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SRG GLOBAL LIMITED — AGM Information 2008
Oct 9, 2008
65852_rns_2008-10-09_d495c4e4-5cfe-4e3c-b3da-115d9d9b0608.pdf
AGM Information
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ASX Announcement / Media Release 10 October 2008
AGM Shareholder Notice of Meeting
Construction services group Global Construction Services (ASX: GCS, "GCS Group") Please find attached the Notice of Meeting for the Annual General Meeting.
The meeting details are as follows:
Thursday 13 November 2008 at 10.00am (WST) Sheraton Perth Hotel, 207 Adelaide Terrace, Perth, Western Australia
-ends-
| Katherine Knox |
|---|
| Porter Novelli |
| (08) 9386 1233 |
| 0421 186 129 |
Or visit: http://www.gcs-group.net/
About GCS Group
GCS Group (ASX: GCS) is a construction services company that supplies equipment to the construction industry such as scaffolding, formwork, material hoists, temporary accommodation, chemical toilets, temporary fencing and general plant hire together with a range of related labour and design services.
GCS Group's strategy for growth is to focus primarily on servicing the West Australian construction industry. In addition, the Company intends to explore opportunities in new markets, diversify into related industries and industry sectors and acquire selected new businesses that create value for shareholders.
GLOBAL CONSTRUCTION SERVICES LIMITED ACN 104 662 259
NOTICE OF ANNUAL GENERAL MEETING AND EXPLANATORY STATEMENT
For the Annual General Meeting of Shareholders to be held on Thursday 13 November 2008 at 10.00am (WDST) at the Sheraton Perth Hotel, 207 Adelaide Terrace, Perth, Western Australia
CONTENTS AND IMPORTANT INFORMATION
| CONTENTS | PAGE |
|---|---|
| Notice of Annual General Meeting | 4 |
| Explanatory Statement | 6 |
| Proxy Form | Enclosed |
IMPORTANT INFORMATION
This is an important document that should be read in its entirety. If you do not understand it you should consult your professional advisor without delay.
If you are unable to attend the Annual General Meeting, please complete the Proxy Form enclosed and return it in accordance with the instructions set out on that form.
If you wish to discuss any aspect of this Notice with the Company, please contact the Company Secretary, Gabriel Chiappini on (08) 9486-1644.
TIME AND PLACE OF MEETING AND HOW TO VOTE
Venue
The Annual General Meeting of the shareholders of Global Construction Services Limited will be held at:
The Sheraton Perth Hotel Commencing at 207 Adelaide Terrace Perth WA 10.00am (WDST) on Thursday 13 November 2008
How to Vote
You may vote by attending the meeting in person, by proxy or by authorised corporate representative.
Voting in Person
To vote in person, attend the meeting on the date and at the place set out above. The meeting will commence at 10.00am (WDST).
Voting by Corporate Representative
A corporation may elect to appoint a representative to attend and vote at the meeting in accordance with the Corporations Act in which case the Company will require a Certificate of Appointment of Corporate Representative executed in accordance with the Corporations Act. The Certificate is to be lodged with the Company before the meeting or at the registration desk on the day of the meeting.
Voting by Proxy
To vote by proxy, please complete and sign the proxy form enclosed with this Notice of Annual General Meeting as soon as possible and:
- return the proxy form by post to the Company's Share Registry, Computershare Investor Services Pty Ltd, GPO Box D182, Perth, Western Australia 6840 or to the Company's registered office at 2 Redcliffe Road, Redcliffe Western Australia 6104; or
- send the proxy form by facsimile to the Company's Share Registry, on facsimile number (08) 9323 2033 (International:+ (61 8) 9323 2033), or to the Company on facsimile number (08) 9479 7789 (International:+ (61 8) 9479 7789); or
- deliver the proxy form to Computershare Investor Services Pty Ltd, Level 2, 45 St Georges Terrace, Perth, Western Australia 6000 or to the Company's registered office at 2 Redcliffe Road, Redcliffe, Western Australia 6104,
so that it is received not later than 10.00am (WSDT) on Tuesday 11 November 2008.
Your proxy form is enclosed.
NOTICE OF ANNUAL GENERAL MEETING
Notice is given that the Annual General Meeting of shareholders of Global Construction Services Limited ("Company") will be held at The Sheraton Perth Hotel, 207 Adelaide Terrace, Perth, Western Australia on Thursday 13 November 2008 at 10.00am (WDST).
