Result of AGM, XLMedia PLC, 2020-05-27






RNS Number : 1087O
XLMedia PLC
27 May 2020
 

27 May 2020

 

 

XLMedia PLC

(“XLMedia” or the “Group” or the “Company”)  

Result of AGM

XLMedia (AIM: XLM), a leading provider of digital performance marketing services, announces that all resolutions proposed at the Annual General Meeting (“AGM“) of the Company held earlier today were duly passed.  Resolution 9 set out in the notice of the AGM which concerned the approval of a new long term incentive plan was withdrawn and not considered at the meeting to allow further discussions with shareholders.  The Company expects to convene an extraordinary general meeting to consider the plan in due course when it has completed these discussions.

The total number of proxy votes received on each resolution put to the AGM was as follows:

Resolution (No. as noted on proxy form)

Total For (i)

Total Against

Withheld (ii)


No. of votes

% of vote

No. of votes

% of vote

No. of votes

Resolution 1:

Receive Annual Report and Accounts

61,553,695

 99.98%

15,040

0.02%

390,327

Resolution 2:

That Mr. Stuart Simms be re-appointed as a director of the Company

60,909,563


98.31%

1,049,499

1.69%

0

Resolution 3:

That Mr. Christopher Bell be re-appointed as a director of the Company

58,225,013

 97.05%

1,768,586

2.95%

1,965,463

Resolution 4:

That Mr. Richard Rosenberg be re-appointed as a director of the Company

58,225,013

93.97%

3,734,049

6.03%

0

Resolution 5:

That Mr. Ory Weihs be re-appointed as a director of the Company

60,733,794

98.02%

1,225,268

1.98%

0

Resolution 6:

Reappointment of Kost Forer Gabbay and Kasiere as auditors of the Company

61,748,399

99.66%

210,663

0.34%

0

Resolution 7:

To authorise the Directors to agree the remuneration of the auditors of the Company

 

61,728,399

99.63%

230,663

0.37%

0

Resolution 8:

Authority to issue shares

 

61,912,853

99.93%

46,209

0.07%

0

Resolution 10:

Disapplication of pre-emption rights (iii)

61,753,156

99.68%

197,561

0.32%

8,345

Resolution 11:

Authorities for the Company to purchase its own Ordinary Shares (iii)

61,902,102

99.94%

36,960

0.06%

20,000

 

Notes:

(i)    The “For” proxy vote includes those giving the Chairman discretion

(ii)   A vote “Withheld” is not a vote in law and is not included in the proxy votes “For” or “Against” the resolution

(iii)  Special resolution

The full text of the resolutions can be found in the Notice of Annual General Meeting, which is available on the Company’s website at: https://www.xlmedia.com/investor-relations/presentations-reports-documents/  

For further information, please contact:

 

XLMedia plc

Stuart Simms, Chief Executive Officer

Iain Balchin, Chief Financial Officer

www.xlmedia.com

 

Via Vigo Communications

Vigo Communications

Jeremy Garcia

www.vigocomms.com

 

Tel: 020 7390 0233

Cenkos Securities plc (Nomad and Joint Broker)

Giles Balleny / Max Gould

www.cenkos.com

 

Tel: 020 7397 8900

Berenberg (Joint Broker)

Chris Bowman / Mark Whitmore / Simon Cardron

www.berenberg.com

Tel: 020 3207 7800

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 

END

 
 

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