Yellow Brick Road shareholders backed a resolution at an extraordinary general meeting yesterday to remove the company from the ASX official list. More than 89 per cent of shares voted were in favour. Since announcing plans to delist last month, the company has completed a buyback of small shareholdings and issued 3.5 million new shares to larger shareholders in a share purchase plan. YBR has flagged the possibility of engaging a share trading service to facilitate periodic off-market share transactions but has not provided any further details on this proposal. The company will be removed from the official list on November 27. Westpac director Chris Lynch has announced he will not stand for re-election at the bank’s annual general meeting in December. Lynch, a former chief financial officer of BHP and Rio Tinto and former chief executive of Transurban, joined the Westpac board in 2020. He served on the board’s audit, remuneration and risk committees. Lynch’s announcement comes a week after the bank announced that Steven Gregg will replace John McFarlane as chair of the bank’s board.