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Jersey Electricity PLC: 2023 Annual General Meeting: Voting instructions

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A decision made 24 February 2023:

Decision Reference:  MD-TR-2023-95

Public

Subject: Jersey Electricity Plc - 2023 Annual General Meeting voting instructions

 

Report Title: Jersey Electricity Plc - 2023 Annual General Meeting voting instructions

Exempt (Article 33(a))

Decision(s):

The Minister for Treasury and Resources decided to instruct the Treasurer and Greffier of the States to vote by proxy, in favour of the 11 Ordinary resolutions, set out in the report, to be put before the Annual General Meeting of the Jersey Electricity Plc on the 8 March 2023.

Reason for Decision(s):

To fulfil the States’ role as shareholder of the Jersey Electricity Plc by exercising voting rights at the Annual General Meeting.  The States of Jersey is holder of all of the Ordinary 5p shares which amounts to 62% of the ordinary share capital of Jersey Electricity Plc. This represents 86.4% of the total voting rights.

Resource Implications: There are no additional resource implications as a result of this decision.

 

Action Required: The Minister’s Private Secretary to inform the Head of Shareholder Relations that this decision has been approved.  The Head of Shareholder relations to arrange for the Treasurer of the States and the Greffier of the States to sign the Form of Proxy in accordance with this decision.

Signature:

 

 

Signed By: Minister for Treasury and Resources

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

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