Ann: MEETING: MMH: Marsden Maritime Holdings Ltd - Notice of Meeting

• Release Date: 19/09/14 13:32
• Summary: MEETING: MMH: Marsden Maritime Holdings Ltd - Notice of Meeting
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					MMH
19/09/2014 13:32
MEETING

REL: 1332 HRS Marsden Maritime Holdings Limited (NS)

MEETING: MMH: Marsden Maritime Holdings Ltd - Notice of Meeting

The Annual General Meeting of Marsden Maritime Holdings Ltd will be held in
the Cafler Suite, Forum North Performance, Conference
and Expo Centre, Rust Avenue, Whangarei on Friday, 17 October 2014 at
11.00am.

ORDINARY BUSINESS
1. Chairman's and Chief Executive's Reports
To receive reports from the Chairman and the Chief Executive in respect of
the year ended 30 June 2014, including consideration of the financial
statements and the audit report.

2. Re-election and Election of Directors
Pursuant to NZSX Listing Rule 3.3.11 and regulation 7.8 of the Constitution
of the Company, Mr Ross Blackmore and Ms Elena Trout retire by rotation. Mr
Blackmore is not seeking re-election. Ms Trout offers herself for
re-election. Mr Mark Bogle has been nominated as a Director. Accordingly the
following separate ordinary resolutions are proposed requiring a simple
majority of votes by those shareholders entitled to vote and voting:

Resolution 1: That Ms Elena Trout be re-elected as a Director of Marsden
Maritime Holdings Limited.

Resolution 2: That Mr Mark Bogle be elected as a Director of Marsden Maritime
Holdings Limited.

For further details on the election of Directors, including profiles of Ms
Trout and Mr Bogle, see the Explanatory Notes (below).

GENERAL BUSINESS
To consider any other matter that may be properly be brought before the
meeting.

Tea and coffee will be available after the meeting.

By order of the Board

Gavin Carroll
COMPANY SECRETARY
19 September 2014

PROXIES
All shareholders are entitled to attend the meeting and may appoint a proxy
who need not be a shareholder of the Company to attend and,on a poll,vote in
their stead. You may appoint the "Chairman of the Meeting" as your proxy. A
proxy form accompanies this Notice of Meeting. The Chairman intends to vote
undirected proxies (where the Chairman has been appropriately authorised) in
favour of Resolutions 1 and 2.

Pursuant to section 125 Companies Act 1993, the Board has determined that for
the purposes of voting at the Annual Meeting, only those registered
shareholders of the Company at 5.00pm on Tuesday 14 October 2014, may do so.

Pursuant to section 19 of the Port Companies Act 1988 and section 14 of the
Public Audit Act 2001, the Auditor-General is the Auditor of the Company.

EXPLANATORY NOTES
1. Under clause 7.8 of the Constitution and NZX Listing Rule 3.3.11,
one-third of the Directors or, if their number is not a multiple of three,
then the number nearest to one-third, shall retire from office at the Annual
Meeting each year and are eligible for re-election at that meeting. The
Directors to retire are those of the Directors who have been longest in
office since their last election.

2. The directors retiring by rotation at the 2014 Annual Meeting are Mr Ross
Blackmore and Ms Elena Trout. Ms Elena Trout offers herself for re-election
and is eligible without further nomination. Mr Blackmore does not offer
himself for re-election.

3. Pursuant to NZX Listing Rule 3.3.5, the Company issued a notice on 7 July
2014 advising a closing date for director nominations of 5 September 2014. Mr
Mark Bogle has been nominated as a Director.

4. If elected, the Board considers that Mr Bogle would qualify as an
Independent Director under NZX Listing Rule 3.3.2.

5. Candidate profiles for Ms Trout and Mr Bogle are set out below.

6. As previously advised, Mr Colin Mitten will be retiring from the Board
effective 17 October 2014. As a consequence of the retirements of Messrs
Blackmore and Mitten, and assuming the foregoing proposed appointments of Ms
Trout and Mr Bogle are made, the number of directors on the Board will reduce
to six. As required by section 6(1)(a) of the Port Companies Act 1988 the
Company, being a designated port company, shall have no fewer than six
directors.

CANDIDATE PROFILES

MARK BOGLE
Mark Bogle of Whangarei is a qualified Accountant and is a member of the New
Zealand Institute of Chartered Accountants. He also has a Master of Public
Policy degree. Mark has a background in corporate governance, audit, finance
and commerce and has energy and forestry sector experience at Executive or
Director level. Mark has recently been appointed as Resource and Development
Manager for Habitat for Humanity in Northland. If elected, the Board
considers that Mr Bogle would qualify as an Independent Director under NZX
Listing Rule 3.3.2.

ELENA TROUT
Ms Trout is a professional civil engineer with an IPENZ membership status of
Fellow and holds a Masters of Civil Engineering degree from Canterbury
University. She has held a number of executive positions in the transport,
infrastructure and energy sectors and has over 30 years of experience in the
management planning and delivery of large projects. Ms Trout is currently a
member of the Electricity Authority, a member of the
Electricity Efficiency and Conservation Authority, Vice President of the
Institution of Professional Engineers NZ, Advisory Board Chair for Eco Stock
Supplies Ltd, Director of Harrison Grierson Holdings Ltd and former Director
of Transpower NZ Ltd. Ms Trout joined the Board in 2011 and is considered to
be an Independent Director.
End CA:00255459 For:MMH    Type:MEETING    Time:2014-09-19 13:32:16