Aegis challenges Bollore

The board of Aegis has decided against 'show of hands' voting at its crucial AGM next Wednesday as part of its strategy to repel Vincent Bollore's bid for two board seats. <BR><BR> 'Show of hands' voting means each shareholder has one vote no matter how many shares he owns, and is often used to vote on resolutions at UK shareholder meetings. Instead, the board led by chairman Lord Sharman, has specified that each resolution will be voted for by a poll, where every Aegis share equals one vote. <BR><BR> Shareholders not attending the meeting can also vote by post or electronically, and the votes will be tallied up after the meeting ends. <BR><BR> Sharman appealed to shareholders who have not yet voted to do so, and to vote against Bollore's two candidates, Roger Hatchuel and Philippe Germond. <BR><BR> He reiterated the board's opposition to Bollore having board representation, describing it as a "severe conflict of interest". <BR><BR> <a href="http://www.brandrepublic.com/home/article/563540/aegis-challenges-bollore-one-share-one-vote-agm/">Click here for Brand Republic</a>