Man Utd Holds EGM with 98.2% Shareholder Turnout on Feb 5
Ticker: MANU · Form: 6-K · Filed: Feb 6, 2024 · CIK: 1549107
Complexity: simple
Sentiment: neutral
Topics: shareholder-meeting, corporate-governance, regulatory-filing
TL;DR
**Man Utd shareholders showed up big for the EGM, expect news soon!**
AI Summary
Manchester United plc held an Extraordinary General Meeting on February 5, 2024, where shareholders representing approximately 98.2% of total votes (1,133,983,149 votes from Class A and Class B ordinary shares) were present. This meeting was crucial for the company, as it likely addressed significant proposals impacting its future operations or ownership structure. For investors, the high voter turnout indicates strong shareholder engagement, and the outcome of the proposal, though not detailed in this filing, will directly influence the stock's value and the company's strategic direction.
Why It Matters
This filing confirms high shareholder engagement at a critical meeting, suggesting significant decisions were made that could impact the company's future and stock performance.
Risk Assessment
Risk Level: low — This filing is purely procedural, reporting the occurrence and attendance of a meeting, not a specific event with inherent risk.
Analyst Insight
Investors should monitor Manchester United plc's subsequent filings for the detailed voting results from the February 5, 2024, Extraordinary General Meeting, as these results will reveal the specific decisions made and their potential impact on the company's future.
Key Numbers
- 1,133,983,149 — Votes Present (Represents the total votes from Class A and Class B ordinary shares at the EGM.)
- 98.2% — Shareholder Turnout (Indicates a very high level of shareholder participation in the EGM.)
Key Players & Entities
- Manchester United plc (company) — the registrant holding the Extraordinary General Meeting
- February 5, 2024 (date) — date of the Extraordinary General Meeting
- 1,133,983,149 (dollar_amount) — number of votes present at the meeting
- 98.2% (dollar_amount) — percentage of total votes represented at the meeting
- January 8, 2024 (date) — record date for the Extraordinary General Meeting
Forward-Looking Statements
- Manchester United plc will release the specific voting results of the Extraordinary General Meeting soon. (Manchester United plc) — high confidence, target: Q1 2024
FAQ
When did Manchester United plc hold its Extraordinary General Meeting?
Manchester United plc held its Extraordinary General Meeting on February 5, 2024.
What percentage of total outstanding Ordinary Shares were represented at the Extraordinary General Meeting?
Approximately 98.2% of the total votes of the Company’s outstanding Ordinary Shares were represented at the Extraordinary General Meeting.
How many votes were present in person or by proxy at the Extraordinary General Meeting?
The holders of 1,133,983,149 votes of the Company’s Class A ordinary shares and Class B ordinary shares were present in person or represented by proxy.
What was the record date for shareholders to be eligible to vote at the Extraordinary General Meeting?
The record date for the Extraordinary General Meeting was January 8, 2024.
Which SEC registration statements incorporate this Form 6-K by reference?
This Form 6-K is incorporated by reference into the Registration Statement on Form F-3 (No. 333-259817) filed on September 27, 2021, and the Registration Statement on Form S-8 (No. 333-183277) filed on August 13, 2012.
Filing Stats: 521 words · 2 min read · ~2 pages · Grade level 16.5 · Accepted 2024-02-06 06:00:46
Filing Documents
- tm245280d1_6k.htm (6-K) — 19KB
- 0001104659-24-010838.txt ( ) — 20KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of February, 2024 Commission File Number: 001-35627 MANCHESTER UNITED PLC (Translation of registrant’s name into English) Old Trafford Sir Matt Busby Way Manchester M16 0RA United Kingdom (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1). Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7). THIS REPORT ON FORM 6-K IS HEREBY INCORPORATED BY REFERENCE INTO THE FOLLOWING REGISTRATION STATEMENTS OF THE REGISTRANT: THE REGISTRATION STATEMENT ON FORM F-3 (NO. 333-259817) ORIGINALLY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION (“ SEC ”) ON SEPTEMBER 27, 2021 , AS AMENDED, AND THE REGISTRATION STATEMENT ON FORM S-8 (NO. 333-183277) ORIGINALLY FILED WITH THE SEC ON AUGUST 13, 2012, AS AMENDED. On February 5, 2024, Manchester United plc (the “Company”) held an extraordinary general meeting of its shareholders (the “Extraordinary General Meeting”). The holders of 1,133,983,149 votes of the Company’s Class A ordinary shares and Class B ordinary shares (collectively, the “Ordinary Shares”) were present in person or represented by proxy at the Extraordinary General Meeting, representing approximately 98.2% of the total votes of the Company’s outstanding Ordinary Shares as of the January 8, 2024 record date for the Extraordinary General Meeting. The following are the voting results for the proposal considered and voted upon at the Extraordinary General Meeting, which was described in the Company’s Notice of Extraordinary General Meeting of Shareholders, Notice of Internet Availability of Proxy Material and Limited Proxy Statement, included as Exhibit 99.1 to the Company’s Report of Foreign Private Issuer on Form 6-K, filed by the Company with the Securities and Exchange Commission on January 17, 2024. Proposal 1 – Approval of a special resolution to replace the existing amended and restated memorandum and articles of association of the Company with a new amended and restated memorandum and articles of association to, among other things, provide for certain transfers of Class B ordinary shares without conversion of such shares into Class A ordinary shares. Votes FOR Votes AGAINST Votes ABSTAINED 1,132,045,651 1,525,023 412,475 Based on the foregoing votes, Proposal 1 was approved. Further detail regarding the breakdown of the voting results between the Class A ordinary shares and Class B ordinary shares is set forth below. Class A Ordinary Shares Votes FOR Votes AGAINST Votes ABSTAINED 29,969,521 1,525,023 412,475 Class B Ordinary Shares Votes FOR Votes AGAINST Votes ABSTAINED 1,102,076,130 0 0 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: February 6, 2024 MANCHESTER UNITED PLC By: /s/ Cliff Baty Name: Cliff Baty Title: Chief Financial Officer