Sequoia Financial Group Limited (ASX: SEQ) (the Company) advises that, after careful consideration and taking into account the wishes of its Shareholders, the Board has resolved to withdraw Resolution 4 from the agenda of the Annual General Meeting of Shareholders scheduled for 10.30 am (AEDT) on Wednesday, 23 November 2022.
Resolution 4 requested the approval to increase the number of shares the Company is able to issue without shareholder approval over the 12-month period on and from the date of the Annual General Meeting under ASX Listing Rule 7.1A.
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