CentralNic Group plc (GB:TIG) has released an update.
Team Internet Group plc successfully passed all resolutions at its recent AGM, with particular note on the unanimous approval of the Report of Directors and Audited Accounts and the final dividend. However, there was noticeable shareholder opposition to the Directors’ Remuneration Report and resolutions regarding share allocation and pre-emption rights, prompting the Board to commit to further engagement with shareholders. The company emphasizes its role in connecting businesses to domains and brands to consumers through its digital advertising and domain name management solutions, generating reliable earnings from subscription revenues and revenue-sharing contracts.
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