Low Shareholder Support for Director Remuneration and Re-Election at APQ Global AGM

By Joe Hoppe

APQ Global, the London-listed investment company, announced that several key resolutions at its annual general meeting received low shareholder support.

Director Remuneration Approval

Directors Re-elected

Resolutions to re-elect Finance Director Phil Soulsby and Chief Executive Bart Turtelboom both received the endorsement of 71.98% of voting shareholders. However, the re-election of Nonexecutive Chairman Wayne Bulpitt faced more opposition, receiving the support of only 59.25% of voting shareholders.

Engaging with Shareholders

APQ has expressed its intention to engage with shareholders in order to understand their concerns regarding the remuneration and the reasoning behind voting against the reappointment of the directors. The company stresses that its main objective is to provide value and significant growth to its shareholders, with all decisions made in line with this focus.

Strong Majority for Other Resolutions

It is worth noting that all other resolutions at the AGM were passed with over 80% of votes in favor. This reaffirms the overall support for APQ’s strategic direction and decision-making.