Anglo Eastern Plantations ( (GB:AEP) ) has shared an update.
Anglo-Eastern Plantations Plc (AEP) addressed the outcomes of its 2024 Annual General Meeting where a notable number of shareholders opposed a resolution related to the Directors’ Power to Allot equity securities without pre-emption rights. The company emphasized that the resolution aligns with corporate governance guidelines and aimed at maintaining flexibility in capital management. Following shareholder feedback, particularly concerns about dilution, AEP committed to engaging with its shareholders on a case-by-case basis for specific transactions to ensure their interests are safeguarded.
More about Anglo Eastern Plantations
YTD Price Performance: -6.42%
Average Trading Volume: 13,466
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £241.7M
See more data about AEP stock on TipRanks’ Stock Analysis page.
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