MGL
01/12/2014 16:54
MEETING
NOT PRICE SENSITIVE
REL: 1654 HRS Mercer Group Limited
MEETING: MGL: Minutes of Meeting
Minutes of Meeting
Monday, 1st December 2014 at 3.00pm.
The Mercer Group Limited 2014 Annual Meeting was held at the George Hotel,
Christchurch.
Present: G J Diack (Chairman), R G Rookes, H J D Rolleston, P Smart, R
Shepherd (CEO), T Blathwayt (CFO), G Jensen (minute secretary) and 26
attendees (including 9 shareholders).
After opening statements the Chief Executive Officer presented a Mercer CEO
presentation 2014 over view.
Mr Diack advised that voting at the meeting would be by show of hands. He
also advised that proxies representing a total of 72,080,931 shares have been
received of which 71,597,761 were held by himself with the balance held by
the New Zealand Shareholders Association representing 24.3% of the total
shares.
The results of the voting on the following resolutions are as follows:
1 Auditor's Remuneration
Mr Diack advised that the first resolution on the agenda is to authorise the
board of directors to fix the auditor's fees and expenses for the coming
year.
There being no discussion Mr Diack moved and Mr Ron Gillatt seconded.
The resolution was carried on a show of hands.
2 Re-election of Mr Rolleston
Mr Diack advised that the second resolution on the agenda is the re-election
of the Mr Rolleston. Mr Rolleston has retired from the board in accordance
with the Company's constitution and, being eligible, offers himself for
re-election at this meeting.
There being no discussion Mr Diack moved and Mr Gillatt seconded that Mr
Rolleston be re-elected as a Director of the Company.
The resolution was carried on a show of hands.
3 Re-election of Mr Smart
Mr Diack advised that the third resolution on the agenda is the re-election
of Mr Smart. Mr Smart has retired from the board in accordance with the
Company's constitution and, being eligible, offers himself for re-election at
this meeting.
There being no discussion Mr Diack moved and Mr Gillatt seconded that Mr
Smart be re-elected as a Director of the Company.
The resolution was carried on a show of hands.
The meeting concluded at 3.40pm.
G Diack
Chairman
1 December 2014
Mercer wishes to advise the market of the outcome of the resolutions put to
its Annual Meeting on 1 December 2014.
Auditor's Remuneration
Resolution 1 - Ordinary resolution
That the Board of Directors be authorized to fix the Auditor's fees and
expenses for the coming year
Result: Passed on a show of hands
Re-election of Directors
Resolution 2 - Ordinary resolution
That Humphry Rolleston be re-elected as a Director of the Company
Result: Passed on a show of hands
Resolution 3 - Ordinary resolution
That Paul Smart be re-elected as a Director of the Company
Result: Passed on a show of hands
In accordance with NZSX Listing Rule 3.3.3 (a), the Board has determined that
the Independent Directors of
Mercer are:
Garry Diack
Paul Smart
ENDS
End CA:00258357 For:MGL Type:MEETING Time:2014-12-01 16:54:56
