- Title:
Annual General Meeting Update - Time:
07:00:06 - Date:
14 Jun 2021 - Category:
Miscellaneous - ID:
7115B
Spectra Systems Corporation
("The Company" or "Spectra")
Annual General Meeting Lack of Quorum
Spectra (AIM: SPSY.L) announces that, having received only 23 ballots, it does not have enough shareholder votes to achieve a quorum to transact business at its scheduled 2021 Annual General Meeting on 14 June 2021. The presence in person or by proxy, duly authorized, of the holders of a majority of the outstanding shares of stock entitled to vote constitutes a quorum.
A summary of the votes received is as follows:
| Resolution |
For |
Against |
Discretion |
Withheld |
Total |
| Elect BJ Penn as Director |
10,291,057 |
- |
587,861 |
- |
10,878,918 |
| Elect Nabil Lawandy as Director |
10,291,057 |
- |
587,861 |
- |
10,878,918 |
| Elect Jeremy Fry as Director |
10,291,057 |
- |
587,861 |
- |
10,878,918 |
| Elect Donald Stanford as Director |
10,291,057 |
- |
587,861 |
- |
10,878,918 |
| Ratification of Appointment of Independent Auditor |
7,945,257 |
587,861 |
- |
2,345,800 |
10,878,918 |
Total shares of stock outstanding as of the record date of 19 April 2021 was 45,565,335. Therefore, only approximately 24% of the shares of stock were voted.
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy (Chief Executive Officer) Tel: +1 (0) 401 274 4700
WH Ireland Limited
Chris Fielding (Managing Director, Corporate Finance) Tel: +44 (0) 20 7220 1650
Annual General Meeting Update07:00:0614 Jun 2021Miscellaneous7115B