Watchstone Group PLC - Result of AGM
Announcement provided by
Watchstone Group PLC · WTG30/05/2023 17:19
Watchstone Group plc
("Watchstone" or the "Company")
RESULT OF ANNUAL GENERAL MEETING
Watchstone's 2023 AGM was held earlier today. The Company announces all resolutions proposed at the Annual General Meeting, were duly passed as follows:
|
Resolution |
Votes for |
% |
Votes against |
% |
Votes total |
% of ISC voted |
Votes withheld
|
|
1 |
24,552,409 |
99.33 |
165,663 |
0.67 |
24,718,072 |
53.69% |
2,409 |
|
2 |
24,713,769 |
99.97 |
6,287 |
0.03 |
24,720,056 |
53.69% |
425 |
|
3 |
23,890,568 |
96.64 |
829,723 |
3.36 |
24,720,291 |
53.70% |
190 |
|
4 |
24,685,161 |
96.64 |
829,749 |
3.36 |
25,514,910 |
55.42% |
190 |
|
5 |
24,685,161 |
99.86 |
34,867 |
0.14 |
24,720,028 |
53.69% |
453 |
|
6 |
24,528,279 |
99.22 |
192,192 |
0.78 |
24,720,471 |
53.70% |
10 |
Further to the Company's announcement on 24 March 2023, Lord Howard (Senior Non-executive Director) and David Young (Non-executive Director) have now stepped down from Board and will not be replaced.
Richard Rose, Non-executive Chairman said: "It has been a great privilege to work closely with Lord Howard and David Young over these last few years as we have dealt with an extraordinarily complex array of operational, legal, regulatory and accounting matters. Their counsel and commitment have proved invaluable to me and the rest of the Board."
Watchstone can also confirm that following the recent dismissal of its claim against PricewaterhouseCoopers LLP ("PwC"), permission to appeal was rejected by the High Court and the Company will now apply to the Court of Appeal for permission to appeal. As is required by the Court, Watchstone will now proceed to pay the sum of
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Watchstone Group plc |
Tel: 03333 44804 |
|
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WH Ireland Limited, Financial Adviser and Broker |
Tel: 020 7220 1666 |
|
Chris Hardie James Bavister
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