Companies Ires Reit EGM: Margaret Sweeney to survive as shareholders back re-election of board

Preliminary results from the Ires Reit EGM indicate that the entire board, including Margaret Sweeney, the chief executive, will be re-elected. Shareholders in Ires Reit, Ireland’s largest private landlord, look to have voted down all of the proposals tabled by activist investor Vision Capital following a crucial emergency general meeting held in Dublin on Friday morning.

Preliminary results of proxy votes made by institutional investors indicate that shareholders in the Irish property company have voted to re-elect all members of the current company board, including chief executive Margaret Sweeney; Brian Fagan, the chief financial officer..

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