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Home News News and announcements SGM December 2021 K1 62005 / J72 69023 Overhaul Expenditure Motions

SGM December 2021 K1 62005 / J72 69023 Overhaul Expenditure Motions

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Results

The total number of valid ballot forms received was 355 of which 223 were received by post and 132 electronically, representing a total of 357 voters and giving a turnout of 52%.

The results of the ballot were as follows:

a) The Board seeks the approval of members, by ballot, for the expenditure, including contingency, of up to £430,000 for the overhaul of K1 62005.

Votes in favour of the motion: 337
Votes against the motion: 18
Abstentions: 2
Votes in favour represent 94.4 % of the total votes cast. The motion is therefore approved.

b) The Board seeks the approval of members, by ballot, for the revised estimated expenditure, including contingency, of up to £392,000 to complete the overhaul of J72 69023.

Votes in favour of the motion: 340
Votes against the motion: 8
Abstentions: 9
Votes in favour represent 95.2% of the total votes cast. The motion is therefore approved.