Helios Towers shareholders approve all AGM resolutions

Published 15/05/2025, 15:36
Helios Towers shareholders approve all AGM resolutions

LONDON - Helios Towers plc, a leading telecommunications tower infrastructure company, announced on Thursday that all resolutions proposed at its Annual General Meeting (AGM) were approved by shareholders. The AGM, which took place earlier today, saw a series of ordinary and special resolutions passed, reflecting strong support for the company’s management and strategic direction.

The resolutions included the approval of the Annual Report and Financial Statements for the year ended December 31, 2024, and the re-election of several company directors. Notably, Dana Tobak, CBE, was elected as a new director with an overwhelming majority of 99.89%, while other directors such as Sir Samuel Jonah, KBE, OSG, and David Wassong were re-elected with significant majorities.

Additionally, Deloitte LLP was reappointed as the company’s auditor, and the directors were authorized to make political donations and political expenditure up to £100,000. Shareholders also granted authority to the directors to allot securities and to disapply pre-emption rights, which are typically used in equity issuances.

The special resolutions included the authorization for the company to make market purchases pursuant to Section 701 of the Companies Act 2006 and to call a general meeting with not less than 14 clear days’ notice.

The total number of shares in issue at the voting date was 1,055,500,000. Votes withheld, which are not counted in law as votes for or against a resolution, were reported for each resolution.

The company’s commitment to transparency and shareholder communication was evident as it provided the full text of all the resolutions on its website and the National Storage Mechanism. This move ensures that shareholders and the public can access detailed information about the proceedings and decisions made at the AGM.

The approval of all resolutions indicates shareholder confidence in Helios Towers’ governance and strategic plans. The results of the AGM will be made available on the company’s website, based on a press release statement.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.