Boeing secures $883 million Army contract for cargo support services
LONDON - Secure Trust Bank PLC announced on Thursday that its shareholders have approved all resolutions proposed at the Annual General Meeting (AGM) held earlier today. The resolutions included the adoption of the 2024 Report and Accounts, director elections, dividend declarations, and various authorizations for the board.
The bank confirmed that the final dividend of 22.5 pence per ordinary share was passed almost unanimously, with 99.99% of the votes in favor. Additionally, the election and re-election of board members were also approved, with Julie Hopes being elected as a new Director with 99.96% of the votes cast for her appointment, and existing directors such as Jim Brown, David McCreadie, and Rachel Lawrence receiving strong support for their re-election.
Deloitte LLP was re-appointed as the company’s auditor with 99.96% of the votes in favor, and the Audit Committee was authorized to fix the auditor’s remuneration with 99.90% approval. Furthermore, resolutions related to the allotment of shares and disapplication of pre-emption rights, particularly in relation to the issue of AT1 Securities, were passed.
Special resolutions, including the authority for the company to make market purchases of its own ordinary shares and the authorization to call a General Meeting on 14 days’ notice, were also approved.
The issued share capital of Secure Trust Bank comprises 19,071,408 shares, and the total votes cast, including votes withheld, amounted to 51.96% of the issued share capital. The results of the AGM reflect a strong endorsement from the shareholders for the proposed actions and the direction of the bank’s board.
The company has submitted the resolutions passed at the AGM, excluding those concerning ordinary business, to the Financial Conduct Authority’s National Storage Mechanism, where they will be made available for public inspection.
The information regarding the AGM results is based on a press release statement issued by Secure Trust Bank PLC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.