29 Jul 2019 13:42
29 July 2019
Remote Monitored Systems plc
("Remote Monitored Systems", the "Company" or the "Group")
AGM Results and Total Voting Rights
The Company's Annual General Meeting ("AGM") was held today at 10.30am. All resolutions, including approval of the fundraising announced by the Company on 5 July 2019, were passed on a poll, and the proxy votes were as follows.
Resolution | Votes for | Votes against | Votes Discretionary | Votes withheld | Total |
Resolution 1: Company's annual accounts | 109,487,387 | 0 | 151,305 | 14,112 | 109,652,804 |
Resolution 2: Re-election of Nigel Burton as Director | 109,481,387 | 6,000 | 151,305 | 14,112 | 109,652,804 |
Resolution 3: Auditors' reappointment and remuneration | 109,067,290 | 0 | 151,305 | 434,209 | 109,652,804 |
Resolution 4: Section 551 authority to allot shares | 109,481,226 | 6,000 | 151,305 | 16,273 | 109,654,804 |
Resolution 5: Section 570 authority to allot shares and dis-application of Section 561(1) pre-emption rights | 109,439,560 | 6,000 | 151,305 | 55,939 | 109,652,804 |
Resolution 6: Issue of Convertible Loan Notes and Equity | 109,481,226 | 6,000 | 151,305 | 16,273 | 109,654,804 |
Total Voting Rights
With effect from today, following shareholder approval of the conversion of certain director fees to shares, as previously announced on 5 July 2019, the total issued share capital of the Company will consist of 407,415,559 ordinary shares of 0.2p each in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 407,415,559.
The above figure of 407,415,559 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
ENQUIRIES:
Remote Monitored Systems plc
Trevor Brown (Executive Director) +41 7941 55384
Nigel Burton (Non-Executive Chairman) +44 7785 234447
SP Angel Corporate Finance LLP +44 20 3470 0470
Nominated Adviser and joint broker
Stuart Gledhill
Jeff Keating
Caroline Rowe
Peterhouse Corporate Finance +44 20 7469 0930
Joint broker
Lucy Williams
Fungai Ndoro