MRP
06/11/2015 08:30
MEETING
NOT PRICE SENSITIVE
REL: 0830 HRS Mighty River Power Limited (NS)
MEETING: MRP: Results of Annual Shareholders' Meeting
Results of Annual Shareholders' Meeting
At the Annual Shareholders' Meeting of Mighty River Power Limited held on
Thursday 5 November 2015, shareholders approved the following resolutions set
out in the Notice of Meeting dated 16 September 2015.
Director Elections
- Keith Smith was re-elected a director
- Prue Flacks was re-elected a director
- Mike Taitoko was elected a director
Directors' fees
The meeting approved that the total annual remuneration payable to all
directors be increased over two years by $139,750 from $851,250 to $991,000,
with the first annual increase to take effect from 5 November 2015.
Voting Details
Re-elect Keith Smith as a director
For: 972,396,795
Against: 3,454,151
Total votes received: 975,850,946
Re-elect Prue Flacks as a director
For: 974,347,754
Against: 1,502,427
Total votes received: 975,850,181
Elect Mike Taitoko as a director
For: 973,803,145
Against: 1,875,438
Total votes received: 975,678,583
Directors' fees: That the total annual remuneration payable to all directors
be increased over two years by $139,750 from $851,250 to $991,000, with the
first annual increase to take effect from 5 November 2015
For: 969,654,234
Against: 5,284,848
Total votes received: 974,939,082
Independent Directors
In terms of the NZX Main Board Listing Rule 3.3.3(a) the following directors
were identified following the Annual Shareholders' Meeting as Independent
Directors:
Joan Withers
Mike Allen
Prue Flacks
James Miller
Mike Taitoko
Keith Smith
Patrick Strange
Andrew Lark
See attached media release
ENDS
For further information:
David Glendining
Head of Communications
T 0272 105 337
Anna Hirst
Head of Investor Relations
T 0275 173 470
End CA:00272928 For:MRP Type:MEETING Time:2015-11-06 08:30:08
