Two board members at Anglo AGM

JOHANNESBURG – Diversified mining giant Anglo American plc said yesterday that only two board members would be allowed to attend the company’s annual general meeting (AGM) next month amid lockdown restrictions in the UK due to the coronavirus. The company said that the lockdown restricted public gatherings to no more than two people, thereby limiting the ability of shareholders to attend the AGM.

“In order to comply with relevant legal requirements, this year’s AGM will be convened with the minimum necessary quorum of two shareholders,” the group said. “This will be facilitated by the company.”

Anglo American said that the board recognised that the AGM was a valuable forum that provides shareholders with an opportunity to raise questions and comments.

“However, the health and safety of the company’s employees, shareholders and wider stakeholders are of paramount importance and the board fully supports the measures being taken by the government. On this basis, and assuming the continuation of containment and distancing measures, shareholders will not be able to attend the company’s 2020 AGM in person,” said the company.

Britain has been severely hit by the spread of the coronavirus, which has claimed more than 5000 lives with more than 51000 people testing positive, including Prime Minister Boris Johnson, who is in intensive care.

Source: iol.co.za