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

 

Shareholders Re-Elect Directors, Pass All Resoltns

Telecom Shareholders Re-Elect Directors and Pass All Resolutions

5 October 2006
top

Telecom shareholders re-elected Directors Rob McLeod and Rod McGeoch at the company’s annual meeting in Wellington today.

Both Directors, who were standing for re-election by rotation, were re-elected for a further term.

Chairman Wayne Boyd thanked shareholders for endorsing the Board re-appointments, saying that Mr McLeod and Mr McGeoch were delighted at being able to continue to work on behalf of all shareholders.

Mr Boyd said the Telecom Board is listening to the views of both shareholders and customers and the meeting was a good opportunity for shareholders to air their views and hear more about how the company would operate in the new regulatory environment.

Resolutions passed by shareholders today were:

* Authorising the directors to fix the remuneration of the Auditors
* Re-election of directors including Rob McLeod and Rod McGeoch who were standing for re-election by rotation

All resolutions were decided by poll. The results of the voting are shown below:

Details of the total number of votes cast in person or by the proxy on the poll were:

Resolution / For / Against / Abstain

1. To authorise the directors to fix the remuneration of the Auditors / 879,062,884 / 2,927,628 / 2,265,002

2. To re-elect Mr McLeod as a director / 838,395,876 / 43,435,601 / 2,424,037

3. To re-elect Mr McGeoch as a director. / 871,749,135 / 10,036,196 / 2,470,183

Details of the manner in which shareholders directed the proxy to vote at proxy close (and included above):

Proxies / For / Discretionary Board proxies / Discretionary other proxies / Against / Abstain

1. To authorise the directors to fix the remuneration of the Auditors / 876,269,041 / 1,414,270 / 728,433 / 2,927,628 / 2,275,883

2. To re-elect Mr McLeod as a director / 835,700,324 / 1,362,368 / 735,400 / 43,431,258 / 2,385,905

3. To re-elect Mr McGeoch as a director. / 869,025,846 / 1,362,565 / 735,400 / 10,027,083 / 2,464,361

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>

ALSO:

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

CO2 And Water: Fonterra (And Dairy NZ)'s Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO: