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LONDON - Telecom (BCBA:TECO2m) Plus PLC (LON:TEP), which trades as Utility Warehouse and UW, announced Wednesday that shareholders approved all resolutions at its Annual General Meeting (AGM).
The integrated platform for subscription-style essential household services in the UK saw strong support across all voting items, with most resolutions receiving over 95% approval.
Shareholders approved the company’s 2025 Annual Report and Accounts with 99.99% of votes in favor. The final dividend of 57.0 pence per share was also approved with 99.99% support.
The Directors’ Remuneration Report received 92.89% approval, while the Telecom Plus PLC SAYE 2025 Plan was backed by 99.83% of votes cast.
All board members were re-elected, with CEO Stuart Burnett receiving 99.86% support and CFO Nicholas Schoenfeld getting 99.81% approval. Executive Chairman Charles Wigoder was re-elected with 93.50% of votes in favor.
Shareholders also approved the re-appointment of KPMG LLP as the company’s auditor with 98.45% support and authorized directors to determine the auditor’s remuneration.
Special resolutions allowing the company to make market purchases of its own shares and authorizing directors to allot shares and disapply pre-emption rights were also passed with significant majorities.
The information is based on a regulatory news statement released by the company following its AGM held on August 6, 2025.
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