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BALTIC QUAY EGM Update
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Dear Baltic Quay Shareholder,

We hereby inform you that the Extraordinary General Meeting (EGM) announced in our first newsletter published on 18th August is to be held in the main atrium of Baltic Quay, 1 Sweden Gate, London SE16 7TG on 16th September at 7:30pm.

The EGM has been called in response to two requests recently received.

On 29 July 2015  Newton Jones submitted a request for an EGM signed by 16 shareholders. The resolutions propose continuing with Newton Jones as managing agent and removing two directors from the board.

Following the meeting on the 29 July, another group of shareholders submitted a request signed by 23 shareholders. The resolutions proposed a request that the board surveys the market by means of a tender process, which would be open to Newton Jones; in addition the request included a call for a review of the terms of service of our four porters.

The Directors hereby put the requested resolutions to the members. In addition, we have proposed a resolution to ratify the co-option of Thomas Bridge onto the Board.

The resolutions are as follows:

The Board's resolution

1: To confirm the appointment of Thomas Bridge as a Director of the Company.

Resolutions received from a group of 23 shareholders

2: In support of the best interests of shareholders, the Directors are instructed to survey the market and sign a contract with the agency that would provide the best value service to Baltic Quay, using criteria in line with current industry best practice and as soon as is reasonably practical.

3: In consideration of the contribution of reception staff to the environment of Baltic Quay the Directors are instructed to conduct a review of the terms of service of the company’s staff, and to then take a proposal to the shareholders for revised practices in human resource management.

 Resolutions received from a group of 16 shareholders

4: To remove Keith Duncan as a Director of the Company.

5: To remove Yvonne Kunihira-Davidson as a Director of the Company.

6: To confirm the continuance of Newton Jones Limited as the Managing Agents of the Company.

The Notice of the EGM and proxy form can be downloaded here.

Best wishes,

The Directors of Baltic Quay

Thomas Bridge
Yvonne Kunihira-Davidson
Keith Duncan (Chairman)
David Hubber
John Staines

Baltic Quay is an historic, award-winning building. The Directors are guardians of its past, present and future and perform their duties without recompense. As such, we are constantly looking for people to join the Board and lend their professional expertise in any way possible. If you would like to express an interest in playing a more active role within Baltic Quay - or indeed have any suggestions you wish to make - please reply to this newsletter or email directors@balticquay.london
 


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