Irish Continental Group’s Independent Board has determined that the Scheme Meetings and Extraordinary General Meeting scheduled for Aug. 28 should be adjourned to Sept. 10, after proxy votes received by Aug. 26 indicated that the scheme would not meet the 75% approval threshold required to become effective. The adjournment has Bluefin BidCo Limited’s written consent, and the chair intends to support it. The board cited shareholder requests for more time, difficulties casting votes within intermediary deadlines and a significant number of uncast ballots. Previously submitted voting instructions will remain valid for shareholders who do not wish to change them. The board continues to unanimously recommend the acquisition, which it considers fair and reasonable, and said ICG is not in discussions with any third party about a competing offer.