bobs last post, page-65

Goodaye ACP123

can you please explain this for me"

You said:
"Re the July 19 meeting, the law is pretty clear that if you have a resolution relating to management remuneration, you need express authorisation in the proxy appointment that the chair can exercise undirected proxies notwithstanding the connection of the resolution to remuneration..."

The extract below is from another company's Proxy Form.
I was not clear what they were referring to.

But is this what you mean by your above comment re CTP GM ?

"Important for Resolution 2
If the Chairman of the General Meeting is appointed as your proxy, or may be appointed by default, and you do not wish to direct your proxy how to vote as your proxy in respect of Resolution 2 please place a mark in this box.

By marking this box, you acknowledge that the Chairman of the General Meeting may exercise your proxy even if he has an interest in the outcome of Resolution 2 and that votes cast by the Chairman of the General Meeting for Resolution 2 other than as proxy holder will be disregarded because of that interest. If you do not mark this box, and you have not directed your proxy how to vote, the Chairman will not cast your votes on Resolution 2 and your votes will not be counted in calculating the required majority
if a poll is called on Resolution 2.

If no directions are given, the Chairman intends to vote undirected proxies in favour of the resolution...."

cheers