Result of AGM

GetBusy PLC
21 May 2024
 

21 May 2024

GetBusy plc

("GetBusy" or the "Company" or the "Group")

Result of AGM

GetBusy plc (AIM: GETB), a leading provider of productivity software for professional and financial services, announces that, at its AGM held today, all resolutions put to the meeting were duly passed.

The results for each resolution were as follows:








Resolution number

For

%

Against

%

Vote total

Vote total as % of issued share capital

1

24,095,099

77.24%

7,100,000

22.76%

31,195,099

61.69%

2

31,133,619

99.86%

45,000

0.14%

31,178,619

61.65%

3

31,133,619

99.86%

45,000

0.14%

31,178,619

61.65%

4

31,178,619

100.00%

0

0.00%

31,178,619

61.65%

5

24,033,619

77.08%

7,145,000

22.92%

31,178,619

61.65%

6

24,033,619

77.08%

7,145,000

22.92%

31,178,619

61.65%

7

31,195,099

100.00%

0

0.00%

31,195,099

61.69%

8

31,195,099

100.00%

0

0.00%

31,195,099

61.69%

9

23,940,099

76.74%

7,255,000

23.26%

31,195,099

61.69%

10

23,985,099

77.16%

7,100,000

22.84%

31,085,099

61.47%

11

24,095,099

77.24%

7,100,000

22.76%

31,195,099

61.69%

 

The Company's largest institutional shareholder, Business Growth Fund ("BGF"), voted against ordinary resolutions 1, 5 and 6 and special resolutions 9, 10 and 11.  The board is disappointed that BGF elected to have no engagement with the Company regarding these resolutions prior to casting its votes and notes that BGF is isolated among the Company's shareholders in its decision to vote in this manner.  It also notes that special resolutions 9, 10 and 11 are administrative resolutions recognised and recommended within the Pre-Emption Group's Statement of Principles and are considered standard across UK public markets; consequently, the board finds BGF's votes against these resolutions perplexing.   

The board continues to follow a strategic path agreed with all other major shareholders, including institutions, other than BGF and remains confident that path is in the long-term interest of all stakeholders.

 

GetBusy plc

investors@getbusy.com

Cavendish Capital Markets Limited (Nominated Adviser and Broker)

Matt Goode / Charlie Beeson / Trisyia Jamaludin (Corporate Finance)

Harriet Ward (ECM)

 

   +44 (0)20 7220 0500

 

About GetBusy

GetBusy's specialist productivity software solutions enable growing businesses to work securely and efficiently with their customers, suppliers and teams anytime, anywhere.  Our solutions can be delivered flexibly across cloud, mobile, hosted and on-premise platforms, whilst integrating seamlessly with a wide variety of other class-leading core business systems.

With over 73,000 paying users and over 3 million collaborators across multiple market sectors and jurisdictions, GetBusy is an established and fast-growing SaaS business delivering sustained double-digit growth in high-quality recurring subscription revenue over the long term.

Further information on the Group is available at www.getbusyplc.com

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Getbusy (GETB)
UK 100

Latest directors dealings