MTNZF, a prominent company, revealed the outcomes of its 7th Annual General Meeting (AGM) held on May 10, 2023. Shareholders participated actively, and all resolutions presented in the notice of AGM dated April 3, 2023, were successfully addressed.
The AGM, conducted in person/virtually and through proxy representation, witnessed a significant level of shareholder engagement, with a total of 31,713,212 MTNZF ordinary shares being present or represented. This impressive figure represents 25.7% of MTNZF’s issued ordinary share capital.
Voting results for the ordinary resolutions were highly positive, demonstrating overwhelming shareholder support:
In addition to the ordinary resolutions, a special resolution was presented concerning the proposed remuneration payable to non-executive directors. The resolution received 98.16% of votes in favor, with 1.84% against and 0.21% abstaining.
These positive outcomes from the AGM reflect strong shareholder confidence in MTNZF’s leadership and direction. The company’s commitment to transparency and accountability is evident in the significant shareholder participation and overwhelming support for the resolutions.
SizweNtsalubaGobodo Grant Thornton Inc. issued a factual finding report on the AGM results, further validating the accuracy and legitimacy of the voting process.
The AGM’s successful conclusion demonstrates MTNZF’s commitment to upholding shareholder interests and fostering robust corporate governance practices. The company remains focused on its strategic objectives and will continue to work towards achieving sustainable growth and delivering value to its shareholders.
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