The attached Explanatory Statement is provided to supply shareholders with information to enable them to make an informed decision regarding the Resolutions set out in this Notice. The Explanatory Statement is intended to be read in conjunction with and forms part of this Notice.
AGENDA
GENERAL BUSINESS
Financial Statements and Reports
To receive and consider the annual financial report and the reports of the directors and auditors for the year ended 30 June 2008.
Resolution 1 – Adopt Remuneration Report
To adopt the Company's Remuneration Report for the year ended 30 June 2008 as included in the Directors' report within the Annual Report.
Note - the vote on this Resolution is advisory only, and does not bind the Company or the Directors.
Election of Director
Resolution 2 – Election of Mr David Macoboy (Non-Executive Director)
To consider and, if thought fit, to pass the following Resolution as an ordinary resolution:
"That Mr David Macoboy, who, retires under article 6.3(c) of the Constitution and, being eligible, offers himself for re-election, be re-elected as Non-Executive Director of the Company with immediate effect."
Financial Assistance
Resolution 3 - Approval of Financial Assistance
To consider and, if thought fit, to pass, with or without amendment, the following Resolution as a special resolution:
"That, for the purposes of section 260B(2) of the Corporations Act and for all other purposes, the Company approves the giving of financial assistance by Newave, Blueline and Coastal Hire to the Company pursuant to and in connection with the acquisition of the issued share capital of Newave, Blueline and Coastal Hire on the terms set out in the Explanatory Statement accompanying this Notice."
VOTING AND PROXIES
Members Entitled to attend and vote at the Meeting
In accordance with the Constitution and the Corporations Regulations 2001 (Cth), the Board has determined that the members entitled to attend and vote at the meeting shall be those persons who are recorded in the register of members at 5.00pm (WDST) on Tuesday 11 November 2008.
Proxy Information
A member who is entitled to vote at the meeting may appoint:
- (a) one proxy if the member is only entitled to one vote; or
- (b) one or two proxies if the member is entitled to more than one vote.
Where the member appoints two proxies, the appointment may specify the proportion or number of votes that each proxy may exercise. If the appointment does not specify a proportion or number, each proxy may exercise one-half of the votes, in which case any fraction of votes will be disregarded.
A proxy need not be a member of the Company. If you require an additional proxy form, the Company will supply it on request. The proxy form and the power of attorney or other authority (if any) under which it is signed (or a certified copy) must be received by the Company on or prior to 5.00pm (WDST) on Tuesday 11 November 2008. Any proxy form received after that time will not be valid for the scheduled meeting.
Proxies given by corporate shareholders must be executed in accordance with their constitutions, or signed by a duly authorised attorney. A proxy may decide whether to vote on any motion, except where the proxy is required by law or the Company's constitution to vote, or abstain from voting, in their capacity as proxy. If a proxy is directed how to vote on an item of business the proxy may vote on that item only in accordance with that direction. If a proxy is not directed how to vote on an item of business, a proxy may vote as he or she thinks fit. If a shareholder appoints the chairperson of the meeting as the shareholder's proxy and does not specify how the chairperson is to vote on an item of business, the chairperson will vote, as proxy for that shareholder, in favour of the item on a poll.
Corporate Representatives
A body corporate may elect to appoint a representative, rather than appoint a proxy, in accordance with section 250D of the Corporations Act. Where a body corporate appoints a representative the Company requires written proof of the representative's appointment to be lodged with or presented to the Company before the Meeting.
By order of the Board
Company Secretary 10 October 2008
EXPLANATORY STATEMENT
GENERAL INFORMATION
This Explanatory Statement has been prepared for the shareholders of the Company in connection with the Annual General Meeting of the Company to be held at 10.00am on Thursday 13 November 2008 at the Sheraton Perth Hotel, 207 Adelaide Terrace, Perth, Western Australia.
The purpose of this Explanatory Statement is to provide shareholders with information that the Board believes to be material to shareholders in deciding whether or not to approve the Resolutions detailed in the Notice.
This Explanatory Statement is an important document and should be read carefully in full by all shareholders. If you have any questions regarding the matters set out in this Explanatory Statement or the preceding Notice, please contact the Company or your stockbroker or other professional adviser.
