26 May 2020
XPEDIATOR PLC
("Xpediator" or the "Company" or the "Group")
Result of AGM
Xpediator, (AIM: XPD), a leading provider of freight management services across the UK and Central and Eastern Europe, announces, that all resolutions proposed to shareholders at its Annual General Meeting held today were passed. Resolutions 1 to 9 and 11 to 12 were passed as ordinary resolutions. Resolution 10 and 13 to 15 were passed as special resolutions.
The proxies received in respect of resolutions 1 to 15 were as follows:
|
No. |
ORDINARY RESOLUTIONS |
FOR |
AGAINST |
VOTES WITHELD |
|
1. |
To receive and adopt the annual accounts of the Company for the financial year ended 31 December 2019. |
23,377,577 |
Nil |
Nil |
|
2. |
To approve the directors' remuneration report for the financial year ended 31 December 2019. |
23,332,244 |
Nil |
45,333 |
|
3. |
To re-appoint Stephen Blyth as a director of the Company. |
20,708,574 |
2,854,103 |
Nil |
|
4. |
To re-appoint Robert Ross as a director of the Company. |
23,377,577 |
Nil |
Nil |
|
5. |
To re-appoint Alex Borrelli as a director of the Company. |
23,377,577 |
Nil |
Nil |
|
6. |
To re-appoint Robert Riddleston as a director of the Company. |
23,377,577 |
Nil |
Nil |
|
7. |
To re-appoint Charles McGurin as a director of the Company. |
23,377,577 |
Nil |
Nil |
|
8. |
To re-appoint Wim Pauwels as a director of the Company. |
23,377,577 |
Nil |
Nil |
|
9. |
To re-appoint Crowe U.K. LLP as auditors of the Company and to authorise the directors to determine their remuneration. |
22,337,544 |
1,225,133 |
Nil |
|
|
SPECIAL RESOLUTIONS |
|
|
|
|
10. |
To replace Article 129 to facilitate the payment of a dividend in scrip. |
23,373,087 |
4,300 |
190 |
|
ORDINARY RESOLUTIONS |
||||
|
11. |
To declare a final dividend of 1.05 pence per ordinary share in respect of the financial year ended 31 December 2019 to be paid via a scrip. |
23,373,087 |
4,300 |
190 |
|
12. |
To generally authorise the directors to allot shares in the capital of the Company. |
23,377,577 |
Nil |
Nil |
|
SPECIAL RESOLUTIONS |
||||
|
13. |
To dis-apply the statutory pre-emption rights in respect of the allotment of shares pursuant to the authority referred to in Resolution 12. |
23,360,193 |
17,194 |
190 |
|
14. |
To generally authorise the Company to make market purchases of its own shares. |
23,367,337 |
10,240 |
Nil |
|
15. |
To amend Articles 45 to 67 to facilitate the holding of meetings electronically. |
23,373,087 |
4,300 |
190 |
Enquiries
|
Xpediator plc |
Tel: +44 (0)330 043 2395 |
|
Stephen Blyth, Chief Executive Officer |
Email: info@xpediator.com |
|
|
|
|
Cenkos Securities plc (Nominated Adviser & Joint Broker) |
Tel: +44 (0)20 7397 8900 |
|
Max Hartley, Max Gould (Corporate Finance) |
|
|
Nick Searle (Sales)
|
|
|
Cantor Fitzgerald Europe (Joint Broker) |
Tel: +44 (0)20 7894 7000 |
|
David Foreman (Corporate Finance) |
|
|
Caspar Shand Kydd (Sales) |
|
|
|
|
|
Novella Communications (Financial Public Relations) |
Tel: +44 (0)20 3151 7008 |
|
Tim Robertson |
|
|
Fergus Young |
|
About Xpediator:
Xpediator is a well-established international provider of freight management services. Established in 1988 by Stephen Blyth, the Group's international network of offices provides road, sea and air freight services, together with logistics and warehousing in the UK and Romania. The business offers integrated freight management within the supply chain logistics and fulfilment sector, through its three main areas: freight forwarding, logistics & warehousing and transport services. With headquarters in Braintree, Essex and country offices in nine CEE countries across 38 sites, the Group currently employs over 1,000 people and was successfully listed on London's AIM market in 2017.
For more information, please visit: www.xpediator.com.
Alternatively, do follow us on Twitter at @Xpediator or find us on LinkedIn at Xpediator Plc.