XP Power (GB:XPP) has released an update.
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At XP Power Limited’s Annual General Meeting held in Singapore, shareholders unanimously approved all proposed resolutions with a significant majority, while Resolution 14, concerning the authorization to allot shares up to two-thirds of the company’s issued share capital, faced a notable dissent of 24.11%. The company has committed to engaging with shareholders to understand their concerns regarding this resolution and will report back within six months in compliance with the UK Corporate Governance Code.
For further insights into GB:XPP stock, check out TipRanks’ Stock Analysis page.
