27 Apr 2020 16:07
The SimplyBiz Group plc
(the "Company" or "SimplyBiz")
Result of 2020 Annual General Meeting
SimplyBiz (AIM: SBIZ), a leading fintech and support services group, announces that all of the resolutions set out in the Notice of AGM were passed by the requisite majority at the Company's AGM, held earlier today.
Details of the proxy votes received by the Company are as follows:
| For | Against | Total Votes | Withheld | |||
| No. of votes | % | No. of votes | % | No. of votes | % | No. of votes |
1. To receive the Annual Report and Accounts | 56,031,755 | 69% | 25,488,550 | 31% | 81,520,305 | 100% | 0 |
2. To declare final dividend of 2.85 pence per ordinary share | 81,520,305 | 100% | 0 | 0% | 81,520,305 | 100% | 0 |
3. To re-elect Ken Davy | 24,222,924 | 77% | 7,241,840 | 23% | 31,464,764 | 100% | 50,055,541 |
4. To re-elect Neil Stevens | 80,008,330 | 100% | 0 | 0% | 80,008,330 | 100% | 1,511,975 |
5. To re-elect Matt Timmins | 80,008,330 | 100% | 0 | 0% | 80,008,330 | 100% | 1,511,975 |
6. To re-elect Gareth Hague | 81,520,305 | 100% | 0 | 0% | 81,520,305 | 100% | 0 |
7. To re-elect Tim Clarke | 53,942,372 | 66% | 27,577,933 | 34% | 81,520,305 | 100% | 0 |
8. To re-elect Gary Hughes | 80,976,020 | 99% | 544,285 | 1% | 81,520,305 | 100% | 0 |
9. To re-appoint KPMG as auditor | 81,520,305 | 100% | 0 | 0% | 81,520,305 | 100% | 0 |
10. To authorise Directors to determine auditor's remuneration | 81,520,305 | 100% | 0 | 0% | 81,520,305 | 100% | 0 |
11. To authorise the Company to make political donations and incur political expenditure | 75,237,771 | 92% | 6,282,534 | 8% | 81,520,305 | 100% | 0 |
12. To authorise the Directors to allot relevant securities | 79,878,341 | 100% | 0 | 0% | 79,878,341 | 100% | 1,641,964 |
13. To authorise the directors to allot equity securities for cash without making a pre- emptive offer to shareholders* | 73,595,807 | 95% | 3,793,111 | 5% | 77,388,918 | 100% | 4,131,387 |
14. To authorise the directors to allot equity securities for cash in relation to an acquisition or other capital investment* | 73,595,807 | 95% | 3,793,111 | 5% | 77,388,918 | 100% | 4,131,387 |
15. To authorise the Company to make market purchases of its ordinary shares* | 79,878,341 | 100% | 0 | 0% | 79,878,341 | 100% | 1,641,964 |
16. To allow general meetings (other than AGMs) to be called on 14 clear days' notice* | 79,876,633 | 100% | 0 | 0% | 79,876,633 | 100% | 1,643,672 |
*Special resolution
Notes:
1. Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
2. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against".
4. The number of shares in issue on 27 April 2020 was 96,782,296 with no shares in treasury.
5. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.simplybizgroup.co.uk
Enquiries:
The SimplyBiz Group plc | via Instinctif Partners |
Matt Timmins (Joint Chief Executive Officer) Neil Stevens (Joint Chief Executive Officer)
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Zeus Capital (Nominated Adviser and Joint Broker) | +44 (0) 20 3829 5000 |
Martin Green Andrew Jones Dan Bate
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Peel Hunt LLP (Joint Broker) | +44 (0) 20 7418 8900 |
Guy Wiehahn Andrew Buchanan Rishi Shah
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Instinctif Partners | +44 (0) 78 3767 4600 / simplybiz@instinctif.com |
Catherine Wickman Lewis Hill
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