Last checked at 27 May 2020 13:30
27 May 2020
XLMedia PLC
("XLMedia" or the "Group" or the "Company")
Result of AGM
XLMedia (AIM: XLM), a leading provider of digital performance marketing services, announces that all resolutions proposed at the Annual General Meeting ("AGM") of the Company held earlier today were duly passed. Resolution 9 set out in the notice of the AGM which concerned the approval of a new long term incentive plan was withdrawn and not considered at the meeting to allow further discussions with shareholders. The Company expects to convene an extraordinary general meeting to consider the plan in due course when it has completed these discussions.
The total number of proxy votes received on each resolution put to the AGM was as follows:
Resolution (No. as noted on proxy form) | Total For (i) | Total Against | Withheld (ii) | ||
No. of votes | % of vote | No. of votes | % of vote | No. of votes | |
Resolution 1: Receive Annual Report and Accounts | 61,553,695 | 99.98% | 15,040 | 0.02% | 390,327 |
Resolution 2: That Mr. Stuart Simms be re-appointed as a director of the Company | 60,909,563 | 98.31% | 1,049,499 | 1.69% | 0 |
Resolution 3: That Mr. Christopher Bell be re-appointed as a director of the Company | 58,225,013 | 97.05% | 1,768,586 | 2.95% | 1,965,463 |
Resolution 4: That Mr. Richard Rosenberg be re-appointed as a director of the Company | 58,225,013 | 93.97% | 3,734,049 | 6.03% | 0 |
Resolution 5: That Mr. Ory Weihs be re-appointed as a director of the Company | 60,733,794 | 98.02% | 1,225,268 | 1.98% | 0 |
Resolution 6: Reappointment of Kost Forer Gabbay and Kasiere as auditors of the Company | 61,748,399 | 99.66% | 210,663 | 0.34% | 0 |
Resolution 7: To authorise the Directors to agree the remuneration of the auditors of the Company
| 61,728,399 | 99.63% | 230,663 | 0.37% | 0 |
Resolution 8: Authority to issue shares
| 61,912,853 | 99.93% | 46,209 | 0.07% | 0 |
Resolution 10: Disapplication of pre-emption rights (iii) | 61,753,156 | 99.68% | 197,561 | 0.32% | 8,345 |
Resolution 11: Authorities for the Company to purchase its own Ordinary Shares (iii) | 61,902,102 | 99.94% | 36,960 | 0.06% | 20,000 |
Notes:
(i) The "For" proxy vote includes those giving the Chairman discretion
(ii) A vote "Withheld" is not a vote in law and is not included in the proxy votes "For" or "Against" the resolution
(iii) Special resolution
The full text of the resolutions can be found in the Notice of Annual General Meeting, which is available on the Company's website at: https://www.xlmedia.com/investor-relations/presentations-reports-documents/
For further information, please contact:
XLMedia plc Stuart Simms, Chief Executive Officer Iain Balchin, Chief Financial Officer www.xlmedia.com
| Via Vigo Communications |
Vigo Communications Jeremy Garcia www.vigocomms.com
| Tel: 020 7390 0233 |
Cenkos Securities plc (Nomad and Joint Broker) Giles Balleny / Max Gould www.cenkos.com
| Tel: 020 7397 8900 |
Berenberg (Joint Broker) Chris Bowman / Mark Whitmore / Simon Cardron www.berenberg.com | Tel: 020 3207 7800 |