More than 99% of shareholders vote in favour of Carillion takeover.
Mowlem's shareholders today voted almost unanimously to approve a Carillion takeover.
At the court meeting, a majority in number of Mowlem shareholders who voted (either in person or by proxy), representing not less than 75 per cent. by value of the votes cast, voted in favour of the resolution to approve the scheme. The resolution was accordingly passed.
At the extraordinary general meeting, the resolution to approve the scheme and provide for its implementation was also passed by the requisite majority. The votes cast for each resolution were as follows:
Resolution to approve the scheme: FOR 99.65% AGAINST 0.35%