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NORTHAMPTON - Forterra (NASDAQ:FRTA) plc, a leading manufacturer of masonry products, announced that all resolutions proposed at its Annual General Meeting (AGM) on Tuesday were approved by shareholders. The meeting took place at the Hilton Northampton and saw a series of standard corporate resolutions passed, including the adoption of the annual report and accounts, the reappointment of auditors, and the authorization of director remuneration.
The resolutions included the approval of the company’s financial statements for the year ended December 31, 2024, and the declaration of a final dividend of 2.0 pence per ordinary share. In addition, the AGM saw the election and re-election of several directors, with Nigel Lingwood being newly elected and others, including Neil Ash, Ben Guyatt, Katherine Innes Ker, Gina Jardine, Martin Sutherland, Vince Niblett, and Aysegul Sabanci, being re-elected to the board.
The company also received authorization to make political donations, allot share capital, and purchase its own shares. Two special resolutions were passed to disapply statutory pre-emption rights, and another to authorize the company to hold general meetings with 14 clear days’ notice rather than the standard 21.
Each resolution was voted upon by poll, and the percentages of votes for and against were disclosed, with the majority of resolutions receiving near-unanimous support. The total number of ordinary shares in issue was reported as 212,803,389 shares.
The results of the AGM reflect shareholder confidence in the current management and strategic direction of the company. The full text of each resolution and further details can be found on the company’s website and will be available for inspection on the National Storage Mechanism.
This information is based on a press release statement provided by Forterra plc and has been released through RNS, the news service of the London Stock Exchange (LON:LSEG).
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