Tuesday, 30 November 2010

Annual board elections snippets

Hagreaves Lansdown had its AGM last week, and the final resolution on the agenda was to amend its articles to introduce annual board elections. Here's the result (99.9% in favour). It was the same result at smallcap Ricardo a couple of weeks back (even though the change to annual elections was bundled with something else from memory).

So whatever else is going on out there, no-one seems to be voting against companies seeking to introduce annual elections through changes to their articles.

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