Last checked at 30 Jul 2021 16:00
30 July 2021
Supply@ME Capital plc
(The "Company" or "SYME")
Result of 2020 Annual General Meeting
At the 2020 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 of the Company for the financial year ended 31 December 2020, together with the Directors' Report, Strategic Report and Auditors' Report on those accounts |
Ordinary |
1,552,177,522 |
317,419 |
0 |
20,799,709 |
2. To approve the Directors' Remuneration Report for the financial year ended 31 December 2020 |
Ordinary |
1,548,791,446 |
1,878,237 |
0 |
22,624,967 |
3. To approve the Directors' Remuneration Policy | Ordinary | 1,543,570,215 | 4,220,221 | 0 | 25,504,214 |
4. To appoint Crowe UK LLP as auditors of the Company | Ordinary | 1,547,561,008 | 367,419 | 0 | 25,366,223 |
5. To authorise the Directors to determine the amount of the auditors' remuneration | Ordinary | 1,550,574,594 | 2,545,347 | 0 | 20,174,709 |
6. To re-elect Mr. Enrico Camerinelli as a Non-executive Director of the Company | Ordinary | 1,524,720,489 | 1,123,372 | 0 | 47,450,789 |
7. To authorise the Directors to allot and issue Ordinary shares | Ordinary | 1,477,692,891 | 95,375,525 | 7,291 | 218,943 |
8. 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 |
1,457,359,582 |
112,118,834 |
7,291 |
3,808,943 |
9. To adopt new articles of the Company | Special | 1,498,816,303 | 73,662,113 | 7,291 | 808,943 |
The total number of voting rights in the Company as at the date of the proxy deadline (28 July 2021) was 34,232,650,474 and the aggregate number of votes validly cast was 1,573,287,359, representing 4.6% 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