Monday 27 June 2011

Narrow remuneration report defeat. Not.

OK, it's only a fledgling, but look at this. On a simple for/against split the vote in favour is just under 10%. Include abstentions and the vote in favour falls to just over 5%. Plus they failed to pass to share issue authority resolution, plus they received a 20% against the report & accounts. Given that they only had five resolutions on the agenda that's not a great AGM.

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