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Sareum Holdings PLC held its Annual General Meeting (AGM) on 19 December 2024, where all nine proposed resolutions were passed. These resolutions included the re-election of Mr Clive Birch and Dr Michael Owen as Directors, and the re-appointment of Shipleys LLP as auditor. All resolutions received over 92% of votes in favour.
| Date | 19 Dec 2024 |
| Time | 16:07:55 |
| Category | AGMs and other meetings |
| ID | 8213Q |
SAREUM HOLDINGS PLC
("Sareum" or the "Company")
Results of AGM
Cambridge, UK, 19 December 2024 - Sareum Holdings plc (AIM: SAR), a clinical-stage biotechnology company developing next-generation kinase inhibitors for autoimmune disease and cancer, held its Annual General Meeting ("AGM") today and all resolutions were duly passed. Voting was conducted by a show of hands and inclusive of votes received by the Company by way of proxy.
Details of the proxy voting results are shown in the table below.
|
Ordinary Resolutions |
Votes For |
% |
Votes Against |
% |
Votes Total |
% of ISC Voted |
Votes Withheld |
|
1. Receive the financial statements for the year |
11,916,088 |
99.38 |
74,805 |
0.62 |
11,990,893 |
9.61% |
163,189 |
|
2. Receive and approve the Directors' Renumeration Report for the year |
11,800,364 |
98.55 |
174,011 |
1.45 |
11,974,375 |
9.60% |
179,707 |
|
3. Re-elect Mr Clive Birch as Director of the Company |
10,443,572 |
92.12 |
893,439 |
7.88 |
11,337,011 |
9.09% |
817,071 |
|
4. Re-elect Dr Michael Owen as Director of the Company |
10,443,672 |
92.12 |
893,339 |
7.88 |
11,337,011 |
9.09% |
817,071 |
|
5. Re-appoint Shipleys LLP as auditor |
11,775,627 |
98.70 |
154,926 |
1.30 |
11,930,553 |
9.56% |
223,529 |
|
6. Authorise the audit committee to determine auditor renumeration |
11,856,252 |
99.29 |
84,641 |
0.71 |
11,940,893 |
9.57% |
213,189 |
|
7. Directors' authority to allot new shares |
11,538,681 |
96.23 |
451,872 |
3.77 |
11,990,553 |
9.61% |
163,529 |
|
Special Resolution |
|
|
|
|
|
|
|
|
8. Directors' authority to disapply pre-emption rights |
11,522,085 |
96.30 |
442,974 |
3.70 |
11,965,059 |
9.59% |
189,023 |
|
9. Authority to hold general meetings |
11,893,866 |
99.29 |
84,805 |
0.71 |
11,978,671 |
9.60% |
175,411 |
The full text of each of the resolutions is set out in the Notice of AGM, available in the Investors section of the Company's website (www.sareum.com/investors)
For further information, please contact:
|
Sareum Holdings plc Stephen Parker, Executive Chaiman
|
01223 497700 |
|
Strand Hanson Limited (Nominated Adviser) James Dance / James Bellman
|
020 7409 3494 |
|
Oberon Capital (Joint Broker) Mike Seabrook / Nick Lovering
|
020 3179 5300 |
|
Hybridan LLP (Joint Broker) Claire Noyce
ICR Healthcare (Financial PR) Jessica Hodgson / Davide Salvi / Kumail Walijee
|
020 3764 2341
020 3709 5700 |
About Sareum
Sareum Holdings (AIM:SAR) is a clinical-stage biotechnology company developing next generation kinase inhibitors for autoimmune disease and cancer.
The Company is focused on developing next generation small molecules which modify the activity of the JAK kinase family and have best-in-class potential. Its lead candidate, SDC-1801, simultaneously inhibits TYK2 and JAK1. SDC-1801 is a potential treatment for a range of autoimmune diseases, including psoriasis, and has completed Phase 1 clinical development.
Sareum is also developing SDC-1802, a TYK2/JAK1 inhibitor with a potential application for cancer immunotherapy.
Sareum Holdings plc is based in Cambridge, UK, and is listed on the AIM market of the London Stock Exchange, trading under the ticker SAR. For further information, please visit the Company's website at www.sareum.com
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