Letter: Proxy behaviour

From Mr T. J. Cramb

Sir: I have just had a letter from Sir Colin Southgate, chairman of Powergen. He thanks me for my support as a shareholder for his proposal to merge with Midlands Electricity which, he reports, was approved unanimously at the Extra General Meeting in October.

In fact his thanks are misguided, as I gave him my proxy to vote against the motion. Consequently his assertion that he received complete support was at best misleading, or else he did not register my negative vote.

How many others were likewise disenfranchised?

Yours faithfully,

T. J. Cramb

Wolsingham, Co Durham

19 December