No Board spill at Ambertech

Kym Sheehan

The Executive Remuneration Reporter

Ambertech Limited is one of three companies scheduled to hold a Board spill meeting under the two strikes rule in 2017. All four directors were re-elected at today's EGM, with strong support evident in the proxy votes disclosed to the ASX. Zeus Resources will hold its spill meeting on 8 February and all three non-executive directors are seeking re-election. Royalco Resources has yet to release its notice of meeting. With the timing of the off-market takeover offer from Fitzroy River Corporation, endorsed by the Board in late 2016, throwing an additional factor into the mix, the agenda for the EGM is also influenced by the earlier moves from two other substantial shareholders who have nominated candidates for election of directors.


3 stocks mentioned

Kym Sheehan
Kym Sheehan
The Executive Remuneration Reporter

With a background in human resources, executive search and corporate law, Kym Sheehan brings unique perspectives on corporate governance and meeting resolutions to her work for The Executive Remuneration Reporter. The Executive Remuneration...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.