Laggard: Another example of Show of Hands without attendance at Forterra plc AGM

Forterra plc held their meeting on 14 May 2020 and resolutions were passed by way of a show of hands, and yet, the provisions for the meeting were as follows:

“As a result, shareholders are not permitted to attend the AGM in person and will not be admitted.  Questions can be submitted to your Board by e-mail to investors@forterra.co.ukand it is our intention to arrange a conference call with our Chief Executive and Chief Financial officers once the current crisis has passed.”

So that brings in to question whose hands were shown and how many!

This issue is something that should potentially be flagged up to regulators.

Two directors had more than 9% of votes against their re-election.

Cliff Weight

I do not own shares in this company.