LONDON - Zentra Group plc, a UK-based residential developer and property manager, announced that at its Annual General Meeting (AGM) held today, shareholders have passed all proposed resolutions. The voting results indicated strong support for the company's direction with each ordinary resolution receiving 100% approval, and the special resolutions garnering over 85% approval.
The resolutions included the acceptance of the annual report and accounts for the fiscal year ending June 30, 2024, the approval of the remuneration policy, and the reappointment of KPMG Audit LLC as the company's auditor. Shareholders also authorized the directors to determine the auditor's fees and to allot shares.
A special resolution to authorize the directors to dis-apply pre-emption rights received 85.23% votes for and 14.77% against. Another special resolution to allow the calling of a general meeting on 14 clear days’ notice received the same level of support.
The company highlighted that withheld votes are not counted as votes legally cast for or against a resolution. The issued share capital of Zentra Group plc consists of 38,678,333 ordinary shares, each with a nominal value of £0.01.
Zentra Group, previously known as One Heritage Group PLC, is focused on the residential sector in the North of England. The company aims to identify value and maximize opportunities for investors. It is currently listed on the Equity Shares (Transition) Segment of the Main Market of the London Stock Exchange (LON:LSEG) under the ticker ZNT.
The information provided is based on a press release statement from Zentra Group plc.
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