Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Results of Special Meeting of Shareholders


Results of Special Meeting of Shareholders

At the special meeting of shareholders held earlier today, the following resolution was considered:

“That the Arrangement relating to the return of capital to shareholders, as set out in the Arrangement Document accompanying the Explanatory Notes to the Notice of Special Meeting, be approved.”

Voting was conducted by way of a poll. The company’s joint auditors, Ernst & Young and Deloittes, have completed and certified their count of the votes cast at the meeting and the Chairman of the Meeting has declared that the resolution has been carried by a majority of 99.9%.

The result of the poll was as follows:

Votes FOR the resolution 1,430,200,060 (99.9%)

Votes AGAINST the resolution 1,453,763 (0.1%)

The Directors are pleased with the outcome of this special meeting, and thank shareholders for their confidence in the Board.

The company will now seek a final order from the High Court sanctioning the return of capital on the basis set out in the Arrangement Document sent to all shareholders with the Notice of Meeting.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news