[Osmf-talk] Please Vote at the General Meeting this Weekend
Richard Weait
richard at weait.com
Thu Dec 4 21:46:27 UTC 2014
and some backup. From Companies Act 2006
Sec 283 (1) A special resolution of the members (or of a class of
members) of a company means a resolution passed by a majority of not
less than 75%. [1]
Sec 282 (1) An ordinary resolution of the members (or of a class of
members) of a company means a resolution that is passed by a simple
majority. [2]
Wikipedia says that "Abstentions do not count in tallying the vote
negatively or positively; when members abstain, they are in effect
attending only to contribute to a quorum. "
>From our AoA, sections 65 - 67 [4] suggest that a proxy may be
instructed to vote as you instruct them (yes / no) on your behalf, or
to abstain from voting on your behalf. And that you may issue those
instructions for each voting matter.
I welcome any clearer references to confirm that abstentions don't
count as For or Against.
Best regards,
Richard
[1] http://www.legislation.gov.uk/ukpga/2006/46/section/283
[2] http://www.legislation.gov.uk/ukpga/2006/46/section/282
[3] http://en.wikipedia.org/wiki/Abstention
[4] http://wiki.osmfoundation.org/wiki/Articles_of_Association
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