29 October 2020
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 held earlier today, all resolutions 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**** |
|
|
||||||
|
1. To receive and adopt the directors' report, the auditor's report and the Company's accounts for the year ended 31 March 2020. |
17,345,826 |
98.92% |
188,857 |
1.08% |
1,500,000 |
17,534,683 |
|
2. To re-appoint Murray Harcourt Limited as auditor of the Company. |
18,345,826 |
98.98% |
188,857 |
1.02% |
500,000 |
18,534,683 |
|
3. To authorise the Directors to determine the remuneration of the auditor. |
18,345,826 |
98.98% |
188,857 |
1.02% |
500,000 |
18,534,683 |
|
4. To re-appoint James Normand as a Director of the Company. |
18,345,826 |
98.98% |
188,857 |
1.02% |
500,000 |
18,534,683 |
|
|
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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) 7421 728875 |
|
Allenby Capital Limited (Nominated Adviser and Joint Broker) |
Tel: +44 (0) 20 3328 5656 |
|
Nick Athanas / Asha Chotai
|
|
|
Peterhouse Capital Limited (Joint Broker) |
Tel: +44 (0) 20 7469 0930 |
|
Lucy Williams / Duncan Vasey / Eran Zucker
|
|
About Vela Technologies plc
Vela Technologies (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 in the process of developing technology with a view to disrupting the businesses or sector in which they operate. More recently, Vela Technologies has broadened its focus to include existing listed companies where valuations may offer additional opportunities.