13th Jun 2019 17:47
(Alliance News) - FTSE 250-listed Just Group PLC said on Thursday that shareholders voted against several resolutions in its annual general meeting.
Resolution three, which was for re-electing Chris Gibson-Smith as chair of the retirement products and services provider saw 28% of shareholders vote against it.
Shareholders also voted 21% against resolution 14, to renew the authority to allot shares, and 24% against resolution 16, to renew the authority to grant additional power to disapply pre-emption rights.
However despite the shareholder dissent, all resolutions at the AGM were passed.
Just Group said it would "consult and engage" with shareholders to discuss concerns over certain resolutions and why they voted against them.
In a separate announcement on Thursday, Just Group said that Non-Executive Director Paul Bishop purchased GBP21,567 in shares.
Bishop acquired 36,754 shares at a price of 58.68 pence per share. It not been disclosed how many shares he now holds overall.
Shares in Just Group closed 13% higher at 56.85 pence on Thursday.
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