Last checked at 16 Jun 2020 07:00
Mirriad Advertising plc
16 JUNE 2020
Mirriad Advertising plc
("Mirriad", the "Company" or the "Group")
Approval of resolutions at AGM
Mirriad Advertising plc ('Mirriad'), the computer vision and AI platform company, announces that, on 15 June 2020, it held its annual general meeting of shareholders (the "Meeting"). During the business proceedings at the Meeting, Mirriad shareholders passed all resolutions as follows:
VOTES FOR | % | VOTES AGAINST | % | VOTES TOTAL (EX VOTES WITHHELD) | % of ISC VOTED | VOTES WITHELD | |
Resolution 1 - Receive Report and Accounts | 134,171,457 | 100.00 | 0 | 0.00 | 134,171,457 | 62.96 | 0 |
Resolution 2 - Approve Remuneration Report | 134,171,173 | 100.00 | 284 | 0.00 | 134,171,457 | 62.96 | 0 |
Resolution 3 - Re-appoint auditor | 134,171,457 | 100.00 | 0 | 0.00 | 134,171,457 | 62.96 | 0 |
Resolution 4 - Remuneration of auditor | 134,171,457 | 100.00 | 0 | 0.00 | 134,171,457 | 62.96 | 0 |
Resolution 5 - Elect Robert Head | 134,071,457 | 99.93 | 100,000 | 0.07 | 134,171,457 | 62.96 | 0 |
Resolution 6 - Re-elect Mark Reilly | 134,071,457 | 99.93 | 100,000 | 0.07 | 134,171,457 | 62.96 | 0 |
Resolution 7 - Re-elect Alistair Kilgour | 134,071,457 | 99.93 | 100,000 | 0.07 | 134,171,457 | 62.96 | 0 |
Resolution 8 - Authority to allot shares | 134,124,163 | 99.96 | 47,010 | 0.04 | 134,171,173 | 62.96 | 284 |
Resolution 9 - Allot equity securities | 134,124,163 | 99.96 | 47,010 | 0.04 | 134,171,173 | 62.96 | 284 |
Notes:
1. All resolutions were passed.
2. Votes "For" and "Against" are expressed as a percentage of votes received.
3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" and Against" a resolution.
4. Computershare acted as scrutineer of the poll on all resolutions.
John Pearson, Chairman of Mirriad, said: "I'm pleased to say Mirriad's performance is tracking the forecasts we made earlier this year. In particular, campaign activity in China is picking up as predicted, with 15 new campaigns running from over 10 different advertisers.
"Momentum in Europe is also starting to build again, with new content from our partners being pushed into all markets. In the US, the focus on scale and increased adoption is driving progress and we are confident that, despite the planned-for Covid-19 delays, we will be able to communicate positive news in the second half of the year."
ENDS
For further information please visit www.mirriad.com or contact:
Mirriad Advertising plc Stephan Beringer, Chief Executive Officer David Dorans, Chief Financial Officer
| Tel: +44 (0)207 884 2530 |
Nominated Adviser & Broker: Canaccord Genuity Limited Simon Bridges Thomas Diehl
| Tel: +44 (0)20 7523 8000
|
Financial Communications: Charlotte Street Partners Tom Gillingham Andrew Wilson
|
Tel: +44 (0) 7741 659021 Tel: +44 (0) 7810 636995
|
Notes to Editors
About Mirriad
Mirriad's award-winning solution unleashes new revenue for content producers and distributors by creating new advertising inventory in content. Our patented, AI and computer vision technology dynamically inserts products and innovative signage formats after content is produced. Mirriad's market-first solution seamlessly integrates with existing subscription and advertising models, and dramatically improves the viewer experience by limiting commercial interruptions.
Mirriad currently operates in the US, Europe and China.