WasteCo shareholders have approved three resolutions at the company's shareholder meeting.
The meeting, which took place today, saw all voting conducted by a poll, in accordance with NZX Listing Rule 6.1. The first resolution that was passed, involved the re-appointment of Deloitte as the company's auditor, and the authorisation of the directors to determine the auditors' remuneration for the next year.
Shareholders also approved the second resolution, which grants the directors the authority to issue up to 33.9 million options to acquire ordinary shares to employees, contractors, and non-executive directors of WasteCo and its subsidiaries.
The third resolution, meanwhile, allows the directors to issue up to 127.3 million new fully paid ordinary shares to wholesale investors, at an issue price equal to the volume weighted average price of WasteCo's shares traded on the NZX.
