15th Oct 2021 19:27
Tungsten Corp PLC - London-based electronic invoices and purchase orders - Says three motions at annual general meeting receive sizeable opposition, despite passing. Says motion to re-elect Tony Bromovsky as chair rejected by 24% of voters. A motion on authority to allot shares rejected by 22%, likewise are motions to dis-apply pre-emption rights and the additional authority to dis-apply pre-emption rights for purposes of acquisitions or specified capital investments. "In accordance with the QCA corporate governance code, the board confirms that it will consult and engage with the relevant shareholders to understand and discuss their concerns with respect to these resolutions," Tungsten says.
Current stock price: 30.00 pence
Year-to-date change: up 3.6%
By Eric Cunha; [email protected]
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