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Article: INM investors support board against O'Brien
- Article from:
- Belfast Telegraph
- Article date:
- June 12, 2008
- Author:
CopyrightCopyright 2008 Belfast Telegraph. Provided by ProQuest LLC. (Hide copyright information)
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The annual general meeting (AGM), which was held in London, gave
Mr O'Brien, who launched a similar attack on the company in Belfast
last year, a second attempt to rally institutional support as he
sought to block the re-election of directors and the adoption of the
company's accounts.
Yet the voting pattern of shareholders suggests that not only did
he fail to win support, but, after a year of attacking the company,
even fewer shareholders voted against the company than at last
year's AGM.
In a statement after the AGM, Dr Brian Hillery, the INM chairman,
said: "In a range of resolutions involving the re-election of
directors, approval of dividend and adoption of accounts, there was
clear ...