Medserv plc – Outcome of the resolutions proposed to the Annual General Meeting

Medserv plc issued the following Company Announcement:

At the annual general meeting of the Company held on the 30 May 2016, the shareholders considered and approved the following resolutions:

Ordinary Business

Resolutions

1.that the Consolidated Financial Statements for the financial period ended 31 December 2015 and the Directors’ and Auditors’ report thereon be hereby received and approved;

2. that the appointment of KPMG as auditors of the company be hereby approved and that the Board of Directors be hereby authorized to fix their remuneration;

Special Business

Extraordinary Resolutions

1. that the Memorandum of Association of the Company be and is hereby amended so that clause 6 of the Memorandum of Association of the Company be amended in its entirety as follows:

“6. The board of Directors of the Company shall consist of not less than two (2) and not more than six (6) Directors, of which at least two (2) shall be nonexecutive directors.”

In addition, the shareholders were informed that the Company had five vacancies for Directors and that five valid nominations were received from each of Anthony J Duncan, Anthony S Diacono, Joseph F.X. Zahra, Joseph Zammit Tabona and Charles Daly. Pursuant to the provisions of Article 55.3 of the Company’s Articles of Association, where there are as many nominations as there are vacancies on the Board, then each person nominated shall be automatically appointed a Director. Accordingly, no election for directors was required.

To view the official Company Announcement, click here.