Mountview confirms passage of board resolutions despite dissent

Published 16/05/2025, 07:06
Mountview confirms passage of board resolutions despite dissent

LONDON - Mountview Estates P.L.C., a UK-based property investment company, has provided an update on the outcome of its recent General Meeting held on November 18, 2024. The company announced that all three proposed resolutions, which included the re-election of two directors and an amendment to the company’s Articles of Association, were passed despite significant opposition from some shareholders.

The resolutions in question were the re-election of Mr. A.W. Powell as a director, the re-election of Ms. M.L. Archibald as a director, and the proposed increase in the authorized share capital limit from "£250,000" to "£350,000" in the company’s Articles of Association.

Following the meeting, Mountview engaged with its shareholders, especially those who voted against the resolutions, to understand their perspectives and concerns. While some shareholders declined to provide feedback, others engaged in discussions that the Board and its Committees are considering. The company expressed gratitude towards shareholders who participated in the engagement process and stated that their feedback is valued.

Mountview reiterated its commitment to shareholder engagement, indicating that it will continue to offer discussions with shareholders and take their concerns into account in the future.

The information in this article is based on a press release statement by Mountview Estates P.L.C. and does not contain any promotional content or endorsements. The company’s continued efforts to engage with its shareholders demonstrate its adherence to the UK Corporate Governance Code, which encourages dialogue between a company and its investors.

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

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