EU and US could reach trade deal this weekend - Reuters
LONDON - Surgical Innovations Group plc (AIM:SUN) has withdrawn two special resolutions from its Annual General Meeting agenda scheduled for Friday, the company announced Thursday.
The withdrawn items, Resolutions 9 and 10, concerned the disapplication of pre-emption rights for cash equity securities allotments. These resolutions had proposed limits aligned with the Pre-Emption Group’s 2022 Statement of Principles.
The medical technology company, which specializes in designing and manufacturing devices for minimally invasive surgery, made the decision following feedback from "a small number of significant shareholders" received after the AGM notice publication.
The company stated that the withdrawal does not impact the validity of the AGM notice, proxy form, or votes already submitted for other resolutions. The meeting arrangements remain unchanged, as does the numbering of all other proposed resolutions.
According to the press release statement, the withdrawal will not affect Surgical Innovations’ strategy or day-to-day operations. The board indicated it does not anticipate needing to raise new funds through non-pre-emptive share issuances before the 2026 AGM. Should such a need arise, the company would convene a separate General Meeting to seek shareholder approval.
The AGM is scheduled for 11:00 a.m. on June 27, 2025, at the offices of Singer Capital Markets in London.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.