The Alliance Group Ltd has announced its two new directors for its board.
The candidates to fill two vacancies are Don Morrison, of Gore, and Murray Taggart, of Oxford. Mr Taggart is a sitting director who retired by rotation.
Alliance Group chairman Murray Taggart, in a statement today, said the 49% turnout for the directors' election was significantly improved during recent years and reflected the interest in the issue.
"It is encouraging to see the turnout which demonstrates that our shareholders are very much interested in who represents them at the board table."
In 2012 the turnout for the directors election was 25% compared with 42% in 2011 and 30% in 2010.
The meeting also considered a non-binding shareholder resolution to appoint John Monaghan as an independent director under clause 17.8 of the company's constitution.
About 23.5% of eligible votes were exercised in the shareholder initiated resolution either in person or by proxy.
The non-binding shareholder resolution was passed in a poll vote by a small margin.
The board is currently in the process of appointing an independent director to replace the position vacated by Owen Poole.
"We expect to be in a position to make the appointment early in 2014."
The unsuccessful candidate was sitting director Jason Miller of Southdown who was first elected to the board in 2007.
Mr Taggart thanked Mr Miller for his commitment and contribution during his tenure on the board.
Results from the election postal ballot were:
- Jason Miller 20,034,201
- Don Morrison 20,555,396
- Murray Taggart 23,540,916
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