Endeavour Mining shareholders approve AGM resolutions

Published 23/05/2025, 06:36
Endeavour Mining shareholders approve AGM resolutions

LONDON - Endeavour Mining plc (LSE:EDV, (TSX:EDV), OTCQX:EDVMF) announced that its annual general meeting (AGM) resolutions were approved by shareholders. The voting, conducted by poll on Thursday, showed overwhelming support for all items on the agenda, including the re-election of board members and the appointment of auditors.

The company reported near-unanimous approval for the reception of the 2024 Annual Report, with 99.99% of votes in favor. Director re-elections also garnered strong backing, with the lowest support at 94.12% for Cathia Lawson-Hall and the highest at 99.98% for John Munro. Notably, Sakhila Mirza was re-elected with a 99.96% approval rate.

Approval rates remained high for the appointment of BDO LLP as auditors and authorization for the Audit & Risk Committee to fix their remuneration, both receiving 99.98% of votes for the resolutions. The Directors’ Remuneration Policy and Report were also approved, albeit with a comparatively lower approval of 81.67% and 98.53%, respectively.

Special resolutions, including the authority to allot shares and disapply pre-emption rights, received substantial support, although the latter saw a slight dip in approval to 97.02%. The authority to purchase own shares and the ability to call general meetings with not less than 14 clear days’ notice were also passed with high approval rates.

As of the record date for the AGM, Endeavour Mining had a total of 242,212,493 issued ordinary shares, with 103,147 held in treasury, resulting in a total of 242,109,346 voting rights. Votes withheld, which are not considered actual votes in law, did not significantly impact the outcomes.

This information is based on a press release statement from Endeavour Mining plc. The company will soon upload copies of the resolutions passed, other than ordinary business matters, to the FCA’s National Storage Mechanism, complying with UK Listing Rule 14.3.6 R(2).

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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