Result of AGM

RNS Number : 3979Y

Iconic Labs PLC

31 December 2019

 

31 December 2019

Iconic Labs Plc ("Iconic Labs" or the "Company")

Results of AGM

Iconic Labs plc (AIM: ICON), a multi-divisional new media and technology business, advises that it held its Annual General Meeting ("AGM") yesterday.

All resolutions were duly passed on a poll vote, with the sole exception of resolution 11, which was a special resolution requiring a 75% vote in favour and which was not passed (empowering Directors to allot shares for cash without first offering them to existing shareholders on a pro-rata basis). Resolution 4 was withdrawn. Details of the proxy voting are shown in the table below.

Ordinary resolutions	Votes For	%	Votes Against	%	Votes Total	Votes Withheld
1 Annual report and accounts	236,777,016	91%	2,373,736	1%	259,450,389	20,299,637
2 Directors' remuneration report	234,021,286	90%	5,129,466	2%	259,450,389	20,299,637
3 Directors' remuneration policy	228,408,825	88%	10,741,927	4%	259,450,389	20,299,637
4 Reappointment of directors (David Sefton)	Resolution withdrawn
5 Reappointment of directors (John Quinlan)	236,335,124	91%	2,815,628	1%	259,450,389	20,299,637
6 Reappointment of directors (Liam Harrington)	236,335,124	91%	2,815,628	1%	259,450,389	20,299,637
7 Reappointment of directors (Sam Asante)	236,335,124	91%	2,815,628	1%	259,450,389	20,299,637
8 Re-appointment of auditors	236,777,016	91%	2,373,736	1%	259,450,389	20,299,637
9 Remuneration of auditors	236,777,016	91%	2,373,736	1%	259,450,389	20,299,637
10 Directors' authority to allot shares on a pro-rata basis	144,572,663	56%	114,877,726	44%	259,450,389	-
Special Resolutions
11 Empowering the directors' to disapply statutory pre-emption rights	143,958,825	55%	115,491,564	45%	259,450,389	-
12 Purchase by the Company of its own shares	229,164,555	88%	10,036,197	4%	259,450,389	20,299,637

The full text of each of the resolutions is set out in the Notice of AGM, available on the Company's website (www.iconiclabs.co.uk)

Market Abuse Regulation (MAR) Disclosure - Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

**ENDS**

For further information, please visit the Company's website www.iconiclabs.co.uk or contact:

John Quinlan	Iconic Labs Plc	c/o SBP Tel: [phone]
Damon Heath	Shard Capital Partners LLP	Tel: [phone]
Hugo de Salis	St Brides Partners Limited	Tel: [phone]
David Penson	St Brides Partners Limited	Tel: [phone]

 

END

 

 

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