Investors in listed investment vehicle Marlin Global have voted nearly four to one against a proposal by Elevation Capital to remove Fisher Funds as manager, wind up the company and return capital to shareholders.
Marlin said the resolution saw the highest number of shares voted in the company’s history, “indicating that shareholders had strong views regarding Elevation’s proposal.”
Votes in favour accounted for fewer than 8% of total shares on issue, Marlin said.
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