Trump announces trade deal with EU following months of negotiations
LONDON - Atalaya Mining Copper, S.A. (LSE:ATYM) announced Tuesday that all resolutions proposed at its Annual General Meeting were approved by shareholders, with most receiving over 90% support.
The company reported that 43.39% of its issued share capital participated in the voting. Of particular note, the directors’ remuneration policy received 96.35% approval, a significant improvement following shareholder consultations conducted after the 2024 AGM.
However, four resolutions faced opposition exceeding 20% of votes cast: the re-election of Jesús Fernández (18.26% against), approval of the directors’ remuneration report (25.92% against), approval of long-term incentive plan awards (24.34% against), and approval of a one-off transitional award to the CEO (26.91% against).
In accordance with the UK Corporate Governance Code, Atalaya acknowledged these results and stated it would continue reflecting on concerns raised during a shareholder engagement exercise conducted in late 2024. The company committed to providing an update after further consultations.
Resolution 13b was withdrawn from the meeting due to lack of shareholder support, according to the company’s statement.
Atalaya Mining operates the Proyecto Riotinto copper complex in southwest Spain and is a FTSE 250 constituent. The company’s processing plant has capacity for 15 million tonnes per annum and could potentially serve as a central processing hub for ore from regional projects.
The voting results were disclosed in a press release issued by the company following the meeting held on Tuesday.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.