5 Mar 2010 07:00
Directex Realisations plc
("DXR", "the Company" or "the Group")
(Formerly Interactive Prospect Targeting Holdings plc ("IPTH"))
Result of General Meeting
The General Meeting requisitioned by Rock (Nominees) Limited was held yesterday.
Resolution 1 concerning Nicholas Ward was not put to the meeting following his resignation on 1 March 2010. However, on the strength of votes cast it would have been carried and he would have been removed as a director.
The results of the voting on each Resolution are set out below and will shortly be published on the Company's website at www.directex.co.uk.
| Resolution | For |
| Against |
| Withheld |
|
| Number | % | Number | % | Number |
| 1. | 21,573,094 | 55.97 | 15,471,941 | 40.14 | 1,500,000 |
| 2. | 23,222,879 | 57.78 | 15,471,941 | 38.49 | 1,500,000 |
| 3. | 23,222,879 | 57.78 | 15,471,941 | 38.49 | 1,500,000 |
| A. | 38,081,276 | 94.72 | 621,624 | 1.55 | 1,500,000 |
| B. | 11,417,427 | 28.40 | 28,755,473 | 71.53 | 30,000 |
| C. | 12,007,522 | 29.87 | 28,165,378 | 70.06 | 30,000 |
(Note: Percentages in the table above represent the percentage of votes cast).
Accordingly, Jonathan Lander and Nicholas Lander are appointed to the Board with immediate effect.
Resolution A approved the Company's investing policy as per the circular sent to shareholders on 9th February 2010. This investing policy was specific with respect to £500,000 of the Company's cash balances. The balance of the Company's cash will be held on deposit until further notice.
At a Board meeting held after the General Meeting the Company's registered office was changed to c/o Dawnay, Day Lander Limited, York House, 74-82 Queen Victoria Street, London EC4N 4SJ.
John Lloyd has resigned as a Director and Martin Purvis as a Director and Company Secretary with immediate effect; Martin Purvis has agreed for a short transitional period to assist in a handover.
Disclosure of Directorships under Schedule 2 of the AIM Rules
Jonathan Lander is or has been a director of the following companies during the previous five years:
Current Directorships
Volvere plc
New Medical Technology Limited
NMT Group Limited
Zero-stik Limited
Sira Defence & Security Limited
Volvere Central Services Limited
Interactive Prospect Targeting Limited
Volvere Asset Management Limited
Dawnay, Day Lander Limited
DDL Capital Limited
KL FUND I
KL FUND II
DDL Internet Incubator Investment Corporation
Past Directorships (past 5 years)
Kizoom Software Limited
Vectra Group Limited
Vectra (Middle East) Limited
Sira Test and Certification Limited
Sira Certification Service
Sira Environmental Limited
Sira Consulting Limited
Sportnow International Limited
Lander Investments Limited
Vectra Partners Limited
DDL Incubator Services Limited
Barleygable Residents Association Limited
Other matters
Jonathan Lander was appointed as a director of Ourexperts Limited on 30 August 2000. In his opinion the company was technically insolvent prior to his appointment. In order to avoid the expense of a liquidation, he negotiated a settlement with Ourexperts Limited's creditors on behalf of Ourexperts Limited, which enabled the company to continue trading.
Nicholas Lander is or has been a director of the following companies during the previous five years:
Current Directorships
Volvere plc
New Medical Technology Limited
NMT Group Limited
Zero-stik Limited
Sira Defence & Security Limited
Volvere Central Services Limited
Interactive Prospect Targeting Limited
Volvere Asset Management Limited
Dawnay, Day Lander Limited
Past Directorships (past 5 years)
Kizoom Software Limited
Pangorights Limited
Vectra Group Limited
Vectra (Middle East) Limited
Sira Test and Certification Limited
Sira Certification Service
Sira Environmental Limited
Sira Consulting Limited
Sportnow International Limited
Lander Partners Limited
Vectra Partners Limited
Other matters
Nicholas Lander was appointed as a director of Fleetweb Limited on 28 June 2000. In order to avoid the expense of a liquidator, he negotiated a settlement with Fleetweb Limited's creditors on behalf of Fleetweb Limited, which was dissolved on 2 July 2002.
There are no other matters which are required to be announced with regard to these appointments pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.
5 March 2010
Enquiries:
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Directex Realisations |
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| Nicholas Lander Director & Company Secretary | Tel: +44 (0) 20 79 79 75 75 |
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| Canaccord Adams | Tel: +44 (0) 20 7050 6500 |
| Mark Williams |
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| Bhavesh Patel |
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| College Hill | Tel: +44 (0) 20 7457 2020 |
| Mark Garraway |
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| Adam Aljewicz |
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