Hipgnosis shareholders back £20m offer to prospective buyers
99.9% of those who attended the EGM voted in favour
99.9% of those who attended the EGM voted in favour
Bidder incentive fee vote comes amid the board’s allegations of ‘cherry-picking’ by Hipgnosis Songs Capital
Investment adviser’s call option a ‘structural conflict’, the trust’s board said
Aqua Ventures had demanded a review by 3 November, or it will call an EGM to replace the trust’s board
Board to put forward proposals for ‘reconstruction, reorganisation or winding-up’
Directors to hold board seats until AGM in 2024
Chief risk officer Elmar Zumbuehl replaces Randel Freeman, who has withdrawn due to unforeseen family circumstances
FCA has granted approval for the proposed takeover