Esken Limited, an aviation and renewable energy group, has announced the results of the voting on resolutions at its General Meeting held on November 24, 2023. Resolutions 1 to 3 were passed by the required majority through a poll. The results of the poll on each resolution are as follows:
- Resolution 1: Approval of Disposal of Esken Renewables Limited
- For: 723,926,307 votes (99.92%)
- Against: 566,652 votes (0.08%)
- Total votes cast: 724,490,410
- Votes withheld: 2,687,646
- Resolution 2: Approval of transfer to Standard listing
- For: 723,806,981 votes (99.93%)
- Against: 487,724 votes (0.07%)
- Total votes cast: 724,292,156
- Votes withheld: 2,895,900
- Resolution 3: Adopt the Executive Remuneration Scheme
- For: 719,590,633 votes (99.32%)
- Against: 4,907,052 votes (0.68%)
- Total votes cast: 724,495,166
- Votes withheld: 2,692,890
The completion of the Disposal of Esken Renewables Limited is expected to occur on or about December 1, 2023, pending the satisfaction of the Cash Sweep Condition. The transfer of the Company's listing category from the Premium Listing segment to the Standard Listing segment of the London Stock Exchange is expected to take effect on December 22, 2023. Esken will announce its interim results for the six months ended August 31, 2023, on November 29, 2023, and an investor presentation will be shared on the Company's website on the same day.