Latest news with #ErnstYoung
The Independent
2 days ago
- Business
- The Independent
Healthcare firm Totally collapses but divisions sold
Former NHS 111 urgent care provider Totally has collapsed into administration, but said a deal to sell its main divisions will see the 'uninterrupted provision' of all its services. The Derby-based healthcare firm – which lost the NHS 111 support contract in February this year – has appointed Ernst & Young partners Tim Vance and Sam Woodward as joint administrators after failing to secure bids or strategic investors for the entire firm. It said that following the appointment, the sale of its selective care and corporate wellbeing subsidiaries, as well as the urgent care division, was completed to rival PHL Group. 'This transaction sees the continued and uninterrupted provision of all services previously delivered by the group,' Totally said. Totally employed more than 1,400 employees, according to its 2023-2024 annual report. The group added: 'PHL Group will make separate announcements shortly, including communication with the customers, suppliers and employees of the elective care and urgent care divisions, and the corporate wellbeing business, which are all continuing to provide all services as normal following the transaction.' The company's failure comes after a difficult past year, with the firm losing the NHS 111 contract worth £13 million and then revealing last month it was facing a potential medical negligence claim related to an incident in January 2018. At the time, it warned the size of the liability for the claim could be more than the £10 million claim limit on its insurance policy. It launched a strategic review to look at options, including the sale of subsidiaries 'receiving strategic investment or undertaking some other form of comparable corporate action'. Shares in the firm plummeted at the time. On June 6, it announced its intention to appoint administrators after the review had failed to see any 'solvent' offers for parent firm Totally and suspended its shares from trading on London's junior Aim market. PHL – the buyer of its trading divisions – was launched in 2009 and runs services in the UK and overseas, including integrated urgent care, urgent treatment centres, surgical insourcing, custody healthcare, ADHD services and general practice.
National Post
7 days ago
- Business
- National Post
Algonquin Power & Utilities Corp. Holds Annual Meeting of Shareholders and Announces Election of Board of Directors
Article content OAKVILLE, Ontario — Algonquin Power & Utilities Corp. ('AQN' or the 'Company') (TSX/NYSE: AQN) today held an annual meeting of common shareholders. At the meeting, each of the following 11 nominees listed in the Company's management information circular dated April 24, 2025 were elected as directors of AQN pursuant to a vote by ballot: Article content Nominee Votes For % For Votes Against % Against Brett Carter 445,237,184 96.47 16,311,561 3.53 Amee Chande 459,368,238 99.53 2,181,565 0.47 Daniel Goldberg 426,493,805 92.40 35,054,939 7.60 Christopher Huskilson 459,454,425 99.55 2,094,321 0.45 D. Randall Laney 457,935,246 99.22 3,613,500 0.78 David Levenson 452,740,056 98.09 8,808,689 1.91 Christopher Lopez 459,366,229 99.53 2,182,520 0.47 Gavin Molinelli 458,963,565 99.44 2,585,180 0.56 Dilek Samil 458,920,264 99.43 2,629,539 0.57 DeAnn Walker 459,292,463 99.51 2,257,338 0.49 Roderick West 459,375,880 99.53 2,172,866 0.47 Article content Article content Shareholders also voted in favour of the re-appointment of Ernst & Young LLP as the Company's auditor for the ensuing year, a resolution approving the continuation, amendment and restatement of the Company's Shareholder Rights Plan, and an advisory resolution approving the Company's approach to executive compensation. Article content Final voting results on all matters voted on at the annual meeting of shareholders will be filed with Canadian and U.S. securities regulatory authorities at and Article content About Algonquin Power & Utilities Corp. and Liberty Article content Algonquin Power & Utilities Corp., parent company of Liberty, is a diversified international generation, transmission, and distribution utility. AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN's common shares, preferred shares, Series A, and preferred shares, Series D are listed on the Toronto Stock Exchange under the symbols AQN, and respectively. AQN's common shares and Series 2019-A subordinated notes are listed on the New York Stock Exchange under the symbols AQN and AQNB, respectively. Article content Article content Article content Article content Article content Contacts Article content Investor Inquiries: Article content Alison Holditch Manager, Investor Relations Algonquin Power & Utilities Corp. E-mail: InvestorRelations@ Telephone: (905) 465-4500 Article content Media Inquiries: Article content Article content
