Last checked at 24 Apr 2018 13:14
24 April 2018
GlobalData Plc
(the "Company")
Result of General Meeting and Annual General Meeting
On 29 March 2018, the Company announced that it had conditionally agreed to acquire the entire issued share capital of Research Views Limited, a company controlled by Mike Danson and Wayne Lloyd (and other minority shareholders). The announcement stated that completion of the Acquisition was conditional upon resolutions 1 and 2 being passed at the General Meeting and Admission.
The Company is pleased to announce that all of the resolutions put to Shareholders at the General Meeting and Annual General Meeting, both of which took place earlier today, were duly passed.
A summary of the votes lodged by proxy at the General Meeting is set out below:
Resolution | In Favour | Against | Number of votes withheld | Total votes cast | |||
Number of votes | % | Number of votes | % | ||||
1 | To approve the Acquisition Agreement | 93,418,781 | 99.98 | 140 | 0.01 | 491,680 | 93,910,741 |
2 | To authorise the directors to allot up to 15,957,447 new Ordinary Shares in connection with the Acquisition | 93,418,635 | 99.98 | 286 | 0.01 | 491,680 | 93,910,741 |
3 | To authorise the Directors to allot shares pursuant to Section 551 of the Companies Act 2006 | 93,414,015 | 99.98 | 4,906 | 0.01 | 491,680 | 93,910,741 |
4* | To disapply Section 561 of the Companies Act 2006 in relation to certain allotments of equity securities and the sale of treasury shares | 93,414,015 | 99.98 | 4,906 | 0.01 | 491,680 | 93,910,741 |
5* | To authorise the Company generally to make market purchases in accordance with Section 701 of the Companies Act 2006 | 93,910,461 | 99.98 | 140 | 0.01 | 0 | 93,910,741 |
*Special Resolution
A summary of the votes lodged by proxy at the Annual General Meeting is set out below:
Resolution | In Favour | Against | Number of votes withheld | Total votes cast | |||
Number of votes | % | Number of votes | % | ||||
1 | To receive the directors' report and accounts for the financial year ended 31 December 2017 and the auditors' report on the accounts | 93,907,671 | 100 | 0 | 0 | 0 | 93,907,671 |
2 | To declare a final dividend of 5.0 pence per ordinary share | 93,907,671 | 100 | 0 | 0 | 0 | 93,907,671 |
3 | To re-appoint Bernard Cragg as a director of the Company | 93,903,051 | 99.99 | 4,620 | 0.01 | 0 | 93,907,671 |
4 | To re-appoint Michael Danson as a director of the Company | 93,907,671 | 100 | 0 | 0 | 0 | 93,907,671 |
5 | To re-appoint Graham Lilley as a director of the Company | 93,903,051 | 99.99 | 4,620 | 0.01 | 0 | 93,907,671 |
6 | To re-appoint Annette Barnes as a director of the Company | 93,903,051 | 99.99 | 4,620 | 0.01 | 0 | 93,907,671 |
7 | To re-appoint Andrew Day as a director of the Company | 93,903,051 | 99.99 | 4,620 | 0.01 | 0 | 93,907,671 |
8 | To reappoint Peter Harkness as a director of the Company | 93,390,796 | 99.99 | 4,620 | 0.01 | 512,255 | 93,907,671 |
9 | To re-appoint Murray Legg as a director of the Company | 93,903,051 | 99.99 | 4,620 | 0.01 | 0 | 93,907,671 |
10 | To re-appoint Grant Thornton as auditors of the Company | 93,907,531 | 99.99 | 140 | 0.01 | 0 | 93,907,671 |
11 | To authorise the Audit Committee to determine the remuneration of the auditors | 93,907,531 | 99.99 | 140 | 0.01 | 0 | 93,907,671 |
Notes:
· a vote withheld is not a vote in law and does not count in the total of votes cast.
· any proxy appointments which gave discretion to the chairman of the meeting have been included in the 'For' total.
· the issued share capital of the Company eligible to vote on the Resolutions was 102,156,422 Ordinary Shares of 1/14 pence each.
Completion of the Acquisition remains conditional upon Admission.
Application has been made to the London Stock Exchange for the 15,957,447 new Ordinary Shares to be admitted to trading on AIM. It is expected that Admission will become effective and dealings in the new Ordinary Shares on AIM will commence at 8.00 a.m. on 25 April 2018. On Admission, the Acquisition will be automatically completed.
Total Voting Rights
Following Admission, the Company will have 118,303,869 Ordinary Shares in issue with 190,000 Ordinary Shares in treasury. Therefore the total number of voting rights in the Company will be 118,113,869; this figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change of interest in, the share capital of the Company.
Capitalised terms used but not defined in this announcement have the meanings set out in the circular dated 29 March 2018. Any changes to the expected date of Completion and Admission will be notified by the Company through a further announcement.
GlobalData Plc Bernard Cragg, Executive Chairman Graham Lilley, Chief Financial Officer
| 0207 936 6400
|
N+1 Singer James Maxwell James White
| 0207 496 3000
|
Hudson Sandler Nick Lyon
| 0207 796 4133
|