Kinovo PLC Faces Mixed AGM Outcomes

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.

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