Last checked at 20 Nov 2020 12:45
ANNOUNCEMENT | 20 November 2020 |
RESULTS OF ANNUAL GENERAL MEETING
The Directors of MC Mining Limited (the "Company" or "MC Mining") are pleased to announce that at the Annual General Meeting of Shareholders held earlier today, the resolutions put to the meeting were passed unanimously by a show of hands.
In accordance with Australian Stock Exchange Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act 2001, the Company hereby provides the following information on proxy votes received for each resolution:
For | Against | Proxy Discretion | Abstain | Excluded | |
Resolution 1: Adoption of Remuneration Report | 60,825,522 | 55,581 | 920 | 13,251,671 | - |
Resolution 2: Re-election of Director - Andrew Mifflin | 73,916,292 | 1,993 | 920 | 214,489 | - |
Resolution 3: Re-election of Director - An Chee Sin | 73,916,292 | 2,164 | 920 | 214,489 | - |
Resolution 4: Election of Director - Zhen He | 73,916,292 | 2,164 | 920 | 214,489 | - |
Resolution 5: Grant of Performance Rights to Director - Brenda Berlin | 67,184,499 | 3,426 | 770 | 6,944,999 | - |
Resolution 6: Grant of Additional Performance Rights to Director - Brenda Berlin | 67,178,173 | 9,697 | 770 | 6,945,054 | - |
Resolution 7: Ratification of Shares issued in preceding 12-month period | 73,676,165 | 8,777 | 770 | 447,982 | - |
Resolution 8: Ratification of Shares issued in preceding 12 month period | Resolution withdrawn on 9 November 2020 | ||||
Resolution 9: Approval of issue of Shares | Resolution withdrawn on 9 November 2020 | ||||
Special Resolution 10: Approval of 10% Placement Capacity | 67,362,167 | 6,555,063 | 920 | 215,544 | - |
AUTHORISED BY:
Tony Bevan
Company Secretary
This announcement has been approved by the Company's Disclosure Committee.
This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
For more information contact: | |||
Brenda Berlin | Acting Chief Executive Officer | MC Mining Limited | +27 10 003 8000 |
Tony Bevan | Company Secretary | Endeavour Corporate Services | +61 08 9316 9100 |
Company advisors: | |||
James Harris / James Dance | Nominated Adviser | Strand Hanson Limited
| +44 20 7409 3494 |
Rory Scott | Broker (AIM) | Mirabaud Securities Limited | +44 20 3167 7220 |
James Duncan | Financial PR (South Africa) | R&A Strategic Communications | +27 11 880 3924 |
Investec Bank Limited is the nominated JSE Sponsor | |||
About MC Mining:
MC Mining is an AIM/ASX/JSE-listed coal exploration, development and mining company operating in South Africa. The Company's key projects include the Uitkomst Colliery (metallurgical coal), Makhado Project (hard coking coal). Vele Colliery (semi-soft coking coal), and the Greater Soutpansberg Projects (coking and thermal coal).