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NZK – 2019 Annual Shareholders’ Meeting results

AGM5 November 2019NZKConsumer Staples

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Meeting Results Announcement

Updated as at 26 September 2019

Page 1 of 2

5 November 2019


Results of New Zealand King Salmon Investments Ltd (NZX and ASX:NZK)

Annual Shareholder Meeting


At New Zealand King Salmon Investment’s Annual Shareholder meeting, held in Blenheim

today, shareholders were asked to vote on 6 resolutions, which were supported by the Board

other than resolution 5, on which neither the Board nor any associated person was permitted to

vote.


As required by NZX Listing Rule 6.1, all voting was conducted by a poll.


The resolutions passed by shareholders were:


• Item 1 That the Board is authorised to fix the auditor’s remuneration for the coming year.

• Item 2 Having been appointed during the year by the Board and holding office only until the

Annual Meeting, that Tomakin Lai (Po Sing Lai) be elected as a Director.

• Item 3 Having been appointed during the year by the Board and holding office only until the

Annual Meeting, that Chiong Yong Tiong be elected as a Director.

• Item 4 Having retired in accordance with NZX Listing Rule 2.7.1, that Grant Rosewarne be

elected as a Director.

• Item 5 That the maximum total pool of Director’s remuneration payable by NZKS to

Directors (in their capacity as Directors) be increased by $55,000 per annum from $465,000

per annum to $520,000 per annum with immediate effect, with such sum to be divided

amongst the Directors as the Board may from time to time determine.

• Special Resolution Item 6 That, effective from the close of the Annual Meeting, the

constitution of NZKS be amended in the form and manner described in the Explanatory

Notes


Detail of the total number of votes cast in person or by a proxy holder are:


Resolution For Against Abstain

Item 1 That the Board is authorised

to fix the auditor’s remuneration for

the coming year.

96,278,702

(99.89%)

110,750

(0.11%)

37,700

Item 2 Having been appointed

during the year by the Board and

holding office only until the Annual

Meeting, that Tomakin Lai (Po Sing

Lai) be elected as a Director.

86,308,931

(89.58%)

10,034,751

(10.42%)

83,470

Item 3 Having been appointed

during the year by the Board and

holding office only until the Annual

Meeting, that Chiong Yong Tiong be

elected as a Director.

96,313,882

(99.97%)

26,200

(0.03%)

87,070

Item 4 Having retired in accordance

with NZX Listing Rule 2.7.1, that

Grant Rosewarne be elected as a

Director.

96,378,246

(100.00%)

3,736 (0.00%) 45,170


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Item 5 That the maximum total pool

of Director’s remuneration payable

by NZKS to Directors (in their

capacity as Directors) be increased

by $55,000 per annum from

$465,000 per annum to $520,000

per annum with immediate effect,

with such sum to be divided

amongst the Directors as the Board

may from time to time determine.

20,343,734

(97.29%)

566,503

(2.71%)

75,516,915

Special Resolution Item 6 That,

effective from the close of the

Annual Meeting, the constitution of

NZKS be amended in the form and

manner described in the Explanatory

Notes

96,318,862

(99.99%)

7,700 (0.01%) 100,590



Independent Directors

In terms of NZX Listing Rule 2.6.1, the Board has determined the following directors are

independent:

John Ryder

Paul Steere



Authority for this announcement

Name of person authorised to make this

announcement

Andrew Clark

Contact person for this announcement Andrew Clark

Contact phone number 021 471-953

Contact email address andrew.clark@kingsalmon.co.nz

Date of release through MAP 05/11/2019


ENDS

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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