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LONDON - Fenikso Limited (AQSE:FNK), a Cayman Islands litigation asset company, announced Tuesday that shareholders approved all resolutions put forward at its Annual General Meeting, with one resolution withdrawn prior to voting.
The company reported that shareholders representing 18.33% of the issued share capital participated in the vote, with a combined share capital of 90,378,619 ordinary shares.
Resolutions to approve the annual reports and accounts, re-elect board members Thomas Richardson, Marco D’Attanasio, and Dipo Sofola, and re-appoint Bright Grahame Murray as auditors were all passed. Shareholders also approved the electronic distribution of annual returns and financial statements.
Resolution 8, which would have authorized directors to allot up to 162,674,418 ordinary shares, was withdrawn following consultation with certain shareholders. The company stated it will engage with shareholders regarding the intention behind this resolution.
Notable voting patterns showed that while all proposed resolutions passed, more than 20% of votes were cast against the re-election of Marco D’Attanasio as director (24.06%) and against authorizing directors to make market purchases of up to 123,238,196 ordinary shares (20.71%).
Fenikso indicated it plans to engage with major shareholders to understand the basis for these votes against the resolutions.
The information was provided in a company press release statement following the AGM held on July 29, 2025.
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