Last checked at 5 Jan 2015 11:23
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
For immediate release
5 January 2015
Digital Barriers plc
Result of General Meeting
On 16 December 2014, Digital Barriers plc (AIM: DGB) ("Digital Barriers", the "Company" and, together with its subsidiary undertakings, the "Group"), the specialist provider of advanced surveillance technologies to the international homeland security and defence markets, announced the proposed Placing of 19,864,865 new Ordinary Shares at 37.0 pence per share. The Placing was subject, inter alia, to approval by Shareholders of the Resolutions set out in the Notice of General Meeting.
The Company is pleased to announce that all of the Resolutions were passed unanimously on a show of hands at the General Meeting which took place earlier today.
The proxy voting results for the Resolutions were as follows:
Resolution 1: ordinary resolution to authorise the Directors to allot relevant securities
Number of Ordinary Shares voted | Percentage of Ordinary Shares voted | |
For | 52,760,295 | 100 |
Against | Nil | Nil |
Withheld | Nil | Nil |
Total votes cast | 52,760,295 |
Resolution 2: special resolution to approve the disapplication of pre-emption rights
Number of Ordinary Shares voted | Percentage of Ordinary Shares voted | |
For | 52,760,295 | 100 |
Against | Nil | Nil |
Withheld | Nil | Nil |
Total votes cast | 52,760,295 |
A vote withheld is not a vote in law and does not count in the total of votes cast.
Any proxy appointments which gave discretion to the chairman of the meeting have been included in the 'For' total.
The issued share capital of the Company eligible to vote on the Resolutions is 64,624,616 Ordinary Shares of one penny each.
The Placing remains conditional, inter alia, upon Admission. Admission is expected to become effective at 8.00 a.m. on 6 January 2015.
Terms defined in the circular dated 16 December 2014 have the same meaning in this announcement, save where the context otherwise requires.
Digital Barriers plc | +44 (0) 20 7940 4740 |
Tom Black, Non-Executive Chairman Zak Doffman, Chief Executive Office Sharon Cooper, Finance Director
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Investec Bank plc - Nominated adviser and Broker to Digital Barriers | +44 (0) 20 7597 5970 |
Andrew Pinder / Patrick Robb Junya Iwamoto / Sebastian Lawrence
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FTI Consulting - PR Adviser to Digital Barriers | +44 (0) 20 7831 3113 |
Edward Bridges Matt Dixon |