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Vela Technologies plc announced on 11 December 2023 that all six resolutions proposed at its Annual General Meeting were duly passed by shareholders. The "Votes For" these resolutions ranged from 78.79% to 92.75% of the total votes cast for each resolution.
| Date | 11 Dec 2023 |
| Time | 14:19:43 |
| Category | AGMs and other meetings |
| ID | 3764W |
11 December 2023
Vela Technologies plc
("Vela" or "the Company")
Result of Annual General Meeting
The Board of Vela (AIM: VELA) announces that at its Annual General Meeting ("AGM") held earlier today, all resolution were duly passed.
The proxy voting results of the Resolutions are set out below:
|
Resolutions at Annual General Meeting |
Votes For* |
% of votes cast** |
Votes Against |
% of votes cast** |
Votes Withheld*** |
Total votes cast**** |
|
ORDINARY RESOLUTIONS |
||||||
|
1. To receive and adopt the directors' report, the auditor's report and the Company's accounts for the year ended 31 March 2023. |
1,883,100,928 |
92.75% |
147,284,895 |
7.25% |
85,819,746 |
2,030,385,823 |
|
2. To re-appoint TC Group as auditor of the Company. |
1,875,107,810 |
92.35% |
17,964,540 |
0.88% |
223,133,219 |
1,893,072,350 |
|
3.To authorise the Directors to determine the remuneration of the auditor. |
1,835,957,578 |
90.42% |
192,935,959 |
9.50% |
87,312,032 |
2,028,893,537 |
|
4.To re-appoint Emma Wilson as a Director of the Company. |
1,607,161,989 |
79.16% |
472,848,415 |
23.29% |
36,195,165 |
2,080,010,404 |
|
5.To approve the general authority to allot shares |
1,604,309,815 |
79.02% |
412,933,268 |
20.34% |
98,962,486 |
2,017,243,083 |
|
SPECIAL RESOLUTION |
||||||
|
6.To approve the authority to allot equity securities for cash |
1,599,809,815 |
78.79% |
417,433,268 |
20.56% |
98,962,486 |
2,017,243,083 |
|
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Notes:
*"Votes For" include votes giving the Chairman discretion.
**Percentages exclude "Votes Withheld".
***"Votes Withheld" are not votes in law and do not count in the number of votes counted for or against a resolution.
****"Total votes cast" do not include withheld votes.
For further information, please contact:
|
Vela Technologies plc Brent Fitzpatrick, Non-Executive Chairman James Normand, Executive Director
|
Tel: +44 (0) 741 088 6830
Email:[email protected] |
|
Allenby Capital Limited (Nominated Adviser) |
Tel: +44 (0) 20 3328 5656 |
|
Nick Athanas / Piers Shimwell
|
|
|
Peterhouse Capital Limited (Broker) |
Tel: +44 (0) 20 7469 0930 |
|
Lucy Williams / Duncan Vasey
|
|
|
Novus Communications (PR and IR Adviser) |
Tel: +44 (0) 20 7448 9839 |
|
Alan Green / Jacqueline Briscoe |
|
About Vela Technologies plc
Vela Technologies plc (AIM: VELA) is an investing company focused on early stage and pre-IPO long term disruptive technology investments. Vela's investee companies have either developed ways of utilising technology or are developing technology with a view to disrupting the businesses or sector in which they operate. Vela Technologies will also invest in already-listed companies where valuations offer additional opportunities.