Last checked at 12 Feb 2021 12:30
MINCON GROUP PLC
("Mincon" or the "Company")
Result of Extraordinary General Meeting
Mincon Group plc (ESM:MIO AIM:MCON), the Irish engineering group specialising in the design, manufacture, sale and servicing of rock drilling tools and associated products, announces that each of the resolutions proposed at the Extraordinary General Meeting of the Company, held earlier today, were passed.
The full text of each resolution was included in the Notice of Extraordinary General Meeting of the Company, circulated to shareholders on 15 January 2021. The resolutions relate to the replacement of CREST with Euroclear Bank for electronic settlement of trading in the ordinary shares of the Company.
Voting on the resolutions was conducted by poll, and the details of the poll vote are set out below:
| Votes for | % | Votes Against | % | Votes Total | % of ISC Voted | Votes Withheld |
Resolution 1: Shareholders Consent to the Migration | 182,566,279 | 100.00% | 1,965 | 0.00% | 182,568,244 | 86.25% | 0 |
Resolution 2: Approval and Adoption of New Articles of Association of the Company | 182,566,279 | 100.00% | 1,965 | 0.00% | 182,568,244 | 86.25% | 0 |
Resolution 3: to give effect to aspects of the Migration | 182,566,279 | 100.00% | 1,965 | 0.00% | 182,568,244 | 86.25% | 0 |
Notes
1. Any proxy appointments which gave discretion to the Chair have been included in the "votes for" total.
2. A "Vote Withheld" is not a valid vote in Irish law and was not counted in the calculation of the proportion of the votes "For" or "Against" a resolution.
Ends
12 February 2021
For further information please contact
Mincon Group plc
Joe Purcell - Chief Executive Officer Tel: +353 (61) 361 099 Mark McNamara - Chief Financial Officer
Davy Corporate Finance (Nominated Adviser and Euronext Growth Advisor)
Anthony Farrell Tel: +353 (1) 679 6363
Daragh O' Reilly