13 Jun 2018 17:12
13 June 2018
GBGI Limited ("GBGI" or the "Company")
Results of Annual General Meeting
The Company announces that at the Annual General Meeting ("AGM") of the Company held on 13 June 2018, Resolutions 1 to 17, contained in the Notice of AGM, were duly passed on a poll. Results of the polls were as follows:
Resolution (No. as noted on proxy form) | Votes for | Votes against | Votes withheld | ||
Votes | % votes cast | Votes | % votes cast | ||
Resolution 1 To receive and approve the Financial Statements for the year ended 31 December 2017. | 50,364,212 | 100.0 | 0
| 0 | 0 |
Resolution 2 To re-elect Mr Robert Dubrish as a Director | 50,364,212 | 100.0 | 0 | 0 | 0 |
Resolution 3 To re-elect Mr Eric Dickelman as a Director | 50,364,212 | 100.0 | 0 | 0 | 0 |
Resolution 4 To re-elect Mr Andrew Thorburn as a Director | 50,364,212 | 100.0 | 0 | 0 | 0 |
Resolution 5 To re-elect Mr David Gibson as a Director | 43,162,003
| 85.7 | 7,202,209 | 14.3 | 0 |
Resolution 6 To re-elect Mr Murray Wood as a Director | 50,364,212 | 100.0 | 0 | 0 | 0 |
Resolution 7 To re-elect Mr William Ward as a Director | 50,364,212 | 100.0 | 0 | 0 | 0 |
Resolution 8 To re-elect Ms Anne Gunther as a Director | 50,364,212 | 100.0 | 0 | 0 | 0 |
Resolution 9 To re-elect Mr Douglas Trussler as a Director | 50,364,212 | 100.0 | 0 | 0 | 0 |
Resolution 10 To re-appoint BDO USA, LLP as Auditor of the Company. | 50,364,212 | 100.0 | 0 | 0 | 0 |
Resolution 11 To authorise the Directors to determine the Auditor's Remuneration.
| 50,364,212 | 100.0 | 0 | 0 | 0 |
Resolution 12 THAT the directors be authorised to exercise all powers of the Company to make market acquisitions of ordinary shares in the capital of the Company upon the terms set out in Resolution 12 of the Notice of AGM.
| 50,364,212 | 100.0 | 0 | 0 | 0 |
Resolution 13 THAT, the directors be authorised to issue, or grant rights to subscribe for or to convert any security into up to 2,328,900 Ordinary Shares upon the terms set out in Resolution 13 of the Notice of AGM.
| 50,281,845 | 100.0 | 0 | 0 | 82,367 |
Resolution 14 THAT, the directors be generally and unconditionally authorised to exercise all powers of the Company to issue Ordinary Shares, or grant rights to subscribe for or to convert any security into Ordinary Shares ("Rights"): upon the terms set out in Resolution 14 of the Notice of AGM.
| 50,281,845 | 100.0 | 0 | 0 | 82,367 |
Resolution 15 THAT, the directors be generally and unconditionally authorised to exercise all powers of the Company to issue Ordinary Shares or grant Rights up to an amount of 10 per cent. of the issued share capital of the Company in pursuance of a share incentive scheme adopted by the Company, upon the terms set out in Resolution 15 of the Notice of AGM.
| 50,281,845 | 100.0 | 0 | 0 | 82,367 |
Resolution 16 THAT, the directors be authorised to issue Ordinary Shares and/or grant Rights wholly for cash or otherwise pursuant to the authorities conferred on the directors pursuant to Resolutions 13, 14 and 15 above as if the pre-emption provisions contained in the Articles did not apply upon the terms set out in Resolution 18 of the Notice of AGM. | 50,281,845 | 100.0 | 0 | 0 | 82,367 |
Resolution 17 THAT the Articles be amended so as to be replaced in their entirety with the form contained in the printed document attached to the Notice of AGM, with effect on and from 1 July 2018. | 43,079,636 | 85.7 | 7,202,209 | 14.3 | 82,367 |
Enquiries:
Canaccord Genuity (Nominated Adviser, Financial Adviser and Broker)
Sunil Duggal
Andrew Buchanan
Emma Gabriel
+44 (0)20 7523 8000
Instinctif Partners (Financial PR)
Giles Stewart or Lewis Hill
lewis.hill@instinctif.com
+44 20 7457 2020