27 Jun 2019 07:00
27 June 2019
Spinnaker Opportunities plc
("Spinnaker" or the "Company")
Results of Annual General Meeting ("AGM")
Spinnaker Opportunities plc (LON: SOP), the Standard Listed cash shell focused on delivering a material acquisition in the cannabis processing industry, is pleased to announce that at the AGM of the Company's shareholders, held on 26 June 2019, all resolutions were duly passed.
All resolutions were put to the meeting and approved on a poll and the results are detailed below.
For | Against | Total Votes Cast | % of shares on register at 11:30am on 26 June 2019 | Votes withheld | ||||
Resolution | Special / Ordinary | No. of votes | % | No. of votes | % | No. of votes | % | No. of votes |
1.To receive and consider the audited financial statements of the Company for the period ended 31 December 2018 together with the directors' report and the auditors' report thereon.
| Ordinary | 9,410,484 | 100 | 0 | 0 | 9,410,484 | 32.01 | 0 |
2. To receive and approve the report on directors' remuneration as set out on pages 8 of the Annual Report and Accounts for the period ended 31 December 2017.
| Ordinary | 9,410,484 | 100 | 0 | 0 | 9,410,484 | 32.01 | 0 |
3. To approve the re-appointment of PKF Littlejohn LLP as auditors o the Company, and to authorise the directors to determine the auditors' remuneration. authorize the directors to determine the auditors' remuneration.
| Ordinary | 9,410,484 | 100 | 0 | 0 | 9,410,484 | 32.01 | 0 |
4. To re-elect Andrew Morrison as a director of the Company.
| Ordinary | 9,410,484 | 100 | 0 | 0 | 9,410,484 | 32.01 | 0 |
5. To re-elect Anthony Harpur as a director of the Company.
| Ordinary | 9,410,484 | 100 | 0 | 0 | 9,410,484 | 32.01 | 0 |
6. To re-elect Alan Hume as a director of the company.
| Ordinary | 9,410,484 | 100 | 0 | 0 | 9,410,484 | 32.01 | 0 |
7. To authorise the Directors to allot shares up to a nominal value of £5,000,000.
| Ordinary | 9,410,484 | 100 | 0 | 0 | 9,410,484 | 32.01 | 0 |
8. To authorise the Directors to allot shares for cash and to disapply pre-emption rights up to a nominal value of £2,500,000.
| Special | 9,410,484 | 100 | 0 | 0 | 9,410,484 | 32.01 | 0 |
The total number of shares on the register at 11:30 on 26 June 2019, being those eligible to be voted on at the AGM, was 29,400,120.
A copy of the special resolutions approved by shareholders will be submitted as soon as practicable to the National Storage Mechanism and will be available shortly for inspection at www.morningstar.co.uk/uk/nsm.
For further information, please visit http://www.spinnakeropportunities.uk/ or contact the following:
Peterhouse Capital (Financial Adviser and Joint Broker)
Tel: +44 (0)20 7469 0930
Guy Miller / Lucy Williams / Eran Zucker
SI Capital (Joint Broker)
Tel: +44 (0)1483 413 500 / +44 (0) 203 871 4038
Nick Emerson / Greg Mahoney
Blytheweigh (Financial PR)
Tel: +44 (0) 207 138 3553
Tim Blythe / Julia Tilley / Fergus Cowan / Jane Lenton