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LONDON - Renishaw plc (LSE:RSW) announced Tuesday that trustees managing shares previously held by the late Sir David McMurtry have established a new voting arrangement with Daniel John Deer and Margaret Eileen Deer, maintaining similar terms to their previous agreement.
According to the company’s statement, all ordinary shares previously held by Sir David McMurtry have been transferred to trustees of a will trust established for the benefit of Lady Teresa McMurtry.
The new arrangement specifies that Daniel John Deer and Margaret Eileen Deer will vote their ordinary shares, and ensure their family holdings do the same, in favor of any ordinary resolution if requested by the trustees. Conversely, the trustees will vote against any special resolution if requested by Daniel John Deer.
The voting arrangement will remain in effect until May 25, 2028, or upon the death of all trustees and Daniel John Deer, unless otherwise terminated according to its terms.
Renishaw, a precision engineering and technology company listed on the London Stock Exchange, made this disclosure in accordance with regulatory requirements. The announcement was signed by Kasim Hussain, Group General Counsel & Company Secretary.
The company statement did not disclose the number of shares involved in the arrangement or the percentage of voting rights they represent.
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