We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mccoll's Retail Group Plc | LSE:MCLS | London | Ordinary Share | GB00BJ3VW957 | ORD GBP0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMCLS
RNS Number : 3996E
McColl's Retail Group plc
18 October 2018
18 October 2018
Disclosure under Provision E.2.2 of the UK Corporate Governance Code
At the Company's 2018 Annual General Meeting (AGM), 20.23% of the votes cast on Resolution 17 (disapplication of pre-emption rights in relation to an acquisition or capital investment) were cast against. As indicated in an announcement at the time of the AGM, the Board has contacted all major shareholders who voted against this resolution to seek an understanding of their reasons for doing so. The feedback received indicated that for some investors, as a matter of principle, they consider that transactions of the magnitude requiring funding from a share issue greater than is possible under the general 5% disapplication of pre-emption rights (which was approved) should be the subject of shareholder consultation and approval on a case-by-case basis. The Board have considered this feedback and confirm that Directors are committed to undertaking shareholder consultations on significant share issues whenever it is practicable to do so. The Board will consider this matter further when deciding on the resolutions to be proposed for approval at the 2019 AGM and will provide a statement on this matter at the time.
McColl's Retail Group plc Bernadette Young, Company Secretary +44 (0)1277 372 916
McColls Retail Group plc
Ashwells Road
Brentwood
Essex
CM15 9ST
About McColl's Retail Group
McColl's is a leading neighbourhood retailer, with an estate of around 1,600 managed convenience stores and newsagents. We operate McColl's branded convenience stores as well as newsagents branded Martin's across the UK, except in Scotland where we operate under our heritage brand, RS McColl. Our dedicated colleagues serve over five million customers every week, and we are the largest operator of Post Offices in the UK, with c.600 in-store counters/branches.
LEI: 213800R1TLR536P8YJ67
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 rns@lseg.com or visit www.rns.com.
END
MSCBLBDGCBBBGIR
(END) Dow Jones Newswires
October 18, 2018 04:00 ET (08:00 GMT)
1 Year Mccoll's Retail Chart |
1 Month Mccoll's Retail Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions