Last checked at 20 Dec 2019 11:50
For immediate release
20 December 2019
EUROPEAN METALS HOLDINGS LIMITED
Results of Annual General Meeting
In accordance with Listing Rule 3.13.2, the Board of European Metals Holdings Limited ("European Metals" or "the Company") (ASX & AIM: EMH) is pleased to announce that all the resolutions were passed by a show of hands at the Annual General Meeting, including approval of the proposed subscription of €34,061,265 by CEZ a.s. through its wholly-owned subsidiary SDAS, for 51% of Geomet s.r.o. the Company's wholly owned Czech subsidiary and the holder of the Cinovec licences.
The information required by section 251AA of the Corporations Act 2001 (Cth) in respect of each resolution passed by poll at the meeting is set out below.
Resolution Details | Instructions given to validly appointed proxies (as at proxy close date) | |||||
Resolution Type | For | Against | Abstain | Proxy Discretion | ||
1. Approve the subscription for shares in Geomet s.r.o. giving Severočeské doly a.s., fifty-one per cent. (51%) of the ownership interests and voting rights in Geomet s.r.o.
| Ordinary | 59,382,719 99.17% | - | - | 500,000 0.83% | |
2. Approve the re-election of Director - Mr Kiran Morzaria.
| Ordinary | 56,772,299 94.81% | 2,610,420 4.36% | - | 500,000 0.83%
| |
3. Ratify the prior issue of unlisted options to consultant.
| Ordinary | 59,382,719 99.17%
| - | - | 500,000 0.83% | |
4. Ratify the prior issue of CDIs - Placement.
| Ordinary | 59,382,719 99.17%
| - | - | 500,000 0.83% | |
5. Approve the 10% placement capacity.
| Special | 59,382,719 99.17%
| - | - | 500,000 0.83% | |
6(a) Approve the amendment of the Memorandum and Articles of Association.
| Ordinary | 59,382,719 99.17% | - | - | 500,000 0.83% | |
6(b) Authorise the Company's registered agent to file the amended and restated Memorandum and Articles of Association.
| Ordinary | 59,382,719 99.17% | - | - | 500,000 0.83% | |
Resolution Details | Number of votes cast on the poll (where applicable) | ||||
Resolution Type | For | Against | Abstain* | ||
1. Approve the subscription for shares in Geomet s.r.o. giving Severočeské doly a.s., fifty-one per cent. (51%) of the ownership interests and voting rights in Geomet s.r.o.
| Ordinary | 59,882,719 100% | - | - | |
2. Approve the re-election of Director - Mr Kiran Morzaria.
| Ordinary | 57,272,299 95.64% | 2,610,420 4.36% | - | |
3. Ratify the prior issue of unlisted options to consultant.
| Ordinary | 59,882,719 100% | - | - | |
4. Ratify the prior issue of CDIs - Placement.
| Ordinary | 59,882,719 100% | - | - | |
5. Approve the 10% placement capacity.
| Special | 59,882,719 100% | - | - | |
6(a) Approve the amendment of the Memorandum and Articles of Association.
| Ordinary | 59,882,719 100% | - | - | |
6(b) Authorise the Company's registered agent to file the amended and restated Memorandum and Articles of Association.
| Ordinary | 59,882,719 100% | - | - | |
ENQUIRIES:
European Metals Holdings Limited Keith Coughlan, Managing Director
Kiran Morzaria, Non-Executive Director
Julia Beckett, Company Secretary |
Tel: +61 (0) 419 996 333 Email: keith@europeanmet.com
Tel: +44 (0) 20 7440 0647
Tel: +61 (0) 8 6245 2050 Email: julia@europeanmet.com
|
Beaumont Cornish (Nomad & Broker) Michael Cornish Roland Cornish
| Tel: +44 (0) 20 7628 3396 Email: corpfin@b-cornish.co.uk |
Shard Capital (Joint Broker) Damon Health Erik Woolgar
| Tel: +44 (0) 20 7186 9950 |
Blytheweigh (Financial PR) Tim Blythe Megan Ray
| Tel: +44 (0) 20 7138 3222 |