Gold prices steady ahead of Fed decision; weekly weakness noted
LONDON - Cranswick plc (LSE:CWK) announced Monday that shareholders approved all resolutions proposed at its Annual General Meeting, though the advisory vote on the Directors’ Remuneration Report received lower support than other measures.
According to a statement based on the company’s press release, the remuneration report resolution passed with 69.21% of votes in favor and 30.79% against, falling below the 80% threshold considered a strong mandate under the UK Corporate Governance Code.
The food producer said it has "actively engaged with shareholders on remuneration in 2025" and will continue discussions, with an update to be published within six months of the meeting, in compliance with governance requirements.
All other resolutions received stronger backing, with the declaration of the final dividend receiving near-unanimous support at 100% of votes cast. Resolutions to re-elect board members passed with varying levels of approval, with Liz Barber receiving 98.78% support while Tim Smith received 89.01%.
The special resolution authorizing share purchases was approved by 100% of votes cast, while measures to disapply pre-emption rights for general purposes and acquisitions passed with 93.16% and 91.70% support respectively.
The company reported that 82.97% of its voting capital participated in the meeting, with 45,025,103 votes cast from a total of 54,264,648 shares in issue as of July 25, 2025.
Cranswick, which specializes in food production, holds its shares on the London Stock Exchange (LON:LSEG).
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.