31st Jul 2019 18:43
(Alliance News) - Hibernia REIT PLC said on Wednesday that nearly a third of shareholders voted against the reappointment of Daniel Kitchen as a non-executive chair during its annual general meeting.
The trust said 32% of shareholders opposed the motion and the company will now "engage and consider the feedback" before delivering an update within six months.
Kitchen is also the non-executive chair at office space provider Workspace Group PLC and roadside retailer Applegreen PLC.
All resolutions were approved but 19% of shareholders also opposed a motion to allot securities up to customary limits.
Shares in Hibernia closed 0.5% higher at EUR1.55 each in London on Wednesday.
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