ThomasLloyd Energy Impact Trust has announced that it will be holding a second requisitioned general meeting on September 25. During this meeting, shareholders will be presented with resolutions proposing the removal of the current directors.
In response to these resolutions, the London-listed company's board has unanimously recommended that shareholders vote against them. The resolutions also include the appointment of four new directors, as proposed by the requisitioning shareholders.
During the annual general meeting held on June 30, the majority of shareholders, representing over 97% of votes cast, voted in favor of reelecting the current directors.
The company previously held a first requisitioned general meeting on August 24. During this meeting, 58% of votes cast were against a resolution calling for the company to continue in its present form, following the board's recommendation. Based on the outcomes of both the annual general meeting and the first requisitioned general meeting, the board believes it has received significant support from the majority of shareholders and has been given a clear mandate for the way forward.
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