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Caracal Gold Plc announced that shareholders passed resolutions 1 to 10 at its Annual General Meeting held on Wednesday, 13th August 2025. These resolutions included the re-election of eight directors, with individual 'for' votes ranging from 54.88% (Simon Grant-Rennick) to 99.76% (Noreen Kidunduhu and Edward Ruheni), and the appointment of RPG Crouch Chapman LLP as auditors with 99.81% of votes for. Resolutions 11 and 12 were withdrawn.
| Date | 14 Aug 2025 |
| Time | 07:00:09 |
| Category | AGMs and other meetings |
| ID | 2581V |
Caracal Gold Plc
('Caracal' or the 'Company')
Results of Annual General Meeting
Caracal Gold Plc, the East African focused gold company, is pleased to announce that resolutions 1 to 10 proposed to shareholders at the Annual General Meeting ("AGM") held at 10:00am on Wednesday 13th August 2025 were duly passed on a show of hands.
The proxy votes received in relation to these resolutions were as follows:
|
Resolution |
Shares |
||||
|
|
For |
% of votes |
Against |
% of votes |
Withheld |
|
Ordinary Resolution: 1. To receive the report of the Directors and the financial statements of the Company for the period ended 30th June 2024. |
903,084,065 |
99.94% |
520,087 |
0.06% |
2,333,489 |
|
Ordinary Resolution: 2. To re-elect, as a director, Simon Grant-Rennick, who retires in accordance with Article 74 of the Articles and offers himself for re-election. |
491,926,223 |
54.88% |
404,426,610 |
45.12% |
9,584,808 |
|
Ordinary Resolution: 3. To re-elect, as a Director, Jason Brewer, who retires in accordance with Article 74 of the Articles and offers himself for re-election. |
897,662,438 |
99.75% |
2,269,783 |
0.25% |
6,005,420 |
|
Ordinary Resolution: 4. To re-elect, as a Director, Noreen Kidunduhu, who retires in accordance with Article 74 of the Articles and offers herself for re-election. |
896,144,806 |
99.76% |
2,176,612 |
0.24% |
7,616,223 |
|
Ordinary Resolution: 5. To re-elect, as a Director, Kevin Warrington, who retires in accordance with Article 74 of the Articles and offers himself for re-election. |
592,706,122 |
68.65% |
270,641,707 |
31.35% |
42,589,812 |
|
Ordinary Resolution: 6. To re-elect, as a Director, Martin Westerman, who retires in accordance with Article 74 of the Articles and offers himself for re-election. |
878,965,331 |
99.62% |
3,393,355 |
0.38% |
23,578,955 |
|
Ordinary Resolution: 7. To re-elect, as a Director, Hannah Wang'ombe, who retires in accordance with Article 74 of the Articles and offers herself for re-election. |
895,844,806 |
99.74% |
2,343,355 |
0.26% |
7,749,480 |
|
Ordinary Resolution: 8. To re-elect, as a Director, Edward Ruheni, who retires in accordance with Article 74 of the Articles and offers himself for re-election. |
896,144,806 |
99.76% |
2,176,612 |
0.24% |
7,616,223 |
|
Ordinary Resolution: 9. To appoint RPG Crouch Chapman LLP of 40 Gracechurch Street, London, EC3V 0BT, as auditors of the Company from the conclusion of the AGM until the conclusion of the next AGM before which accounts are laid. |
899,479,789 |
99.81% |
1,708,372 |
0.19% |
4,749,480 |
|
Ordinary Resolution: 10. To authorise the Directors to determine the Auditor's remuneration. |
899,534,912 |
99.79% |
1,852,528 |
0.21% |
4,550,201 |
Resolutions 11 and 12 have been withdrawn.
A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" any of the resolutions.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR") and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
* * ENDS * *
For further information visit www.caracalgold.com or contact the following:
|
Caracal Gold plc Jason Brewer Shareholder Enquiries |
jason@gathonimuchaiinvestments.com info@gathonimuchaiinvestments.com
|
Notes:
Caracal Gold plc is an expanding East African focused gold company with a clear strategy to grow production and resources both organically and through strategic acquisitions. Its immediate aim is to recommence and rapidly increase production to +50,000ozs p.a. and build a JORC compliant resource base of +3Moz. The Company is progressing a well-defined mine optimisation strategy at its 100% owned Kilimapesa Gold Mine in Kenya, where there is significant mid-term expansion potential and the ability to increase gold production to 24,000oz p.a. and the resource to +2Moz (current JORC compliant resources of approx. 706,000oz). Alongside this, Caracal is undertaking a targeted exploration programme at the Nyakafuru Project in Tanzania, which has an established high-grade shallow gold resource of 658,751oz at 2.08g/t contained within four deposits over 280 km2 and appears amenable to development as a large scale conventional open pit operation.
Caracal's experienced team has a proven track record in successfully developing and operating mining projects throughout Africa.
The Company is a responsible mining and exploration company and supports the positive social and economic change that it contributes to the communities in the regions that it operates. It is a proudly East African-focused company: it buys locally, employs locally, and protects the environment and its employees and their families' health, safety, and wellbeing.