Chesnara PLC has announced the release of its 2023 Annual Report & Accounts and Notice of Annual General Meeting (AGM). The AGM is scheduled to take place on Tuesday, 14th May at 11:00am at the offices of Panmure Gordon & Co in London. Shareholders are encouraged to vote electronically and submit questions in advance via email. The Company's preliminary results for the year ended 31st December 2023 were announced on 28th March 2024.
The 2023 Annual Report & Accounts and Notice of AGM are available for viewing on the Company's website and have been uploaded to the National Storage Mechanism. Mark Hesketh, Independent Non-Executive Director, has stepped down from the Board, resulting in the withdrawal of Resolution 9 from the AGM agenda. However, this withdrawal does not affect the validity of the Notice of AGM or any votes in respect of the remaining resolutions.
Luke Savage, the Company's Chair, expressed his gratitude for Mark Hesketh's contribution to the Board and announced Hesketh's newly appointed role as the Chair of the Company's UK business. Chesnara is a European life and pensions consolidator listed on the London Stock Exchange, administering approximately one million policies and operating in the UK, the Netherlands, and Sweden. The Company follows a three-pillar strategy, focusing on efficient policy administration, writing profitable new business, and undertaking value-adding acquisitions, which has enabled Chesnara to increase its dividend for 19 years in succession.