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LONDON - Ecora Resources PLC (LSE/TSX:ECOR), a company involved in the natural resources sector, announced that its shareholders have passed all proposed resolutions during its Annual General Meeting (AGM) held on Thursday. The company, which conducted a poll for each resolution, confirmed that the voting reflected strong support from its shareholders.
With an issued share capital consisting of 261,732,553 ordinary shares, Ecora reported that 12,697,887 shares were held in Treasury, bringing the total number of voting rights to 249,034,666. The resolutions covered a range of corporate governance and operational matters, with the percentage of votes cast for each resolution exceeding 94%.
The detailed voting results showed overwhelming majority support, with the lowest approval at 94.89% for one of the resolutions. The highest approval rate was 99.99%, indicating a unified stance from the shareholders on the company’s direction and leadership.
Votes were cast representing nearly half of the issued share capital for each resolution, demonstrating a substantial level of engagement from the shareholders. The votes withheld, which are not votes in law and do not count in the calculation of the proportion of votes for or against a resolution, were relatively low across all resolutions.
Ecora’s management expressed satisfaction with the outcome, which they believe demonstrates shareholder confidence in the company’s strategy and governance practices. The results of the AGM are to be made available on the company’s website and submitted to the National Storage Mechanism, as per UK Listing Rule 6.4.2, for public inspection.
The company has communicated that further information regarding the AGM outcomes can be found on their website. This report is based on a press release statement issued by Ecora Resources PLC.
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