Globe and Mail
21-05-2025
- Business
- Globe and Mail
AGI Announces Approval of All Resolutions at Annual Meeting of Shareholders
Ag Growth International Inc. (TSX: AFN) ("AGI" or the "Company") is pleased to announce the voting results from its annual meeting of shareholders held on May 21, 2025. A total of 11,874,006 common shares, representing approximately 63% of AGI's outstanding shares, were represented in person or by proxy at the meeting. The following nominees were elected as directors for the ensuing year, with the specific voting results being as follows: Director Votes For Percentage Votes Against Percentage Rohit Bhardwaj 8,934,310 75.70% 2,868,231 24.30% Jean-Philippe Choquette 11,779,210 99.80% 23,331 0.20% Mike Frank 8,623,174 73.06% 3,179,367 26.94% Daniel Halyk 11,090,391 93.97% 712,150 6.03% Paul Householder 11,112,535 94.15% 690,006 5.85% Corrine Ricard 11,119,912 94.22% 682,629 5.78% Mary Shafer-Malicki 7,099,816 60.15% 4,702,725 39.85% In addition, all other resolutions presented at the meeting were approved by AGI's shareholders, including the appointment of Ernst & Young LLP as auditors and the acceptance, on a non-binding advisory basis, of AGI's approach to executive compensation. Detailed voting results for all resolutions will be posted under AGI's profile at Company Profile AGI is a provider of the equipment and solutions required to support the efficient storage, transport, and processing of food globally. AGI has manufacturing facilities in Canada, the United States, Brazil, India, France, and Italy and distributes its product worldwide.
National Post
13-05-2025
- Business
- National Post
Inovalis Real Estate Investment Trust Announces Voting Results at 2025 Annual General Meeting
Article content TORONTO — Inovalis Real Estate Investment Trust (the 'REIT') (TSX: today announced that each of the five individuals nominated for election as a trustee of the REIT at the REIT's Annual General Meeting of Unitholders held on May 13, 2025 was elected. Voting results for the individual trustees of the REIT are as follows: Article content Article content NOMINEES FOR % WITHHELD % Michael Bonneveld 4,380,531 78.7% 1,182,556 21.3% Jean-Daniel Cohen 5,156,782 92.7% 406,305 7.3% Marc Manasterski 4,373,613 78.6% 1,189,474 21.4% Laetitia Pacaud 5,152,876 92.6% 410,211 7.4% Robert Waxman 4,379,964 78.7% 1,183,123 21.3% Article content The resolution to appoint Ernst & Young (France) as auditors of the REIT for the ensuing year and authorizing the trustees to fix the remuneration to be paid to the auditors was approved by 83.2% of the votes. Article content The resolution ratifying and approving the REIT's amended and restated Deferred Unit Plan was approved by 94.7% of the votes. Article content The resolution to confirm the rights plan of the REIT was approved by 94.1% of the votes. Article content About Inovalis REIT Article content Inovalis REIT is a real estate investment trust listed on the Toronto Stock Exchange in Canada. It was founded in 2013 by Inovalis and invests in office properties in primary markets of France, Germany and Spain. It holds 12 assets. Inovalis REIT acquires (indirectly) real estate properties via CanCorpEurope, authorized Alternative Investment Fund (AIF) by the CSSF in Luxemburg, and managed by Inovalis S.A. Article content About Inovalis Group Article content Inovalis S.A. is a French Alternative Investment fund manager, authorized by the French Securities and Markets Authority (AMF) under AIFM laws. Inovalis S.A. and its subsidiaries (Advenis S.A., Advenis REIM) invest in and manage Real Estate Investment Trusts such as Inovalis REIT, open ended funds (SCPI) with stable real estate focus such as Eurovalys (for Germany) and Elialys (Southern Europe), Private Thematic Funds raised with Inovalis partners to invest in defined real estate strategies and direct Co-investments on specific assets. Article content Inovalis Group ( founded in 1998 by Inovalis SA, is an established pan European real estate investment player with EUR 7 billion of AuM and with offices in all the world's major financial and economic centers in Paris, Luxembourg, Madrid, Frankfurt, Toronto and Dubai. The group is comprised of 300 professionals, providing Advisory, Fund, Asset and Property Management services in Real Estate as well as Wealth Management services. Article content Article content Article content Article content For further information, please contact: Article content Article content Article content
