Minority shareholder group fails to get representative elected to board

GERRY Killen’s challenge to the board of One51 yesterday failed to unseat any of the directors.

Mr Killen had nominated himself, Alf Smiddy and Peter Brennan for election to the board, but for technical reasons, shareholders hoping to vote in change at yesterday’s AGM, were denied that opportunity.

Existing chairman Denis Buckley and four other outgoing directors were voted back on to the board. The board had more than 62% of votes in favour of all resolutions before the AGM, including the re-election of directors. After the meeting, both sides expressed satisfaction with the outcome.