23 May 2019 15:24
Stilo International plc
Annual General Meeting
Result of Annual General Meeting
The Annual General Meeting of Stilo International plc was held at the offices of RSM UK Audit LLP, 25 Farringdon Street, London EC4A 4AB earlier today.
All 6 resolutions put to members were passed. Resolutions 1 to 4 were passed as ordinary resolutions and resolutions 5 and 6 were passed as special resolutions.
The number of votes lodged by proxy for and against each of the resolutions proposed, and the number of votes withheld was as follows:
Resolution | Votes for | % | Votes against | % | Votes withheld |
Resolution 1 (Ordinary) To receive and adopt the Directors' Report and Accounts for the year ended 31 December 2018 | 42,397,973
| 100
| 0 | 0 | 0 |
Resolution 2 (Ordinary) To approve the final dividend for the year ended 31 December 2018 | 42,397,973
| 100
| 0 | 0 | 0 |
Resolution 3 (Ordinary) To reappoint RSM UK Audit LLP as Auditors to the Company and to authorise the Directors to fix their remuneration | 42,397,973
| 100
| 0 | 0 | 0 |
Resolution 4 (Ordinary) To authorise the Directors to allot relevant securities | 42,397,973
| 100
| 0 | 0 | 0 |
Resolution 5 (Special) To authorise the Directors to allot equity securities and to disapply statutory pre-emption rights in relation to the issue of certain equity securities | 42,177,973
| 99.48
| 220,000
| 0.52
| 0 |
Resolution 6 (Special) To authorise the Directors to purchase ordinary shares
| 42,397,973
| 100
| 0 | 0 | 0 |
As at 23 May, 2019, there were 113,930,470 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.
ENQUIRIES
Stilo International plcLes Burnham, Chief ExecutiveT +44 (0)1793 441444
| SPARK Advisory Partners (Nominated Adviser)Neil Baldwin T +44 (0) 203 368 3554Mark Brady T +44 (0) 203 368 3551
SI Capital (Broker) Nick Emerson T +44 (0) 1483 413500
|