7 questions lodged at Sports Entertainment Group AGM
January 18, 2023
These 7 written questions were lodged during the Sports Entertainment Group 2022 hybrid AGM held on November 9 but were all ignored despite a message from the company during the zoom meeting that the questions would be answered later in the meeting, which only lasted 23 minutes with no shareholder questions. Very disappointing. Watch video via twitter of chair Craig Coleman prematurely closing the meeting. Emailed requested access to webcast archive on January 18.
1. We only have one female director, have few females in senior executive positions and have a reputation for being a bit blokey at times. Could the chair and our only female director comment on the lack of gender diversity at the top of our company.
2. Well done to Andrew Moffatt on getting 99.98% in favour. What percentage of our stock is owned by independent shareholders?
3. Could board candidate Colm O'Brien please say a few words about what skills he brings to the job.
4. Hutchy, I'll be asking online questions at tomorrow's Nine Entertainment Group AGM, the owner of Australia's biggest talk radio network. Any suggestions on questions I should throw at chairman Peter Costello? Is SEN taking enough ratings skin off Nine's 3AW?
5. Whilst News Corp still has a controlling stake in the Brisbane Broncos, isn't there a fundamental conflict when a media company starts owning professional sporting teams. What other examples are there of this around the world with public companies in the media broadcasting space?
6. The Tabcorp chairman Bruce Akhurst called for gambling advertising to be limited on television at their AGM two weeks ago. How much revenue do we get from gambling advertisers and what do we thing about Tabcorp's call? Also, are you pleased the "Gamble Responsibly" sign off has finally gone?
7. When disclosing the outcome of voting on all resolutions today, could you please advise the ASX how many shareholders voted for and against each item, similar to what happens with a scheme of arrangement? This will provide a better gauge of retail shareholder sentiment on all resolutions and was a disclosure initiative adopted by the likes of Metcash, Altium and Dexus last year and Webjet and Tabcorp so far this AGM season.
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