Result of AGM

RNS Number : 6822X

European Metals Holdings Limited

20 December 2019

 

For immediate release

20 December 2019

EUROPEAN METALS HOLDINGS LIMITED

Results of Annual General Meeting

In accordance with Listing Rule 3.13.2, the Board of European Metals Holdings Limited ("European Metals" or "the Company") (ASX & AIM: EMH) is pleased to announce that all the resolutions were passed by a show of hands at the Annual General Meeting, including approval of the proposed subscription of €34,061,265 by CEZ a.s. through its wholly-owned subsidiary SDAS, for 51% of Geomet s.r.o. the Company's wholly owned Czech subsidiary and the holder of the Cinovec licences. 

The information required by section 251AA of the Corporations Act 2001 (Cth) in respect of each resolution passed by poll at the meeting is set out below.

Resolution Details			Instructions given to validly appointed proxies (as at proxy close date)
	Resolution Type		For	Against	Abstain	Proxy Discretion
1.    Approve the subscription for shares in Geomet s.r.o. giving Severočeské doly a.s., fifty-one per cent. (51%) of the ownership interests and voting rights in Geomet s.r.o.	Ordinary		59,382,719 99.17%	-	-	500,000 0.83%
2.    Approve the re-election of Director - Mr Kiran Morzaria.	Ordinary		56,772,299 94.81%	2,610,420 4.36%	-	500,000 0.83%
3.    Ratify the prior issue of unlisted options to consultant.	Ordinary		59,382,719 99.17%	-	-	500,000 0.83%
4.    Ratify the prior issue of CDIs - Placement.	Ordinary		59,382,719 99.17%	-	-	500,000 0.83%
5.    Approve the 10% placement capacity.	Special		59,382,719 99.17%	-	-	500,000 0.83%
6(a) Approve the amendment of the         Memorandum and Articles of Association.	Ordinary		59,382,719 99.17%	-	-	500,000 0.83%
6(b) Authorise the Company's registered agent         to file the amended and restated         Memorandum and Articles of Association.	Ordinary		59,382,719 99.17%	-	-	500,000 0.83%

Resolution Details			Number of votes cast on the poll (where applicable)
	Resolution Type		For	Against	Abstain*
1.     Approve the subscription for shares in Geomet s.r.o. giving Severočeské doly a.s., fifty-one per cent. (51%) of the ownership interests and voting rights in Geomet s.r.o.	Ordinary		59,882,719 100%	-	-
2.    Approve the re-election of Director - Mr Kiran Morzaria.	Ordinary		57,272,299 95.64%	2,610,420 4.36%	-
3.     Ratify the prior issue of unlisted options to consultant.	Ordinary		59,882,719 100%	-	-
4.    Ratify the prior issue of CDIs - Placement.	Ordinary		59,882,719 100%	-	-
5.    Approve the 10% placement capacity.	Special		59,882,719 100%	-	-
6(a) Approve the amendment of the Memorandum         and Articles of Association.	Ordinary		59,882,719 100%	-	-
6(b) Authorise the Company's registered agent to         file the amended and restated Memorandum         and Articles of Association.	Ordinary		59,882,719 100%	-	-

ENQUIRIES:

European Metals Holdings Limited Keith Coughlan, Managing Director Kiran Morzaria, Non-Executive Director Julia Beckett, Company Secretary	Tel: [phone] Email: [e-mail] Tel: [phone] Tel: [phone] Email: [e-mail]
Beaumont Cornish (Nomad & Broker) Michael Cornish Roland Cornish	Tel: [phone] Email: [e-mail]
Shard Capital (Joint Broker) Damon Health Erik Woolgar	Tel:  [phone]
Blytheweigh (Financial PR) Tim Blythe Megan Ray	Tel: [phone]

 

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