27 Sep 2018 14:29
27 September 2018
Press Release
FFI Holdings PLC
("FFI" or the "Group")
Result of AGM
FFI Holdings PLC (AIM: FFI), a world-leading provider in the provision of diversified services across the entertainment industry, announces that at its Annual General Meeting held yesterday that all resolutions contained within the Notice of AGM dated 31 August 2018 were duly passed by shareholders. The total number of ordinary shares in issue is 157,820,243.
A summary of the votes received for each resolution are as follows:
| Resolution | For/ Discretion |
% |
Against |
% |
Total | Vote Withheld* |
| 1. To receive the Annual Report and Accounts | 29,319,009 | 79.92 | 7,367,083 | 20.08 | 36,686,092 | 0 |
| 2. To re-appoint Julian Bartlett as a director | 36,586,092 | 99.73 | 100,000 | 0.27 | 36,686,092 | 0 |
| 3. To re-appoint Stephen Argent as a director | 36,586,092 | 99.73 | 100,000 | 0.27 | 36,686,092 | 0 |
| 4. To re-appoint Simon Ingram as a director | 36,586,092 | 99.73 | 100,000 | 0.27 | 36,686,092 | 0 |
| 5. To re-appoint James Terlizzi as a director | 36,586,092 | 99.73 | 100,000 | 0.27 | 36,686,092 | 0 |
| 6. To re-appoint Timothy Trankina as a director | 36,586,092 | 99.73 | 100,000 | 0.27 | 36,686,092 | 0 |
| 7. To re-elect Antony Mitchell as a director | 36,586,092 | 99.73 | 100,000 | 0.27 | 36,686,092 | 0 |
| 8. To re-elect Steven Ransohoff as a director | 36,586,092 | 99.73 | 100,000 | 0.27 | 36,686,092 | 0 |
| 9. To re-appoint RSM UK Audit LLP as auditors | 36,586,092 | 100 | 0 | 0.00 | 36,686,092 | 100,000 |
| 10. To authorise the Audit Committee to determine the remuneration of the auditors | 36,686,092 | 100 | 0 | 0.00 | 36,686,092 | 0 |
| 11. To authorise the Directors to allot shares in the Company | 36,586,092 | 99.73 | 100,000 | 0.27 | 36,686,092 | 0 |
| 12. To authorise political donations | 36,580,339 | 99.71 | 105,753 | 0.29 | 36,686,092 | 0 |
| 13. To authorise the Directors to disapply pre-emption rights | 36,586,092 | 99.73 | 100,000 | 0.27 | 36,686,092 | 0 |
| 14. To authorise the Directors to disapply pre-emption rights for acquisitions and other capital investment | 36,586,092 | 99.73 | 100,000 | 0.27 | 36,686,092 | 0 |
| 15. To authorise the Directors to purchase its own shares | 36,686,092 | 100 | 0 | 0.00 | 36,686,092 | 0 |
*A 'vote withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'for' and 'against' a resolution.
ENQUIRIES:
FFI Holdings PLC
David Sasso, Head of Investor Relations Tel: +1 1 310 275 7323
Hawthorn Advisors
Victoria Ainsworth Tel: +44 (0)20 3745 3815
Liberum (Nominated Adviser and Corporate Broker)
Steve Pearce / Joshua Hughes Tel: +44 (0) 3100 2000
NOTES TO EDITORS
About FFI Holdings PLC
FFI Holdings PLC is the holding company of Film Finances Inc., a leading provider of diversified services across the entertainment industry. FFI was formerly focused on completion contracts to the entertainment industry, and over successive decades, has now grown globally to become a trusted, iconic brand at the centre of the film industry.
Founded in the 1950s, FFI soon established itself as the world leader in completion guarantees to the entertainment industry, offering assurance to financiers that productions will be completed on time and on budget. These guarantees serve to offload risks to production budgets and timelines for financiers, as well as for FFI through long-standing insurance relationships.
FFI listed on the AIM market in June 2017 and has diversified its business beyond completion contracts to provide services across the broader entertainment landscape. These include pre- and post-production services, general risk insurance, content investment and content distribution. FFI is also present in China, where it provides a growing range of entertainment-related services including completion contracts to the domestic film making industry.
Headquartered in Los Angeles, USA, FFI has 11 offices globally, including in London, Stockholm, Toronto, New York, Cape Town, Cologne and Shanghai.