At Arvida Group Limited's annual shareholder meeting, held in Christchurch today, shareholders were asked to vote, by way of poll, on five resolutions. All resolutions were all unanimously supported by the Board.
The Board of Arvida Group Limited is pleased to announce that all of the resolutions were passed by shareholders. These included:
Michael Ambrose and Paul Ridley-Smith were re-elected as a Directors;
The allocation of Director fees was approved;
The shares issued pursuant to the acquisition of Copper Crest and Lauriston Park were ratified; and
For
Against
Abstain
Resolution One
Michael Ambrose be re-elected as a Director
137,477,080
99.9%
144,179
0.1%
2,342,228
Resolution Two
Paul Ridley-Smith be re-elected as a Director
133,502,432
100.0%
0
0.0%
6,461,055
Resolution Three
Increase to the Director fees
128,404,455
99.5%
592,946
0.5%
10,966,086
Resolution Four
Shares issued pursuant to the acquisitions be ratified
139,702,074
99.9%
88,727
0.1%
172,686
Resolution Five
Directors be authorised to fix the auditor's fees and expenses
138,996,343
99.9%
73,370
0.1%
893,774
The Board was authorised to fix the auditor's fees and expenses. Detail of the total number of votes cast in person or by a proxy holder are:
Total votes at the meeting were 139,790,801 or 41.8% of the 334,260,879 shares on issue. Jeremy Nicoll
Chief Financial Officer and Company Secretary
- ENDS -
For more information contact:Jeremy Nicoll, Chief Financial Officer, Arvida Group Limited Telephone: 021-403-665 or email: jeremy.nicoll@arvida.co.nz
Arvida Group Limited published this content on 07 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 July 2017 00:35:13 UTC.
Original documenthttps://arvida.co.nz/MediaReleaseAttachments/303758/261325.pdf
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