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Maven Renovar VCT PLC AGM Results and Board Changes

Story Highlights
  • Several resolutions at Maven Renovar VCT PLC’s AGM failed to pass due to insufficient majority votes.
  • Robert Legget appointed as a Non-Executive Director following Julia Henderson’s resignation.
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Maven Renovar VCT PLC AGM Results and Board Changes

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Amati AIM ( (GB:MRV) ) has shared an update.

Maven Renovar VCT PLC held its Annual General Meeting where several resolutions failed to pass due to insufficient majority votes. The board plans to engage with shareholders to understand the low turnout and opposition to certain resolutions. Consequently, some directors were not re-elected, but due to the company’s Articles of Association, they were deemed re-appointed temporarily. The board appointed Robert Legget as a Non-Executive Director following the resignation of Julia Henderson. Legget is expected to play a significant role in engaging with shareholders and addressing their concerns. The company will convene a general meeting soon, incurring additional costs.

More about Amati AIM

Average Trading Volume: 17,142

Technical Sentiment Signal: Buy

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