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Volution ( (GB:FAN) ) has shared an announcement.
Volution Group plc announced that all resolutions proposed at their Annual General Meeting were passed, including the re-election of several directors and the approval of the final dividend. Notably, a significant portion of votes were against Resolution 15 concerning the disapplication of pre-emption rights, prompting the Board to engage with shareholders to understand their concerns and provide an update within six months. This decision reflects the Pre-Emption Group Guidelines but suggests differing shareholder policies, highlighting a need for further discussion.
More about Volution
Volution Group plc is a leading international designer and manufacturer of energy-efficient indoor air quality solutions. The company operates through 29 key brands across the UK, Continental Europe, and Australasia, focusing on providing innovative ventilation products.
YTD Price Performance: 29.34%
Average Trading Volume: 770,030
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.09B
See more insights into FAN stock on TipRanks’ Stock Analysis page.
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