2023 Annual General Meeting
Result of AGM
At the Company’s Annual General Meeting held at 2pm on Thursday 22 June 2023, shareholders passed ordinary resolutions 2 – 8.
The Board notes that special resolutions 1, 9, 10 and 11 did not pass.
Special resolution 1 was an amendment to the Articles of Association of the Company, legally embedding its purpose by stating its goals are to have a materially positive impact on society and the environment, in addition to operating for the benefit of stakeholders. This is a legal requirement for the retention of B Corp certification which the Company is pursuing.
Special resolutions 9,10 and 11 were standard authorities that UK listed companies take at annual general meetings, relating to the allotment of 5% of shares for cash on a non-pre-emptive basis and purchase of own shares.
The Board is disappointed not to receive this limited additional flexibility of the special resolutions to pursue opportunities in the interests of the Company and its shareholders.
B Corp panel event
Good Energy is applying to become a B Corp. To hear more about why Good Energy wants to become a B Corp and how the designation has benefitted other businesses, watch our live panel event.
The event was live-streamed on the 7th June. You can watch it back below:
Pre-AGM Presentation and Q&A
On 14 June CEO Nigel Pocklington and CFO Rupert Sanderson provided an update and Q&A for shareholders via the Investor Meet Company. Sign up to Investor Meet Company for free at www.investormeetcompany.com and add Good Energy to attend investor presentations. This will also be available to watch on demand.