Result of General Meeting

RNS Number : 1261P

Spinnaker Opportunities PLC

15 February 2021

 

15 February 2021

Kanabo Group Plc

("Kanabo" or the "Company")

Result of General Meeting

Kanabo Group Plc (formerly Spinnaker Opportunities Plc) is pleased to announced that at the General Meeting of the Company's shareholders held today, all resolutions were duly passed. The Company therefore expects that Admission and the first day of dealings will take place tomorrow, Tuesday 16 February 2021.

All resolutions were put to the meeting and approved on a poll and the results are detailed below.

Resolutions	For		Against		Total of Issued Share Capital		Abstained *
	Votes	%	Votes	%	Votes	%	Votes	%
Ordinary Resolutions
1.To approve of the Waiver	5,497,587	92.4%	453,217	7.6	5,950,804	20.2	10,922,409	37.2
2. To authorise the Directors to issue and allot new shares	16,873,213	100	0	0	16,873,213	57.4	0	0
3. To renew the Directors' authority to issue and allot new shares	16,873,213	100	0	0	16,873,213	57.4	0	0
Special Resolutions
4. To disapply pre-emption rights for Resolution 2	16,773,213	99.3	100,000	0.7	16,873,213	57.4	0	0
5. To disapply pre-emption rights for Resolution 3	16,773,213	99.3	100,000	0.7	16,873,213	57.4	0	0
6. To change the Company's name	16,873,213	100	0	0	16,873,213	57.4	0	0

* The votes marked as abstained on Resolution 1 correspond to Directors and other shareholders who participated in the recent fundraising, who were regarded as interested parties and therefore not eligible to vote on this resolution.

The total number of shares on the register at 10 am on 11 February 2021, being those eligible to be voted on at the GM, was 29,400,120.

For further information, please visit http://www.spinnakeropportunities.uk/ or contact the following:

Kanabo Group Plc (formerly known as Spinnaker Opportunities Plc)

Tel: [phone]

Andy Morrison

Peterhouse Capital Limited (Financial Adviser)

Tel: [phone]

Eran Zucker / Guy Miller / Allie Feuerlein

Peterhouse Capital Limited (Corporate Broker)

Lucy Williams / Charles Goodfellow

SI Capital (Placing Agent)

Tel: [phone]

Nick Emerson / Greg Mahoney

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

 

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