11th Jul 2019 14:40
(Alliance News) - Office space provider Workspace Group PLC said Thursday that a considerable amount of shareholders voted against the re-election of Non-Executive Director Stephen Hubbard.
At the company's annual general meeting earlier on Thursday, around 20% of shareholders voted against resolution nine, which would see Hubbard's re-election to the board.
Despite the opposition, however, all resolutions, including nine, were passed.
Workspace Group said that shareholder feedback was "important" and would engage constructively with them to understand the reasons behind the general meeting's result.
Earlier on Thursday, Workspace said its average number of enquiries and lettings per month rose year-on-year in the first quarter of 2019, due to a "good level" of customer demand.
For the period ended June 30, Workspace said that average enquiries had risen 3.8% year-on-year to 1,060 from 1,021 with average monthly lettings jumping to 130 from the 88 in the same quarter in 2018.
Shares in Workspace Group were up 1.9% at 894.00 pence on Thursday.
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