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LONDON - evoke plc (LSE:EVOK), a global leader in betting and gaming, announced that its shareholders have approved all resolutions during the company’s Annual General Meeting (AGM) held today. The votes were cast on a poll, with resolutions ranging from the approval of the Annual Report & Accounts for 2024 to the re-election of board members and the re-appointment of auditors.
The company, which operates brands like William Hill, 888, and Mr Green, saw Jon Mendelsohn re-elected as a director with 97.15% of the votes in favor. Other board members also received strong support, with the lowest percentage of votes in favor being 79.18% for the special resolution to renew the Directors’ authority to allot equity securities for cash without first offering them to existing shareholders.
The AGM’s turnout was significant, with over 238 million votes cast, representing a 53% turnout of the total number of ordinary shares in issue. evoke’s Chairman Jon Mendelsohn expressed gratitude to the shareholders for their support and engagement, highlighting that the company’s Q2 has begun in line with expectations and that there is confidence in the plans for the remainder of the year.
However, approximately 20% of votes were cast against the Board’s recommendation for resolutions 16 and 17, which concern the authority to allot equity securities for cash in connection with acquisitions or investments. In response, evoke’s Board acknowledged the importance of shareholder votes and committed to engaging with shareholders to understand their feedback. The company will publish a detailed statement within six months of the AGM, as per the UK Corporate Governance Code, outlining the outcome of this engagement and any actions taken.
The resolutions passed will soon be available for inspection at the UK’s National Storage Mechanism. The information is based on a press release statement from evoke plc.
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