General Meeting

Result and Information about General Meeting held on 4 January 2019

A General Meeting of shareholders was held at offices of CMS Cameron McKenna Nabarro Olswang LLP at Cannon Place, 78 Cannon Street, London EC4N 6AF at 11:00 a.m. on 4 January 2019.

The General Meeting considered the proposed subscription to raise $25 million that was announced by the Company on 17 December 2018. The completion of the subscription was subject to the passing of three resolutions by shareholders at the General Meeting.  Full details of these resolutions can be found in the Circular that was sent to shareholders on 17 December 2018, a copy of which is available below. The Notice of General Meeting is set out at the end of the Circular.

At the general meeting  all of the resolutions were duly approved by shareholders by way of a poll. The results of the poll are detailed below.

Shareholder Documents
Poll Results of the General Meeting
Votes For % of Shares Voted Votes Against % of Shares Voted Votes Withheld
Resolution 1:
To authorise the Directors to allot and issue new ordinary shares
39,723,809 99.02% 392,303 0.98% 17,175
Resolution 2:
To dis-apply pre-emption rights
39,707,430 98.98% 410,903 1.02% 14,954
Resolution 3:
To approve the waiver of Rule 9 of the Takeover Code
39,797,345 99.21% 315,488 0.79% 20,454
A “Withheld” vote is not a vote in law and is not counted in the calculation of the votes “For” or “Against” a resolution