Source: Sharecast
The London-listed firm said that while all resolutions were passed, it had engaged with shareholders to understand the opposition to resolution five, which centred on board composition and diversity.
Shareholders specifically raised concerns over the company’s failure to meet Financial Conduct Authority (FCA) gender and diversity targets, with the board currently comprising one female chair and three male non-executive directors.
Artemis said that all directors were appointed based on their skills, experience and knowledge, and that the limited size of the board constrained options for meeting diversity thresholds.
Following shareholder consultation, the board concluded that the current composition remained in the best interests of the company and its investors, with the company considering the matter closed.
At 1135 BST, shares in Artemis UK Future Leaders were up 1.06% at 384p.
Reporting by Josh White for Sharecast.com.