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Jersey New Waterworks Company Limited: 2024 Annual General Meeting: Voting instructions

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A decision made 2 February 2024:

Decision Reference:  MD-TR-2024-36

Public

Subject: Jersey Water AGM voting instructions - AGM on 8 February

 

Report Title: The Jersey New Waterworks Company Limited - 2024 Annual General Meeting voting instructions

Public

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 6 Ordinary Resolutions and one Special Resolution, as set out in the accompanying report, to be put before the Annual General Meeting (AGM) of The Jersey New Waterworks Company Limited on the 8th February 2024.

Reason for Decision(s):

To fulfil the States’ role as shareholder of The Jersey New Waterworks Company Limited by exercising voting rights at the AGM.  The States of Jersey is the majority shareholder owning 100 per cent of ‘A’ Ordinary shares, 50 per cent of the issued Ordinary shares and a substantial holding of Preference Shares.  This gives the States of Jersey 83.33 per cent of the 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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