Foresight Group Holdings Limited has announced the results of its Annual General Meeting (AGM) held on August 2, 2024. All resolutions were duly passed, including the approval of the accounts, the Directors' Remuneration Report, the final dividend, and the re-appointment of directors and auditors. The AGM saw high levels of support for the resolutions, with voting percentages ranging from 85.65% to 100.00%.
The Company's controlling shareholder, the Concert Party, approved the re-appointment of independent directors, as required by the UK Listing Rules. Additionally, the waiver of Rule 9 of the Takeover Code was approved by a majority of the votes cast by the Non-Concert Party Shareholders, in accordance with the Takeover Code.
The independent shareholders' votes for the re-appointment of directors and the waiver of Rule 9 were as follows: Geoff Gavey received 96.22% of votes for re-appointment, Michael Liston received 76.57%, Alison Hutchinson received 97.76%, and the waiver of Rule 9 was approved with 70.24% of votes.
The Company provided full details of each Concert Party member's current shareholdings and their potential shareholdings if the authority granted under Resolution 15 was exercised in full. This comprehensive report demonstrates the successful outcome of the AGM and the support for the Company's resolutions.