THE RESOLUTIONS
RESOLUTION 1 - Adoption of Remuneration Report
Recent changes to the Corporations Act have expanded disclosure requirements for listed companies applying to director and executive information. Under those changes, the Directors' Report must now include a section called the "Remuneration Report". The Company's Remuneration Report for the year ended 30 June 2008 is set out on pages 29 to 33 of the Annual Report sent to shareholders. Additionally, the Corporations Act now requires listed companies to put the Remuneration Report for each financial year to a resolution of members at the Company's Annual General Meeting. Under the Corporations Act, the Resolution is advisory only and does not bind the Company or the Directors. Accordingly, the Resolution will not affect the employment arrangements in place for employees of the Company or its subsidiaries.
A reasonable opportunity will be provided for discussion of the Remuneration Report at the meeting.
The Board unanimously recommends that you vote in favour of adopting the Remuneration Report.
RESOLUTION 2 – Re-election of Mr David Macoboy (Non-Executive Director)
Article 6.3(c) of the Constitution requires that one third of the Directors must retire at each Annual General Meeting (rounded down to the nearest whole number).
Article 6.3(f) provides that a Director who retires under Article 6.3(c) is eligible for re-election.
Mr David Macoboy was appointed to the Board on 1 July 2007 as non-executive Director. Mr Macoboy, being eligible, seeks re-election pursuant to Resolution 2.
Details of Mr Macoboy's biographical information, relationships with the Company or any directors of the Company, directorships held with public companies, and other positions held which may involve significant time commitments are set out in the Annual Report.
Other than Mr Macoboy (who abstained from voting given his interest in the Resolution), the Board unanimously recommends the re-election of Mr David Macoboy.
RESOLUTION 3 - Approval of Financial Assistance
Background: Newave and Blueline Acquisition
On 18 December 2007, the Company announced the acquisition of Newave and Blueline under which the Company would purchase all of the issued share capital of Newave and Blueline.
Newave and Blueline are involved in the supply and installation of concrete together with related labour services to customers predominately in the Perth's commercial construction industry.
The acquisition of Newave and Blueline increases the Company's product range and customer base enabling the Company to offer a more comprehensive service to customers and to cross sell both new and existing products and services.
Completion of the acquisition of all of the shares of Newave and Blueline ("Newave and Blueline Acquisition") occurred on 31 January 2008 but was effective from 1 January 2008. The consideration for the acquisition was $7.3 million which was funded from cash reserves and existing debt facilities together with the issue of 333,334 Shares.
On completion of the Newave and Blueline Acquisition, Newave and Blueline became wholly owned subsidiaries of the Company.
Background Coastal Hire Acquisition
On 8 July 2008, the Company announced the acquisition of a 75% interest in Coastal Hire under which the Company would purchase 75% of the issued share capital of Coastal Hire. The remaining 25% of Coastal Hire will be acquired over two years with the balance of the purchase price subject to the continued financial performance of the business.
Coastal Hire is a sales and hire provider in the South West of Western Australia with a core business very similar to the existing operations of the Company. Coastal Hire is also involved in general plant hire, temporary fencing and events management in the South West of Western Australia.
Since the acquisition the Company has added these new services to those offered by the Company in the Perth metropolitan area.
Completion of the acquisition of 75% of the shares of Coastal Hire ("Coastal Hire Acquisition") occurred on 31 July 2008 but was effective from 1 July 2008. The consideration for the Coastal Hire Acquisition was $4.5 million which was funded from cash reserves and existing debt facilities.
On completion of the Coastal Hire Acquisition, Coastal Hire became 75% owned by the Company.
Financial Assistance
Resolution 3 concerns financial assistance that Newave and Blueline may provide in connection with the Newave and Blueline Acquisition and Coastal Hire may provide in connection with the Coastal Hire Acquisition.
Part of the purchase price for the Newave and Blueline Acquisition and the Coastal Hire Acquisition was funded from the existing debt facilities of the Company.
Westpac, the Company's bankers, require that Newave, Blueline and Coastal Hire be incorporated into the existing guarantee and security arrangements that have been given by the Company and its subsidiaries. In particular, Westpac requires Newave, Blueline and Coastal Hire to provide cross guarantees of other Company group members together with fixed and floating charges to support those cross guarantees ("Target Security").
It is the provision of security arrangements by Newave, Blueline and Coastal Hire of the Target Security that may be taken to constitute financial assistance in connection with the acquisition of Newave, Blueline and Coastal Hire shares by the Company in terms of the Corporations Act.
