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LONDON - Motorpoint Group PLC (LON:MOTR), the UK’s independent omnichannel vehicle retailer, announced Tuesday that shareholders approved all resolutions at its Annual General Meeting.
The company reported that 43,147,733 proxy votes were received, representing approximately 50.95% of Motorpoint’s issued share capital of 84,694,392 ordinary shares.
All 17 resolutions passed with strong support. The adoption of the company’s audited financial statements for the year ended March 31, 2025, and the declaration of a final dividend received unanimous approval with 100% of votes cast in favor.
The re-election of executive directors Mark Carpenter and Chris Morgan was approved with 98.58% and 100% support respectively. Shareholders also approved the re-election of non-executive directors John Walden (98.58%), Mary McNamara (95.75%), Adele Cooper (98.58%), and Keith Mansfield (98.57%).
Swarupa Pathakji was elected as a non-executive director with 99.99% of votes in favor.
The company’s shareholders authorized the reappointment of PricewaterhouseCoopers LLP as auditors and gave the board authority to determine their remuneration, both with 99.99% approval.
Special resolutions allowing directors to allot securities in certain circumstances and authorizing the company to purchase up to 8,567,015 of its own shares also passed with strong support.
According to the company’s statement, the full text of the special business resolutions will be available via the National Storage Mechanism.
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