Last checked at 31 Dec 2019 10:24
31 December 2019
Iconic Labs Plc ("Iconic Labs" or the "Company")
Results of AGM
Iconic Labs plc (AIM: ICON), a multi-divisional new media and technology business, advises that it held its Annual General Meeting ("AGM") yesterday.
All resolutions were duly passed on a poll vote, with the sole exception of resolution 11, which was a special resolution requiring a 75% vote in favour and which was not passed (empowering Directors to allot shares for cash without first offering them to existing shareholders on a pro-rata basis). Resolution 4 was withdrawn. Details of the proxy voting are shown in the table below.
Ordinary resolutions | Votes For | % | Votes Against | % | Votes Total | Votes Withheld |
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1 Annual report and accounts | 236,777,016 | 91% | 2,373,736 | 1% | 259,450,389 | 20,299,637 |
2 Directors' remuneration report | 234,021,286 | 90% | 5,129,466 | 2% | 259,450,389 | 20,299,637 |
3 Directors' remuneration policy | 228,408,825 | 88% | 10,741,927 | 4% | 259,450,389 | 20,299,637 |
4 Reappointment of directors (David Sefton) | Resolution withdrawn | |||||
5 Reappointment of directors (John Quinlan) | 236,335,124 | 91% | 2,815,628 | 1% | 259,450,389 | 20,299,637 |
6 Reappointment of directors (Liam Harrington) | 236,335,124 | 91% | 2,815,628 | 1% | 259,450,389 | 20,299,637 |
7 Reappointment of directors (Sam Asante) | 236,335,124 | 91% | 2,815,628 | 1% | 259,450,389 | 20,299,637 |
8 Re-appointment of auditors | 236,777,016 | 91% | 2,373,736 | 1% | 259,450,389 | 20,299,637 |
9 Remuneration of auditors | 236,777,016 | 91% | 2,373,736 | 1% | 259,450,389 | 20,299,637 |
10 Directors' authority to allot shares on a pro-rata basis | 144,572,663 | 56% | 114,877,726 | 44% | 259,450,389 | - |
Special Resolutions |
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11 Empowering the directors' to disapply statutory pre-emption rights | 143,958,825 | 55% | 115,491,564 | 45% | 259,450,389 | - |
12 Purchase by the Company of its own shares | 229,164,555 | 88% | 10,036,197 | 4% | 259,450,389 | 20,299,637 |
The full text of each of the resolutions is set out in the Notice of AGM, available on the Company's website (www.iconiclabs.co.uk)
Market Abuse Regulation (MAR) Disclosure - Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
**ENDS**
For further information, please visit the Company's website www.iconiclabs.co.uk or contact:
John Quinlan | Iconic Labs Plc | c/o SBP Tel: +44 (0) 20 7236 1177 |
Damon Heath | Shard Capital Partners LLP | Tel: +44 (0) 20 7186 9950 |
Hugo de Salis | St Brides Partners Limited | Tel: +44 (0) 20 7236 1177 |
David Penson | St Brides Partners Limited | Tel: +44 (0) 20 7236 1177 |