Andium Homes Ltd: 2019 AGM voting instructions

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A decision made on 22 November 2019

Decision Reference: MD-TR-2019-0113
Decision Summary Title:	Andium Homes Ltd – 2019 AGM voting instructions		Date of Decision Summary:	20th November 2019
Decision Summary Author:	Head of Shareholder Relations		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title:	Andium Homes Ltd – 2019 AGM voting instructions		Date of Written Report:	20th November 2019
Written Report Author:	Head of Shareholder Relations		Written Report : Public or Exempt?	Exempt Articles 26 and 33
Subject: Andium Homes Ltd – 2019 AGM voting instructions.
Decision(s): The Assistant Minister authorised the Director, Treasury and Investment Management to attend the Annual General Meeting on 21st November 2019 as his representative and to vote on the following 5 Ordinary Resolutions to be put before the meeting, in accordance with the recommendations as set out in the Written Report. The Ordinary Resolutions and recommendations are:- To receive the minutes of the previous Annual General meeting and approve the content - To Approve. To note the appointment of the auditors of the Company, Baker Tilly Channel Islands Limited, to hold office until the next Annual General Meeting at which accounts are laid before the Company with the level of their remuneration for audit services set at £45,750. The appointment having been made with Ministerial approval outside of the normal AGM process. – To Note. To receive the annual report, including the audited financial statements, for the year ended 31st December 2018 – To receive and note. To receive the annual remuneration report of the Appointments and Remuneration committee, included with the financial statements, and approve the remuneration that was agreed by that Committee – To receive and not approve. To approve the re-appointment of Judy Beaumont as Non-Executive Tenant Director, for a period of 3 years to 31st December 2022 – To approve.
Reason(s) for decision: To fulfil the States’ role as Guarantor of Andium Homes Ltd by exercising voting rights at the 2019 Annual General Meeting.
Resource Implications: This decision has no resource implications other than those detailed in the report.
Action required: The Director, Treasury and Investment Management to attend the AGM and to vote in accordance with the Assistant Minister’s instructions, as set out above.
Signature:		Position: Deputy L Ash Assistant Minister for Treasury & Resources
Date Signed:		Date of Decision: