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Voting of the Trust’s Shares at the PLC EGMs

The Trust’s 100,000 Ordinary Shares and 153 Founder Shares were voted in favour of the proposal to restructure Wycombe Wanderers Football Club PLC at the company’s Extraordinary General Meetings on 6th July. The votes by the Trust’s members on how those shares should be voted were as follows.

Ordinary Shares
Eligible voters: 461
For: 259
Against: 96
Withheld: 1
Total votes: 356 (77% turnout)

Founder Shares
Eligible voters: 333
For: 201
Against: 68
Total votes: 269 (81% turnout)

In line with the Trust Board’s previous advice to members, those votes which were cast as “discretionary” (i.e. members had given the Trust Board the right to vote as the Board saw fit) were counted in favour of the proposal, following signing of the legal agreement between the Trust and Steve Hayes on the morning of 6th July.

So, voting on the Founder Shares was 75% in favour and 25% against. On the Ordinary Shares, voting was 73% in favour of the proposal. The Trust’s shares were therefore voted in their entirety in favour of the proposals for restructuring at the respective EGMs of Founder Shareholders and all Shareholders.

posted in news | 07.07.2009. 09:26

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