2017 Director election - update
Tuesday, 03 October 2017 09:00
In September, nominations opened to fill two vacant positions on the Board. Two eligible nominations were received - Heather Nash and Bruce Papps, therefore no election is necessary.
Nevertheless, in such circumstances, Clause A5-3(2) of SERVICE ONE’s Constitution indicates that:
If the number of candidates or, if applicable, the number of candidates seeking election by the holders of a class of member share is equal to or less than the number of positions to be filled:
a) the general meeting may appoint each candidate as a director by passing a separate resolution at the AGM; and
b) the election process... is discontinued.
As such, Members will vote on two ordinary resolutions related to these two appointments to the Board at SERVICE ONE's AGM on Wednesday 8 November 2017.
Please note that the Director Nominations Committee has met the above candidates and considers that each satisfies SERVICE ONE's 'Fit and Proper' requirements.