Members of Agents’ Mutual have voted 89% in favour of demutualisation, with only 11% against.
The vote will introduce a new parent company in preparation for an IPO on the AIM stockmarket.
The size of the vote has not as yet been revealed.
A court hearing to sanction the members’ scheme is scheduled for Monday. It is expected that should the court sanction the members scheme, it will become effective the following day .