Bitcoin price today: dips below $112k, near 6-wk low despite Fed cut bets
LONDON - Ascent Resources Plc (LON:AST) announced Friday that shareholders approved all resolutions presented at the company’s Annual General Meeting held earlier in the day.
The voting results, determined by poll, showed strong support for most resolutions, with approval ratings ranging from 74.05% to 99.32%. However, Resolution 4 faced notable opposition, with 25.95% of votes cast against it.
In accordance with the QCA Corporate Governance Code, the board stated it would consider the significant minority vote against Resolution 4 and communicate any proposed actions on the company’s website.
The company also confirmed that Andrew Dennan did not stand for re-election at the AGM, as previously announced on May 22, and has stepped down from the board.
Interim Chair Jean-Michel Doublet acknowledged Dennan’s "significant contributions to the Company over the last five years" and noted that Dennan would continue working with the company in the coming months, particularly regarding Ascent’s ongoing claims against the Republic of Slovenia under the Energy Charter Treaty.
The information in this article is based on a press release statement issued by the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.