Last checked at 30 Apr 2021 14:41
30 April 2021
Supply@ME Capital plc
(The "Company" or "SYME")
Result of 2019 Annual General Meeting
At the 2019 Annual General Meeting of the Company held earlier today, all resolutions put to shareholders, by way of advance proxy voting, were duly passed.
The number of proxy votes cast for each resolution is provided in the table below.
Resolution
| Type | In Favour | Against | Chairman's discretion | Withheld |
1. To receive the Annual Report & Accounts for the financial year ended 31 December 2019 together with the Directors' Report, Strategic Report and Auditors' Report |
Ordinary |
10,402,004,663 |
706,684 |
0 |
13,958,549 |
2. To approve the Directors' Remuneration Report for the financial year ended 31 December 2019 |
Ordinary |
10,398,054,236 |
4,370,311 |
0 |
14,245,349 |
3. To appoint Crowe UK LLP as auditors of the Company | Ordinary | 10,400,939,663 | 756,684 | 0 | 14,973,549 |
4. To authorise the Directors to determine the amount of the auditors' remuneration | Ordinary | 10,399,848,124 | 3,123,756 | 0 | 13,698,016 |
5. To authorise the Directors to allot shares in the Company | Ordinary | 10,339,023,870 | 76,036,985 | 0 | 1,609,041 |
6. To dis-apply statutory pre-emption provisions to enable the Directors in certain circumstances to allot Ordinary Shares for cash other than on a pre-emptive basis |
Special |
10,338,289,352 |
76,771,503 |
0 |
1,609.041 |
The total number of voting rights in the Company as at the date of the proxy deadline (28 April 2021) was 32,754,944,592 and the aggregate number of votes validly cast was 10,416,669,896, representing 31.8% of the Company's issued share capital.
The results are also available on the Company's website by following the link below:
https://www.supplymecapital.com/investor/shareholder-meetings/
Notes
Supply@ME enables businesses to generate cashflow, without incurring debt, by monetising their existing stock. Before a business has found an end-customer for its inventory, the Supply@ME platform enables them to sell ("monetise") their stock and receive cash immediately to boost their working capital. The Supply@ME service enables strong companies to improve their working capital cycle. SYME does not monetise inventory for companies in financial difficulty or with inventory that they are struggling to sell.
Contacts
Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com
Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780; paul.vann@walbrookpr.com
Brian Norris, Cicero/AMO, +44 (0)20 7947 5317