Kinovo PLC (GB:KINO) has released an update.
Kinovo PLC’s recent Annual General Meeting saw the passing of several key resolutions, including the approval of reports and accounts, and re-appointment of a director, but notably failed to re-appoint their auditors and authorize the Long Term Incentive Plan, share allotment, and the disapplication of pre-emption rights. A significant number of votes were cast against these proposals, prompting the Board to seek further discussions with shareholders to understand their concerns.
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