Last checked at 19 Nov 2018 13:12
FOR IMMEDIATE RELEASE - 19 November 2018
MOUNTVIEW ESTATES P.L.C.
Mountview Estates P.L.C.
("Mountview" or "the Company")
Result of General Meeting
Mountview Estates P.L.C. is pleased to announce that at the General Meeting held today, Resolutions 1, 2 and 3 were duly passed on a poll, the results of which are set out below:
Resolution | Votes for | % | Votes against | % | Votes total | % of issued share capital | Votes withheld (Note) |
1. to approve the Amended Directors' Remuneration Policy
| 1,505,744 | 61.57 | 939,883 | 38.43 | 2,445,627 | 62.72 | 202 |
2. to re-appoint Mr A C J Solway as a director of the Company
| 1,504,226 | 61.51 | 941,463 | 38.49 | 2,445,689 | 62.73 | 140 |
3. to elect Mr A W Powell as a director of the Company
| 1,504,746 | 61.53 | 940,943 | 38.47 | 2,445,689 | 62.73 | 140 |
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 notes, and is disappointed, that there was a significant minority vote (being more than 20 per cent.) against each of the Resolutions. As we have done previously, we will seek to continue to engage with independent shareholders to take into account their concerns and considerations in the future.
~Ends~
For further information on the Company, visit: www.mountviewplc.co.uk
SPARK Advisory Partners Limited | www.Sparkadvisorypartners.com |
Miriam Greenwood | 0203 368 3553 |
Mark Brady | 0203 368 3551 |