Last checked at 11 Jun 2014 11:42
11 June 2014
FLYING BRANDS LIMITED
RESULT OF ANNUAL GENERAL MEETING
The Board of Flying Brands Limited (the "Company") is pleased to announce that at the Company's Annual General Meeting held on Wednesday 11 June 2014 (the "AGM") the resolutions as set out in the Notice of AGM were duly passed on a show of hands, save that resolution number 2 set out in the Notice of AGM was withdrawn as having been originally included in error.
The following levels of proxy appointments were received by the Company prior to the AGM:
Resolution | For | Against | Chairman's discretion (Note i) | Votes withheld | |||
Number of shares | % of total | Number of shares | % of total | Number of shares | % of total | ||
1. To receive and adopt the report and accounts
| 13,900,780 | 99.76 | 1.930 | 0.01 | 32,644 | 0.23 | 1,125,000 |
2. To approve the Remuneration Committee Report
| 14.974,987 | 99.44 | 52,521 | 0.35 | 31,704 | 0.21 | 1,142 |
3. To re-appoint Stephen Cook as a director
| 14,982,987 | 99.48 | 44,650 | 0.30 | 32,644 | 0.22 | 233 |
4. To re-appoint Deloitte LLP as auditor and to authorise the directors to determine their remuneration
| 15,022,759 | 99.75 | 4,808 | 0.03 | 32,554 | 0.22 | 233 |
5. Special Resolution - To authorise the directors to make market purchases of ordinary shares
| 15,018,463 | 99.73 | 6,065 | 0.04 | 35,010 | 0.23 | 816 |
6. Special Resolution - To authorise the directors to allot ordinary shares without rights of pre-emption | 12,314,128 | 81.77 | 2,711,167 | 18.00 | 34,010 | 0.23 | 1,049 |
Notes:
(i) Proxy appointments which gave discretion to the Chairman have been cast in favour of each resolution.
(ii) Issued share capital at 11 June 2014: 28,073,735 ordinary shares. Proxy appointments were received from shareholders holding the number of shares shown below, in each case representing the percentage of the issued share capital shown alongside:
Resolution 1 | 15,060,354 | 53.65% |
Resolution 2 | 15,060,354 | 53.65% |
Resolution 3 | 15,060,354 | 53.65% |
Resolution 4 | 15,060,354 | 53.65% |
Resolution 5 | 15,060,354 | 53.65% |
Resolution 6 | 15,060,354 | 53.65% |
(iii) A "Vote Withheld" is not counted towards the votes cast "For" or "Against" the resolutions.
For further information, please contact:
Smithfield Consultants 020 7360 4900
John Kiely