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Notice of Annual General Meeting 2021

Auckland Thoroughbred Racing INC - Notice of Annual General Meeting

Horses racing at Ellerslie

Notice is hereby given that the Annual General Meeting of Auckland Thoroughbred Racing Inc. (ATR) will be held on the second floor of the Ascot Stand, Ellerslie Racecourse, 100 Ascot Avenue, Remuera, Auckland, New Zealand, on Tuesday 26th October 2021 commencing at 4.30pm.


BUSINESS

  1. To receive the Board’s Report and Statement of Accounts

  2. Proposed motion

Notice is hereby given pursuant to Rule 21.1 of the Club’s Rules that at the Annual General Meeting of the Club to be held on Tuesday 26th October 2021, Mr G Vazey will move the motion set out below.

Motion: That in accordance with Rule 24.6 a sum of $280k be approved to be paid to the Board annually as Directors’ fees. [24.6] The Members in general meeting may vote on a resolution to approve from time to time an aggregate lump sum to be paid to the Board annually as Directors’ fees. Where payment of such an annual aggregate lump sum is approved by Members then:

  • it will be allocated annually among some or all of the Directors as the Board may decide from time to time; and

  • it will apply annually until the Members in general meeting pass a resolution to revoke or vary their approval.

The Board of Directors intend to hold an in-person annual general meeting as set out in this Notice of Meeting. However, if the Board of Directors determine that it would be appropriate for the Annual General Meeting to be held via virtual video software and not in-person due to ongoing developments in the Government response to COVID-19 (including alert level restrictions) and to ensure members’ health and safety, a further notice will be sent to members via email and will also be made available online here closer to the time. That notice will include details for a virtual meeting which will be held at the same time and date.



Paul Wilcox Chief Executive Auckland Thoroughbred Racing Inc.

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