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LONDON - JTC PLC, a global provider of administrative services, announced the successful passage of all resolutions presented at its Annual General Meeting (AGM) held on Wednesday. The resolutions included the approval of the company’s annual accounts, directors’ remuneration, and a final dividend payment.
Shareholders voted on 18 resolutions, with the first 15 requiring a simple majority and the last three special resolutions needing at least a 75% majority to pass. The company reported unanimous approval for the annual accounts and the reappointment of PricewaterhouseCoopers CI LLP as the external auditor. The directors’ remuneration report was also approved with a 97.08% majority.
A final dividend of 8.24 pence per ordinary share was sanctioned, with shareholders marking their shares as ex-entitlement to the dividend from May 29, 2025. The record date is set for the close of business on May 30, and the payment will be made on June 27.
The AGM saw the re-election of multiple directors, including Mike Liston, Nigel Le Quesne, and Martin Fotheringham, with significant majorities. Newly elected directors May Knight and Dawn Marriott received nearly unanimous support.
Special resolutions included the dis-application of pre-emption rights for general corporate purposes and specifically for financing acquisitions or other capital investments. These resolutions were passed with 87.97% and 85.24% majorities, respectively. Additionally, the company was authorized to make market purchases of its own shares, a resolution that passed with 100% approval.
The total number of eligible shares voted at the AGM was 170,303,479. The company’s announcement and the details of the special resolutions will be available on the JTC website and through the National Storage Mechanism.
This report is based on a press release statement and provides an overview of the outcomes from JTC PLC’s recent AGM, including shareholder approvals and upcoming dividend details.
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