VCT
22/10/2013 16:56
MEETING
REL: 1656 HRS Vector Limited
MEETING: VCT: Results of 2013 Annual Meeting
At the Annual Meeting of Vector Limited held in Auckland on Tuesday 22
October 2013, shareholders approved the following resolutions set out in the
Notice of Meeting dated 19 September 2013.
Director Elections
-Peter Bird was re-elected a director
-Bob Thomson was re-elected a director
-Jonathan Mason was elected a director
Auditor re-appointment
The meeting recorded the automatic reappointment of KPMG as the Company's
auditor, and authorised the directors to fix the auditors remuneration for
the ensuing year.
Directors' remuneration increase
The meeting authorised an increase, with effect from 1 October 2013, in the
monetary sum payable to:
- the chairman of the board of directors of $11,400 plus GST (if any) per
annum, from $189,900 plus GST (if any) per annum to $201,300 plus GST (if
any) per annum; and
- each other director of $5,700 plus GST (if any) per annum, from $94,950
plus GST (if any) per annum, to $100,650 plus GST (if any) per annum.
Voting Details
Re-elect Peter Bird as a director
For: 803,251,760
Against: 184,760
Total votes received: 803,436,520
Re-elect Bob Thomson as a director
For: 803,288,370
Against: 214,755
Total votes received: 803,503,125
Elect Jonathan Mason as a director
For: 803,229,481
Against: 218,516
Total votes received: 803,447,997
Record the automatic reappointment of KPMG as the Company's auditor, and
authorised the Directors to fix the auditors remuneration for the ensuing
year:
For: 803,374,886
Against: 188,742
Total votes received: 803,563,628
Directors' remuneration increase:
For: 749,807,502
Against: 8,032,126
Total votes received: 802,839,628
Independent Directors
The following directors were identified at the Annual Meeting as Independent
Directors: Mr Peter Bird, Mr Hugh Fletcher, Mr Jonathan Mason, Ms Alison
Paterson, Mr Michael Stiassny and Mr Bob Thomson.
ENDS
End CA:00242715 For:VCT Type:MEETING Time:2013-10-22 16:56:33
