Marlborough Wine Estates delisting from NZX approved

Marlborough Wine Estates Group has announced the outcome of resolutions voted on at its shareholder meeting.

The resolutions, which were supported by the board, were all passed by shareholders.

The resolutions included the automatic re-appointment of BDO as the company's auditor and the authorisation for the board to fix the auditor's remuneration for the forthcoming year.

Shareholders also approved the delisting of Marlborough Wine Estates from the NZX Main Board and granted the directors the authority to undertake all necessary actions and enter into agreements to effect this resolution.

Additionally, the existing constitution will be amended, with effect immediately following the company's delisting from the NZX Main Board, and the directors were authorised to take any necessary actions to give effect to this special resolution.