Bulletin from Kindred Group plc's Extraordinary General Meeting
VALLETTA, Malta, Feb. 16, 2024 /PRNewswire/ -- At Kindred Group plc's ("Kindred" or the "Company") extraordinary general meeting held on 16 February 2024 (the "EGM") 42.16 percent in nominal value of the total shares/Swedish depository receipts ("SDRs") in issue were represented at the meeting and 99.97 percent of the shares/SDRs represented (42.14 percent of the total shares/SDRs in issue) voted in favor of the Board of Directors' proposal to amend the Company's current Memorandum and Articles of Association to, inter alia, include squeeze-out rights for an offeror.
- VALLETTA, Malta, Feb. 16, 2024 /PRNewswire/ -- At Kindred Group plc's ("Kindred" or the "Company") extraordinary general meeting held on 16 February 2024 (the "EGM") 42.16 percent in nominal value of the total shares/Swedish depository receipts ("SDRs") in issue were represented at the meeting and 99.97 percent of the shares/SDRs represented (42.14 percent of the total shares/SDRs in issue) voted in favor of the Board of Directors' proposal to amend the Company's current Memorandum and Articles of Association to, inter alia, include squeeze-out rights for an offeror.
- In accordance with Article 135 of the Companies Act (Cap.
- As these requirements were not met, the Board of Directors is to convene a second extraordinary general meeting (the "Second EGM") within 30 days to take a fresh vote on the proposal to amend the Company's current Memorandum and Articles of Association in accordance with the rules set out in Article 135(1)(b) of the Companies Act (Cap.
- 386 of the Laws of Malta).