Furthermore, Westpac may in the future agree to refinance the existing banking facilities by way of the provision of new facilities or it may agree to a variation of the terms of those existing facilities. As part of those refinancing or variation arrangements, the Target Security provided by Newave, Blueline and Coastal Hire may be automatically extended and/or Westpac may request the provision of new security from some or all of those companies (which may be substantially the same as the Target Security or which may include further security). In any such case, the provision of the Target Security or the further security may be taken to constitute financial assistance in connection with the acquisition of Newave, Blueline and Coastal Hire shares by the Company in terms of the Corporations Act.
Any documentation required in connection with the refinancing or variation of the existing banking facilities (including any acknowledgment of the continuation of the target security or granting of further security) may of itself amount to the giving of financial assistance and approval for the entry into of any such documentation is being sought by this Resolution.
Although the Company has to date only acquired 75% of the issued share capital of Coastal Hire the Company has the right to acquire the remaining 25%. Approval for the giving of financial assistance by Coastal Hire in relation to the acquisition of the remaining 25% interest in Coastal Hire by the Company is also being sought by this Resolution. This further acquisition may be financed under the terms of the existing banking facilities or Westpac may provide a further facility in which case it may request the provision of new security from Coastal Hire. In any such case, the provision of the Target Security or any new security may be taken to constitute financial assistance in connection with the acquisition of the remaining 25% of Coastal Hire shares by the Company in terms of the Corporations Act.
Any documentation that may be required to be entered into in connection with any new funding facility or further security which may be provided to enable the Company to purchase the remaining 25% share in Coastal Hire may be taken to constitute financial assistance in connection with the acquisition of the remaining shares in Coastal Hire by the Company. Accordingly, approval for the entry into of any such documentation is being sought by this Resolution.
If shareholders do not approve the financial assistance under Resolution 3, the security arrangements detailed above to be given by Newave, Blueline and Coastal Hire for the benefit of the Company's current banking facilities may not be given. This may affect the ability to restructure the existing facility or borrow additional amounts.
The Corporations Act requirements are set out below.
Corporations Act provisions
Resolution 3 is proposed to enable Newave, Blueline and Coastal Hire to enter into the Target Security and any replacement or further security arrangements described in this Notice (see the Financial Assistance section above) without contravening section 260A of the Corporations Act.
Section 260A allows a target company ("Target") to financially assist a person or company ("Acquirer") to acquire shares in the Target if the assistance is approved by shareholders of the Target under section 260B.
If following completion of the acquisition the Target is to become a subsidiary of an Acquirer that is a listed public company, approval for the financial assistance must also be given by the Acquirer's shareholders under section 260B(2) of the Corporations Act.
In this case the target companies (Newave, Blueline and Coastal Hire) have approved financial assistance to the Company to acquire the shares in the target companies in accordance with section 260B.
Resolution 3 is therefore seeking approval of the financial assistance from the Company's shareholders under section 260B(2) of the Corporations Act because Newave, Blueline and Coastal Hire are now subsidiaries of a public listed company (the Company) following the completion of the Newave and Blueline Acquisition and the Coastal Hire Acquisition.
The approval is a special resolution requiring 75% or more of the votes cast by shareholders entitled to vote to approve the Resolution.
For the purposes of section 260B of the Corporations Act, this Notice sets out the background to the proposed Resolution, particulars of the proposed financial assistance and all other information known to the Company that is material to the decision on how to vote on the Resolution.
Particulars of the financial assistance
The requirement that Newave, Blueline and Coastal Hire join the existing guarantee and security arrangements may financially assist the Company to acquire shares in Newave, Blueline and Coastal Hire within the meaning of section 260A of the Corporations Act. The reasons for this include that:
- (a) part of the proceeds of the Company's existing banking facilities were used to pay for the Newave and Blueline Acquisition and the Coastal Hire Acquisition; and
- (b) the Company may utilise the existing banking facilities to acquire the remaining 25% of the shares in Coastal Hire.
In addition, any refinancing of the existing banking facilities together with any variation of those banking facilities and any further security which may be given in support of any of those arrangements may financially assist the Company to acquire the shares in Newave, Blueline and Coastal Hire within the meaning of section 260A of the Corporations Act. Similarly, any new funding facility or further security which may be provided to enable the Company to purchase the remaining 25% share in Coastal Hire may financially assist the Company to acquire the shares in Coastal Hire within the meaning of section 260A of the Corporations Act.
