Friday, 11 May 2018

UK: Deloitte LLP fails to be re-appointed at SIG plc annual general meeting

The annual general meeting of SIG plc was held yesterday: see here (pdf). Of note - because it is rare to see - is the rejection by the shareholders of the resolution to re-elect the external auditors (Deloitte LLP). The shareholders voted: 108,962,143 (For); 395,827,122 (Against); and 371,198 (Withheld). The board has announced that a tender of the audit engagement will now take place.

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