AGM NOTICE 2024
NOTICE IS HEREBY GIVEN that an AGM of the Company will be held in the Fred Bell Lecture Theatre at Le Friquet Garden Centre, Rue du Friquet, Castel, Guernsey GY1 3XA at 10.30 a.m. on 13 June 2024 for the purpose of considering, and if thought fit, adopting the following resolutions:
ORDINARY RESOLUTIONS
1. To re-elect Simon Burke who retires as a director and, being eligible, offers himself for re-election as a director of the Company.
2. To approve an increase in the annual fee payable to each non-executive Director (excluding the Chairman) from £24,000 per annum to £35,000 per annum (not including any additional fee of £5,000 per annum payable to those non-executive Directors who act as chair of any committees of the Board).
3. To reappoint BDO LLP as Auditor of the Company from the end of this Annual General Meeting until the end of the next Annual General Meeting of the Company in accordance with section 257(4) of the Companies Law.
4. To authorise the Directors of the Company to determine the remuneration of the Auditor in accordance with section 259(a)(ii) of the Companies Law.
5. That, pursuant to Article 56 of the Articles of Incorporation of the Company (the "Articles") and section 287(1)(b) of the Companies (Guernsey) Law, 2008 (as amended) (the "Companies Law"):
a. each share of 2 pence in the issued share capital of the Company be sub-divided into 5 new shares of 0.4 pence each;
b. each new share resulting from the share split referred to in resolution 5(a) above, confer the rights and are subject to the restrictions attaching to an ordinary share in the Articles; and
c. the share split referred to in resolution 5(a) shall, if passed, take effect on the date on which this ordinary resolution is passed.
If this meeting should be adjourned on the basis that there is not a quorum of Shareholders of the Company, in person or by proxy, the adjourned meeting will stand adjourned for fourteen days at the same time and place.
By order of the Board
Richard Hemans
Company Secretary
Date: 13 May 2024