further information on the Company, visit: www.mountviewplc.co.uk
SPARK Advisory Partners Limited (Financial Adviser) | www.Sparkadvisorypartners.com |
Miriam Greenwood | 0203 368 3553 |
Mark Brady | 0203 368 3551 |