20th Sep 2019 10:50
(Alliance News) - Gresham House Strategic PLC late on Thursday said votes cast against all resolutions at the company's annual general meeting were slightly greater than 20%, although all resolutions were passed by the required majority.
The investment company said the vast majority of shares cast against the resolution were by only one institution, though it stopped short of naming the institution.
"The board engages with that shareholder on an ongoing basis (as it does with others) and reflects carefully upon the feedback received. While disappointed, the board recognises the reasons behind the voting stance taken and will continue to engage with that shareholder, and others, during the coming year," Gresham House said.
Gresham House shares in London on Friday were up 0.5% at 1,060.00 pence each.
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