Carr's Group PLC Results of AGM 2024 - Update Statement

RNS Number : 7993Y

Carr's Group PLC

01 August 2024

 

1 August 2024

Carr's Group plc

("Carr's", the "Company", or the "Group")

Results of Annual General Meeting 2024 - Update Statement

At the Company's Annual General Meeting on 20 February 2024, around 44% of votes cast were against Resolution 17, which sought authority for the Company to buy up to a maximum of c.10% of its own ordinary shares.  Of the votes cast in respect of Resolution 18, which sought to shorten the notice period for general meetings of the Company from 21 to 14 clear days, around 44% were against.  Both of these resolutions are consistent with prevailing UK market practice but as special resolutions, neither was passed. 

The Board is grateful for the subsequent engagement with shareholders.  Feeback received focussed on the use of the Company's cash reserves for share purchases in relation to Resolution 17, and the shortening of time for shareholders' consideration of the business proposed for a general meeting in relation to Resolution 18.    

The Board remains committed to continuing an open and transparent dialogue with shareholders and will be cognisant of feedback received when proposing future resolutions it considers in the best interests of all shareholders.

 

Enquiries:
Carr's Group plc	[phone]
Justin Richards, Company Secretary
FTI Consulting	[phone]
Richard Mountain/Ariadna Peretz

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

RAGFIFFATVILIIS