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Difficulty with special proxy vote

  • ws
  • 13/10/08 31/05/09
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Posted: Fri, 03/07/2009 - 05:42

I submitted the form to give special proxy to DST. But I received the following response from KSFIOM. A bit confused!
...........................................

We note that your special proxy, in favour of Robert Coates, states that you wish your vote to be cast in accordance with DAG strategy team instructions in all votes.

In accordance with legal advice we have received, it would appear that the instructions on the form are not sufficiently specific to be treated as a special proxy and we are therefore advised that in its current form this should be treated as a general proxy, in favour of Robert Coates. (ie. for the proxy holder to vote at his discretion).

If you wish to amend the proxy , please send the amended proxy to liquidation(?)singers [dot] co [dot] im or by fax to 44(0)1624 699 200 or +44(0)1624 699 202, no later than 12 noon on Friday, 3 July 2009. If you have any queries please do not hesitate to contact the helpline on +44 (0) 1624 699 340.

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Problem with special proxy form

  • Estes
  • 11/10/08 31/05/09
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  • Fri, 03/07/2009 - 05:59
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ws, I had the same email. We have to submit a General proxy instead. They won't accept a special proxy with the wording about, 'in accordance with DAG...etc.'. I have resent a general one by email and stated that it is to replace the previously sent special proxy form.


Hello, ws - re DAG Special Proxy e-mail

  • Hoping and coping
  • 16/10/08 31/07/10
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  • Fri, 03/07/2009 - 05:52
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Hello, ws. I did the same - gave Special Proxy as requested at the time by the DST. I have also received this message. It doesn't seem to be a problem - as I understand it, KSFIOM will simply regard us as having given General Proxy to Robert Coates. So unless you're unhappy with that then you don't need to do anything.

I alerted DAGVoting@googlemail to this, and there is a bit of a discussion about it buried deep - (currently) at the bottom - at http://chat.ksfiomdepositors.org/forum-topic/add-your-comments-mps-state...


Thanks

  • ws
  • 13/10/08 31/05/09
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  • Fri, 03/07/2009 - 06:06
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Thank-you for these quick and helpful responses.I had tried to search for previous discussion on this - but you were right buried deep!I