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AAL Anglo American Plc

2,643.00
83.00 (3.24%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Anglo American Plc LSE:AAL London Ordinary Share GB00B1XZS820 ORD USD0.54945
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  83.00 3.24% 2,643.00 2,656.50 2,658.50 2,721.00 2,518.50 2,540.00 12,819,755 16:35:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 30.84B 283M 0.2116 125.61 35.55B

Anglo American to Consult Shareholders Over Vote for New Non-Executive Director

01/05/2019 8:12am

Dow Jones News


Anglo American (LSE:AAL)
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By Oliver Griffin

 

Anglo American PLC (AAL.LN) said Wednesday that it will consult with shareholders to understand why more than a quarter of the votes cast in the election of new non-executive director Marcelo Bastos were against his nomination.

The diversified mining company said Mr. Bastos joined the board on April 1. The Brazilian brings more than 30 years of experience, particularly in mining in South America.

Anglo American said the nomination committee had been charged with finding someone of Mr. Bastos's calibre, given that roughly a third of its business is in South America.

However, at the company's annual general meeting, just 73.8% of votes were cast in favor of electing Mr. Bastos to the board.

Anglo American said it has a formal, rigorous and transparent procedure to ensure the board has the appropriate mix of skills, experience and knowledge that reflect the breadth of its business.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

 

(END) Dow Jones Newswires

May 01, 2019 02:57 ET (06:57 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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