Quarto Shareholders Vote Against Four Non-Exec Director Resolutions

LONDON (Alliance News) - Quarto Group Inc said at its annual general meeting on Thursday ...

Alliance News 17 May, 2018 | 4:41PM
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LONDON (Alliance News) - Quarto Group Inc said at its annual general meeting on Thursday shareholders removed four non-executive directors and appointed four more.

Non-Executive Directors Peter Read, Leslie-Ann Reed, Jess Burley, and Claire Capeci were all removed with more than 70% of votes going against them in each case.

In their stead, Chuk Kin Lau, Mei Lan Lam, Laurance Orbach, and Mick Mousley have been appointed as non-executive directors. Mousley was chief financial officer of the company from 1987 to 2015.

The company confirmed as well at the AGM that trading has been in line with its expectations.

Shares in the illustrated book publisher were down 0.4% Thursday at 115.50 pence each.

By George Collard; georgecollard@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Quarto Group (The) Inc 68.50 GBX 0.00 -
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