Funding Circle Approves Resolution Amid Shareholder Concerns
Company Announcements

Funding Circle Approves Resolution Amid Shareholder Concerns

Funding Circle Holdings Limited (GB:FCH) has released an update.

Funding Circle Holdings plc recently held a General Meeting where a special resolution to cancel the share premium account was approved by shareholders. Additionally, despite passing resolutions that disapply pre-emption rights, a notable 21.48% of votes were against them, highlighting shareholder concerns over potential dilution. The company intends to continue engaging with shareholders to address these issues.

For further insights into GB:FCH stock, check out TipRanks’ Stock Analysis page.

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