24 Jun 2015 13:53
24 June 2015
Atlantis Resources Limited
RESULT OF ANNUAL GENERAL MEETING
Atlantis Resources Limited (AIM: ARL, "Atlantis", or the "Company"), a global leader in the tidal power sector, announces that at the Company's Annual General Meeting held today all of the resolutions were duly passed.
A summary of the proxy votes cast in respect of each resolution is set out below (a "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes for and against the resolution):
Resolution | In Favour | Against | Withheld | |||
No. of votes | % of votes | No. of votes | % of votes | No. of votes | ||
Ordinary Resolutions | ||||||
1. | Report and Accounts | 61,172,960 | 100 | 0 | 0 | 0 |
2. | Directors' Remuneration Report | 57,617,834 | 94.19 | 3,555,126 | 5.81 | 0 |
3. | Appointment of Auditors | 61,172,960 | 100 | 0 | 0 | 0 |
4. | Remuneration of Auditors | 61,172,960 | 100 | 0 | 0 | 0 |
5. | Re-election of Rune Nilsen | 53,152,566 | 86.89 | 8,020,394 | 13.11 | 0 |
6. | Re-election of John Woodley | 53,152,566 | 86.89 | 8,020,394 | 13.11 | 0 |
7. | Re-election of Duncan Black | 56,175,778 | 91.83 | 4,997,182 | 8.17 | 0 |
8. | Authority to allot and issue Shares | 55,642,364 | 90.96 | 5,530,596 | 9.04 | 0 |
9. | Authority to disapply Pre-Emption Rights | 54,264,258 | 88.71 | 6,908,702 | 11.29 | 0 |
10. | Grant of options and awards under the Company's Long Term Incentive Plan | 57,395,796 | 93.83 | 3,777,164 | 6.17 | 0 |
Enquiries:
Atlantis Resources | +44 (0)20 3727 1000 |
Tim Cornelius, Chief Executive Officer | |
Duncan Black, Chief Financial Officer | |
Peel Hunt LLP (Nominated Adviser and Broker) | +44 (0)20 7418 8900 |
Daniel Harris Jock Maxwell Macdonald Euan Brown | |
FTI Consulting | +44 (0)20 3727 1000 |
Ben Brewerton Alex Beagley Stephanie Blott James Styles |
SIMEC Atlantis Energy (SAE)