Aviva £450m preference shares cancellation gets shareholder green light

Excluding votes withheld, 91.3% of Aviva preference shareholders voted in favour of cancelling the shares in an advisory vote. General Accident preference shareholders were 94.6% in favour, according to a result of meeting update published this afternoon (15 April). A cancellation resolution, voted on by both preference shareholders and ordinary shareholders, saw 97.5% vote in favour in Aviva's case and 99.9% in General Accident's case. Aviva ordinary shareholders also voted to pass a special dividend resolution, which related to a special dividend and a voting fee, with 99.8% support...