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Independent shareholders veto 2:1 rights issue at Neway (0055)
Company announcement, 4-May-2020
Good to see. Since 13-Jul-2018, "whitewash waivers" under the Takeovers Code require a 75% approval, to allow someone to take control without making a general offer. The vote was only 73.23% in favour, so it failed. Every vote counts!
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