26 Jul 2018 12:30
Results of Annual General Meeting 2018
Avocet Mining Plc ("Avocet" or the "Company") confirms that all resolutions at the Annual General Meeting of its shareholders, held on 26 July 2017, were carried as proposed. The final proxy voting figures for the meeting are shown in the table below:
Resolution | Votes fora | Votes for % | Votes against | Votes against % | Votes validly cast | Votes cast as % of shares with voting rightsc | Votes withheldb | |
Ordinary Resolutions | ||||||||
1 | Receipt of reports and financial statements for the year ended 31 Dec 2017 | 2,283,892 | 99.35% | 14,838 | 0.65% | 2,295,938 | 10.97% | 0 |
2 | Receipt of Directors' remuneration report for the year ended 31 Dec 2017 | 2,260,684 | 98.36% | 37,646 | 1.64% | 2,310,870 | 10.97% | 400 |
3 | Re-appointment of B J Rourke as Director | 2,275,916 | 99.56% | 10,012 | 0.44% | 2,283,836 | 10.91% | 12,802 |
4 | Re-appointment of B Wentink as Director | 2,275,916 | 99.56% | 10,012 | 0.44% | 2,283,836 | 10.91% | 12,802 |
5 | Re-appointment of Grant Thornton UK LLP as auditors of the Company | 2,276,766 | 99.56% | 10,012 | 0.44% | 2,284,086 | 10.92% | 11,952 |
6 | Authority to determine the auditors' remuneration | 2,288,830 | 98.94% | 9,900 | 0.44% | 2,296,038 | 10.97% | 0 |
7 | Authority to allot shares (s551 Co Act 2006) | 2,275,279 | 99.56% | 22,836 | 0.99% | 2,296,023 | 10.97% | 615 |
Special Resolutions | ||||||||
8 | Authority to disapply pre-emption rights up to 5% of share capital | 2,274,924 | 99.51% | 11,126 | 0.49% | 2,283,958 | 10.91% | 12,680 |
9 | Authority to purchase own shares up to 10% of share capital | 2,297,802 | 99.99% | 228 | 0.01% | 2,295,938 | 10.97% | 600 |
10 | Call General Meeting with less than 21 days' notice | 2,288,102 | 99.56% | 9,900 | 0.44% | 2,295,910 | 10.97% | 728 |
Notes
a) "Votes for" includes those votes giving discretion to the Chairman
b) "Votes withheld" do not count toward votes cast "for" or "against" a resolution
c) As at 26 July 2018, the Company had 20,949,671 ordinary shares in issue
In accordance with the Listing Rule 9.6.2, a copy of the Special Resolutions passed at these meetings has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.
Unless the context otherwise requires, capitalised terms used in this announcement shall have the meanings given to them in the Notices of Meeting dated 6 June 2018.
FOR FURTHER INFORMATION PLEASE CONTACT
Avocet Mining PLC | Blytheweigh Financial PR |
Boudewijn Wentink, CEO Yolanda Bolleurs, CFO | Tim Blythe Camilla Horsfall Megan Ray
|
+44 20 3709 2570 | +44 207 138 3204 |
NOTES TO EDITORS
Avocet Mining PLC ("Avocet" or the "Company") is a gold mining and exploration company listed on the London Stock Exchange (ticker: AVM.L) and the Oslo Børs (ticker: AVM.OL). The Company's principal activity is gold exploration in Guinea, West Africa: the Tri-K project.