Each year we hold an Annual General Meeting (AGM) to engage with our members about the performance and future of Police & Nurses Limited.
The AGM of Police & Nurses Limited (ACN 087 651 876) is usually held in October.
The location for the AGM is chosen each year with a view to giving members a fair chance to participate. A view-only webcast is also usually made available for members who cannot attend the meeting.
Information relating to upcoming and past AGMs can be found below.
The Annual General Meeting of Police & Nurses Limited (ACN 087 651 876) was held on Tuesday 29 October at 12pm AWST (3pm AEDT and 2pm AEST).
There were no resolutions in the Notice of Meeting that required a member vote this year.
- Notice of Meeting
- 2024 Police & Nurses Limited Annual Report – concise Financial Report
- 2024 Police & Nurses Limited Annual Report – full Financial Report
- Minutes of the 2023 Annual General Meeting
The minutes of the 2024 Annual General Meeting will be made available once they have been finalised.
Police & Nurses Limited encourages our members to receive documents electronically which is quicker and has less impact on the environment.
Members have the right to elect whether and how they would like to receive documents such as Annual Reports and Notices of Meeting, as follows:
- members can make a standing election to receive any or all of the documents in physical or electronic form;
- members can make a one-off request to receive any or all of the documents in physical or electronic form; and members can elect not to be sent the Annual Report.
Elections and requests should be made by notifying us by email or calling 1300 228 228.
Unless stated otherwise, the documents in respect of which elections and requests can be made include:
- documents relating to a meeting of members, such as notices of meeting and proxy forms;
- the Annual Report (comprising the annual financial report, directors’ report and auditor’s report);
- a notice of members’ rights under section 110K of the Corporations Act 2001 (Cth) (Corporations Act), unless the notice is made available on our website; and
- any other documents prescribed by relevant regulations.
Following the passing of the Corporations Amendment (Meetings and Documents) Act 2022 in February 2022, Police & Nurses Limited will now issue notices of annual and general meetings electronically where a member has provided a valid email address and has not made an election to receive a paper copy of these documents.
The above information constitutes the notice of Police & Nurses Limited pursuant to section 110K of the Corporations Act.
The Annual General Meeting of Police & Nurses Limited (ACN 087 651 876) was held on Tuesday 29 October at 12pm AWST (3pm AEDT and 2pm AEST).
There were no resolutions in the Notice of Meeting that required a member vote this year.
- Notice of Meeting
- 2024 Police & Nurses Limited Annual Report – concise Financial Report
- 2024 Police & Nurses Limited Annual Report – full Financial Report
- Minutes of the 2023 Annual General Meeting
The minutes of the 2024 Annual General Meeting will be made available once they have been finalised.
Police & Nurses Limited encourages our members to receive documents electronically which is quicker and has less impact on the environment.
Members have the right to elect whether and how they would like to receive documents such as Annual Reports and Notices of Meeting, as follows:
- members can make a standing election to receive any or all of the documents in physical or electronic form;
- members can make a one-off request to receive any or all of the documents in physical or electronic form; and members can elect not to be sent the Annual Report.
Elections and requests should be made by notifying us by email or calling 1300 228 228.
Unless stated otherwise, the documents in respect of which elections and requests can be made include:
- documents relating to a meeting of members, such as notices of meeting and proxy forms;
- the Annual Report (comprising the annual financial report, directors’ report and auditor’s report);
- a notice of members’ rights under section 110K of the Corporations Act 2001 (Cth) (Corporations Act), unless the notice is made available on our website; and
- any other documents prescribed by relevant regulations.
Following the passing of the Corporations Amendment (Meetings and Documents) Act 2022 in February 2022, Police & Nurses Limited will now issue notices of annual and general meetings electronically where a member has provided a valid email address and has not made an election to receive a paper copy of these documents.
The above information constitutes the notice of Police & Nurses Limited pursuant to section 110K of the Corporations Act.
Previous AGM information
Notice of Meeting - PDF (74 kB)
AGM results
The Annual General Meeting of Police & Nurses Limited (ACN 087 651 876) was held on Tuesday 24 October at 12pm AWST (3pm AEDT and 2pm AEST).
The results of the meeting were as follows:
- Resolution 1: Election of Director; Re-election of Mr Gary Humphreys
CARRIED - 91.48% FOR | 8.52% AGAINST - Resolution 2: Directors’ Remuneration; Increase of 4% to Director remuneration pool
CARRIED - 53.42% FOR | 46.58% AGAINST
Notice of meeting - PDF (187 kB)
AGM results
The Annual General Meeting of Police & Nurses Limited (ACN 087 651 876) was held on Wednesday 26 October 2022 at 3pm AEDT (12pm AWST and 2pm AEST).
The results of the meeting were as follows:
- Resolution 1(a): Election of Director; Re-election of Mr Trevor Hunt
CARRIED - 91.07% FOR | 8.93% AGAINST - Resolution 1(a): Election of Director; Election of Mr Monish Paul
CARRIED - 85.82% FOR | 14.18% AGAINST - Resolution 2(a): Constitutional amendments; Governance updates
CARRIED - 92.52% FOR | 7.48% AGAINST - Resolution 2(b): Constitutional amendments; Board composition
CARRIED - 89.64% FOR | 10.36% AGAINST - Resolution 2(c): Constitutional amendments; 3 months membership eligibility requirement for Member Elected Directors
CARRIED - 90.60% FOR | 9.40% AGAINST - Resolution 2(d): Constitutional amendments; Cancellation of membership for cause
CARRIED - 89.29% FOR | 10.71% AGAINST - Resolution 3: Directors’ Remuneration; Increase of 3% to Director remuneration pool
CARRIED - 58.77% FOR | 41.23% AGAINST
Notice of meeting - PDF (235kB)
AGM results
The Annual General Meeting of Police & Nurses Limited (ACN 087 651 876) was held on Wednesday 27 October 2021 at 3pm AEDT (12pm AWST and 2pm AEST).
The results of the meeting were as follows:
- Resolution 1: Election of Director; re-election of Ms Louise Clarke
CARRIED - 93.04% FOR | 6.96% AGAINST - Resolution 2: Changes to the Constitution; to clarify MCI (Mutual Capital Instrument) provisions, consistent with the Company’s ongoing commitment to the Principles of Mutuality
CARRIED - 93.93% FOR | 6.07% AGAINST - Resolution 3: Directors’ Remuneration; to increase the aggregate director remuneration pool to $747,572, in alignment with market data, and following three years without change
CARRIED - 61.58% FOR | 38.42% AGAINST
Notice of meeting - PDF (278 kB)
AGM results
Following the Annual General Meeting of the members of Police & Nurses Limited (ACN 087 651 876) held on Wednesday 18 November 2020, we are pleased to share the following results from the five resolutions put to members.
For an amendment to the Constitution to be passed, at least 75% of the votes cast by members entitled to vote must be in favour of the proposed resolution.
- Resolution 1 - Amendment of the Constitution to allow the issue of Mutual Capital Instruments
CARRIED - 85.29% FOR | 14.71% AGAINST - Resolution 2 - Amendment of the Constitution to allow redemption of a member share without notice
NOT CARRIED - 73.77% FOR | 26.23% AGAINST - Resolution 3 - Amendment of the Constitution to require advance notice of certain adjournment motions
CARRIED - 90.39% FOR | 9.61% AGAINST - Resolution 4 - Amendment of the Constitution to promote election of directors with relevant skills, experience and competencies
CARRIED - 92.84% FOR | 7.16% AGAINST - Resolution 5 - Change of Auditor
CARRIED - 85.09% FOR | 14.91% AGAINST