The entry by Newave, Blueline or Coastal Hire into any documentation that may be required from time to time in connection with any of the funding and security arrangements described in this paragraph may of itself constitute the giving of financial assistance in connection with the transactions that they document or support. Accordingly, approval for the giving of any financial assistance under this Resolution includes the approval of the entry into any such document.
Reasons for the financial assistance
The reason for the giving of the financial assistance by Newave, Blueline and Coastal Hire (which is being given after the completion of the Newave and Blueline Acquisition and the Coastal Hire Acquisition) is that:
- (a) Westpac requires the proposed cross guarantees and fixed and floating charges from Newave, Blueline and Coastal Hire as part of the Company's existing banking facilities;
- (b) Westpac may in the future require the target security set out in (a) above or any replacement security in support of any refinancing of or variation to the existing banking facilities; and
- (c) Westpac may in the future require further security from Coastal Hire in connection with the funding of the acquisition of the remaining 25% of the shares in that company not currently owned by the Company.
Effect of financial assistance
The effect of the approval of Newave, Blueline and Coastal Hire giving the financial assistance is that:
- (a) by becoming a guarantor and security provider under the existing banking facilities, the assets of Newave, Blueline and Coastal Hire secures all obligations of the Company and its subsidiaries under the existing banking facilities;
- (b) if there is a default in the due and punctual payment of amounts owing under the existing banking facilities or if certain other events of default occur, the Company and its subsidiaries (including Newave, Blueline and Coastal Hire) could be required to immediately pay on demand all amounts then owing under the existing banking facilities and, to the extent such amounts are not repaid, the security will become enforceable by Westpac against the assets of those subsidiaries; and
- (c) some or all of the assets of Newave, Blueline and Coastal Hire will be subject to a security interest in favour of Westpac, such security interest being enforceable where, amongst other things, the Company or its subsidiaries are in default under the existing banking facilities; and
- (d) the same reasoning in (a) ,(b) and (c) applies in relation to any security provided in connection with the refinancing of or variation to the existing banking facilities and (in relation to Coastal Hire only) any further facilities granted by Westpac in connection with the funding of the acquisition of the remaining 25% of the shares in Coastal Hire not currently owned by the Company.
Conclusion
Adding Newave, Blueline and Coastal Hire to the security arrangements of the Company gives the Company the ability to restructure the existing debt facilities to provide flexibility and enhanced borrowing capacity as and when required by the Company which will assist with future growth.
If shareholders do not approve the financial assistance under Resolution 3, the ability to restructure the existing debt facilities or borrow additional amounts will be limited.
By reason of the above matters the Directors recommend that shareholders vote in favour of Resolution 3.
ENQUIRIES
Shareholders are invited to contact the Company Secretary, Gabriel Chiappini on (08) 9486-1644 if they have any queries in respect of the matters set out in these documents.
GLOSSARY
Annual Report means the Directors report, the Company's financial report and auditor's report thereon, in respect of the period ended 30 June 2008.
Blueline means Blueline Contracting Pty Ltd ACN 085 059 749.
Board means the board of directors of the Company
Coastal Hire means Coastal Hire Pty Ltd ACN 088 181 677.
Company means Global Construction Services Limited ACN 104 662 259
Constitution means the Company's Constitution
Corporations Act means the Corporations Act 2001 (Cth)
Director means a director of the Company
Explanatory Statement means the explanatory statement to the Notice
Newave means Newave Contracting Pty Ltd ACN 094 066 378.
Notice means the notice of meeting accompanying this Explanatory Statement
Remuneration Report means the remuneration report of the Company contained in the Annual Report.
Resolution means a resolution referred to in this Notice.
Share means an ordinary share in the capital of the Company.

000001 000 GCS MR SAM SAMPLE FLAT 123 123 SAMPLE STREET THE SAMPLE HILL SAMPLE ESTATE SAMPLEVILLE VIC 3030
Lodge your vote:
By Mail:
Computershare Investor Services Pty Limited GPO Box 242 Melbourne Victoria 3001 Australia
Alternatively you can fax your form to (within Australia) 1800 783 447 (outside Australia) +61 3 9473 2555
For all enquiries call:
(within Australia) 1300 764 094 (outside Australia) +61 3 9415 4266
Proxy Form
For your vote to be effective it must be received by 10.00am (WST) Tuesday 11 November 2008
How to Vote on Items of Business
All your securities will be voted in accordance with your directions.
