29 October 2019
Vela Technologies plc
("Vela" or the "Company")
Result of Annual General Meeting
The Board of Vela announces that at its annual general meeting held earlier today, all resolutions were duly passed on a show of hands. The proxy voting results of the resolutions are also included below:
|
Resolutions |
Votes For* |
% of votes cast** |
Votes Against |
% of votes cast** |
Votes Withheld*** |
Total votes cast**** |
|
|
||||||
|
1. To receive and adopt the directors' report, the auditor's report and the Company's accounts for the year ended 31 March 2019 |
830,222,578 |
100% |
- |
0% |
188,857 |
830,222,578 |
|
|
||||||
|
2. To re-appoint Murray Harcourt Limited as auditor |
830,222,578 |
99.98% |
188,857 |
0.02% |
-
|
830,411,435 |
|
|
||||||
|
3. To authorise the Directors to determine the remuneration of the auditor |
830,222,578 |
99.98% |
188,857 |
0.02% |
- |
830,411,435 |
|
|
||||||
|
4. To re-appoint Brent Fitzpatrick as a Director of the Company |
760,108,260 |
91.53% |
70,303,175 |
8.47% |
- |
830,411,435 |
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 |
Tel: +44 (0) 7802 262 443 |
|
Brent Fitzpatrick, Non-Executive Chairman Antony Laiker, Director
|
|
|
Allenby Capital Limited (Nominated Adviser) |
Tel: +44 (0) 20 3328 5656 |
|
Nick Athanas/Asha Chotai
|
|
|
Smaller Company Capital Limited (Broker) |
Tel: +44 (0) 20 3651 2910 |
|
Rupert Williams/Jeremy Woodgate |
|
About Vela Technologies
Vela Technologies (AIM: VELA) is an investing company focused on early stage and pre-IPO long term disruptive technology investments. There are currently 12 investments in the portfolio which either have developed ways of utilising technology or developing technology with a view to disrupting the businesses or sector in which they operate. More recently, Vela Technologies has also started to focus on existing listed companies where valuations may offer additional opportunities.