Appointment of Proxy
Voting 100% of your holding: Direct your proxy how to vote by marking one of the boxes opposite each item of business. If you do not mark a box your proxy may vote as they choose. If you mark more than one box on an item your vote will be invalid on that item.
Voting a portion of your holding: Indicate a portion of your voting rights by inserting the percentage or number of securities you wish to vote in the For, Against or Abstain box or boxes. The sum of the votes cast must not exceed your voting entitlement or 100%.
Appointing a second proxy: You are entitled to appoint up to two proxies to attend the meeting and vote on a poll. If you appoint two proxies you must specify the percentage of votes or number of securities for each proxy, otherwise each proxy may exercise half of the votes. When appointing a second proxy write both names and the percentage of votes or number of securities for each in Step 1 overleaf.
A proxy need not be a securityholder of the Company.
Signing Instructions
Individual: Where the holding is in one name, the securityholder must sign.
Joint Holding: Where the holding is in more than one name, all of the securityholders should sign.
Power of Attorney: If you have not already lodged the Power of Attorney with the registry, please attach a certified photocopy of the Power of Attorney to this form when you return it.
Companies: Where the company has a Sole Director who is also the Sole Company Secretary, this form must be signed by that person. If the company (pursuant to section 204A of the Corporations Act 2001) does not have a Company Secretary, a Sole Director can also sign alone. Otherwise this form must be signed by a Director jointly with either another Director or a Company Secretary. Please sign in the appropriate place to indicate the office held.
Attending the Meeting
Bring this form to assist registration. If a representative of a corporate securityholder or proxy is to attend the meeting you will need to provide the appropriate ''Certificate of Appointment of Corporate Representative'' prior to admission. A form of the certificate may be obtained from Computershare or online at www.computershare.com.
Comments & Questions: If you have any comments or questions for the company, please write them on a separate sheet of paper and return with this form.
999999_SAMPLE_0_0_PROXY/000001/000001/i
Turn over to complete the form
| View the annual report:www.gcs-group.net | Update your securityholding:www.investorcentre.com.au |
|---|---|
| View the Annual Report | Review your securityholding |
| Your secure access information is:SRN/HIN: I9999999999 | Update your securityholdingPLEASE NOTE: For security reasons it is important that you keep yourSRN/HIN confidential. |
| MR SAM SAMPLEFLAT 123123 SAMPLE STREETTHE SAMPLE HILLSAMPLE ESTATESAMPLEVILLE VIC 3030 | Change of address. If incorrect,mark this box and make thecorrection in the space to the left.Securityholders sponsored by abroker (reference numbercommences with 'X') should adviseyour broker of any changes. | I9999999999 | I9999999999IND | ||
|---|---|---|---|---|---|
| Proxy Form | Please mark | to indicate your directions | |||
| Appoint a Proxy to Vote on Your Behalf | XX | ||||
| I/We being a member/s of Global Construction Services Limited hereby appoint | |||||
| the Chairman | ORof the meeting | PLEASE NOTE: Leave this box blank ifyou have selected the Chairman of theMeeting. Do not insert your own name(s). | |||
| or failing the individual or body corporate named, or if no individual or body corporate is named, the Chairman of the Meeting, as my/our proxyto act generally at the meeting on my/our behalf and to vote in accordance with the following directions (or if no directions have been given, asthe proxy sees fit) at the Annual General Meeting of Global Construction Services Limited to be held at Sheraton Perth Hotel, 207 AdelaideTerrace, Perth Western Australia on Thursday, 13 November 2008 at 10.00am (WST) and at any adjournment of that meeting. | |||||
| Items of Business | PLEASE NOTE: If you mark the Abstain box for an item, you are directing your proxy not to vote on yourbehalf on a show of hands or a poll and your votes will not be counted in computing the required majority. | ||||
| Resolution 1 | Adoption of the Remuneration Report | ||||
| Resolution 2 | Election of Mr David Macoboy as Non-Executive Director | ||||
| Resolution 3 | Approval of Financial Assistance | ||||
The Chairman of the Meeting intends to vote undirected proxies in favour of each item of business.
| Individual or Securityholder 1 | Securityholder 2 | Securityholder 3 | ||
|---|---|---|---|---|
| Sole Director and Sole Company Secretary | Director | Director/Company Secretary | ||
| ContactName | ContactDaytimeTelephone | //Date |
