Result of Annual General Meeting

RNS Number : 6331V

MC Mining Limited

14 December 2021

 

ANNOUNCEMENT  14 December 2021

RESULTS OF ANNUAL GENERAL MEETING

MC Mining Limited ("MC Mining" or the "Company") advises the outcome of resolutions put to shareholders at the Company's Annual General Meeting ("AGM") held today, 14 December 2021.

1.  Resolution 1: Adoption of Remuneration Report

Passed on a poll as a non-binding resolution.

2.  Resolution 2: Re-election of Director - Khomotso Mosehla

Passed on a poll as an ordinary resolution.

3.  Resolution 3: Re-election of Director - Bernard Pryor

Passed on a poll as an ordinary resolution.

4.  Resolution 4: Election of Director - Junchao Liu

Passed on a poll as an ordinary resolution.

5.  Resolution 5: Approval of 7.1A Mandate

Passed on a poll as a special resolution.

6.  Resolution 6: Approval of Performance Rights Plan

Passed on a poll as an ordinary resolution.

7.  Resolution 7: Removal of Auditor

Passed on a poll as an ordinary resolution.

8.  Resolution 8: Appointment of Auditor to replace Auditor removed from office

Passed on a poll as a special resolution.

9.  Resolution 9: Grant of Incentive Performance Rights to Director - Sebastiano Randazzo

Passed on a poll as an ordinary resolution.

10.  Resolution 10: Grant of Incentive Performance Rights to Director - Bernard Pryor

Passed on a poll as an ordinary resolution.

11.  Resolution 11: Grant of Incentive Performance Rights to Director - Khomotso Mosehla

Passed on a poll as an ordinary resolution.

12.  Resolution 12: Grant of Incentive Performance Rights to Director - An Chee Sin

Passed on a poll as an ordinary resolution.

13.  Resolution 13: Grant of Incentive Performance Rights to Director - Brian He

Passed on a poll as an ordinary resolution.

14.  Resolution 14: Grant of Incentive Performance Rights to Director - Junchao Liu

Passed on a poll as an ordinary resolution.

15.  Resolution 15: Grant of Incentive Performance Rights to Director - Andrew Mifflin

Passed on a poll as an ordinary resolution.

16.  Resolution 16: Grant of Performance Rights to Director - Sebastiano Randazzo

Passed on a poll as an ordinary resolution.

In accordance with Australian Stock Exchange Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act 2001, the attached information is provided in relation to the resolutions passed by members of the Company at the AGM and proxies received in respect of each resolution put to shareholders.

AUTHORISED BY:

Tony Bevan

Company Secretary

ASX:  MCM / AIM: MCM.L / JSE: MCZ

For more information contact:
Sam Randazzo	Chief Executive Officer	MC Mining Limited	[phone]
Tony Bevan	Company Secretary	Endeavour Corporate Services	[phone]
Company advisors:
James Harris / James Dance	Nominated Adviser	Strand Hanson Limited	[phone]
Rory Scott	Broker (AIM)	Tennyson Securities	[phone]
James Duncan	Financial PR (South Africa)	R&A Strategic Communications	[phone]
Investec Bank Limited is the nominated JSE Sponsor

About MC Mining Limited

MC Mining is an AIM/ASX/JSE-listed coal exploration, development and mining company operating in South Africa. MC Mining's key projects include the Uitkomst Colliery (metallurgical and thermal coal), Makhado Project (hard coking coal). Vele Colliery (semi-soft coking and thermal coal), and the Greater Soutpansberg Projects (coking and thermal coal).

The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2.

Resolution details		Instructions given to validly appointed proxies (as at proxy close)				Number of votes cast on the poll (where applicable)			Resolution Result
Resolution	Resolution Type	For	Against	Proxy Discretion	Abstain	For	Against	Abstain	Carried/ Not Carried
Resolution 1: Adoption of Remuneration Report	Non-binding	44,552,875 99.83%	78,065 0.17%	1,311 0.00%	6,984,284	44,554,186 99.83%	78,065 0.17%	6,984,284	Carried
Resolution 2: Re-election of Director - Khomotso Mosehla	Ordinary	44,579,794 87.02%	6,648,746 12.98%	1,311 0.00%	386,684	44,581,105 87.02%	6,648,746 12.98%	386,684	Carried
Resolution 3: Re-election of Director - Bernard Pryor	Ordinary	51,179,310 99.90%	49,216 0.10%	1,311 0.00%	386,698	51,180,621 99.90%	49,216 0.10%	386,698	Carried
Resolution 4: Election of Director - Junchao Liu	Ordinary	51,184,646 99.92%	43,380 0.08%	1,311 0.00%	387,198	51,185,957 99.92%	43,380 0.08%	387,198	Carried
Resolution 5: Approval of 7.1A Mandate	Special	44,552,471 87.52%	6,351,476 12.48%	1,311 0.00%	711,277	44,553,782 87.52%	6,351,476 12.48%	711,277	Carried
Resolution 6: Approval of Performance Rights Plan	Ordinary	44,782,586 87.42%	6,447,291 12.58%	1,311 0.00%	385,347	44,783,897 87.42%	6,447,291 12.58%	385,347	Carried
Resolution 7: Removal of Auditor	Ordinary	44,878,810 87.60%	6,350,105 12.40%	1,311 0.00%	386,309	44,880,121 87.60%	6,350,105 12.40%	386,309	Carried
Resolution 8: Appointment of Auditor to replace Auditor removed from office	Special	44,878,796 87.60%	6,352,070 12.40%	1,311 0.00%	384,358	44,880,107 87.60%	6,352,070 12.40%	384,358	Carried
Resolution 9: Grant of Incentive Performance Rights to Director - Sebastiano Randazzo	Ordinary	44,414,440 86.60%	6,823,623 13.40%	1,161 0.00%	677,161	44,415,601 86.60%	6,823,623 13.40%	677,161	Carried
Resolution 10: Grant of Incentive Performance Rights to Director - Bernard Pryor	Ordinary	44,399,398 87.16%	6,538,665 12.84%	1,161 0.00%	677,161	44,400,559 87.16%	6,538,665 12.84%	677,161	Carried
Resolution 11: Grant of Incentive Performance Rights to Director - Khomotso Mosehla	Ordinary	44,114,454 86.60%	6,823,623 13.40%	1,161 0.00%	677,147	44,115,615 86.60%	6,823,623 13.40%	677,147	Carried
Resolution 12: Grant of Incentive Performance Rights to Director - An Chee Sin	Ordinary	44,397,798 87.16%	6,540,265 12.84%	1,161 0.00%	677,161	44,398,959 87.16%	6,540,265 12.84%	677,161	Carried
Resolution 13: Grant of Incentive Performance Rights to Director - Brian He Zhen	Ordinary	44,144,440 86.60%	6,823,623 13.40%	1,161 0.00%	677,161	44,145,601 86.60%	6,823,623 13.40%	677,161	Carried
Resolution 14: Grant of Incentive Performance Rights to Director - Junchao Liu	Ordinary	44,144,440 86.60%	6,823,623 13.40%	1,161 0.00%	677,161	44,145,601 86.60%	6,823,623 13.40%	677,161	Carried
Resolution 15: Grant of Incentive Performance Rights to Director - Andrew Mifflin	Ordinary	44,399,502 87.16%	6,538,665 12.84%	1,161 0.00%	677,147	44,400,663 87.16%	6,538,665 12.84%	677,147	Carried
Resolution 16: Grant of Performance Rights to Director - Sebastiano Randazzo	Ordinary	44,144,440 86.60%	6,823,623 13.40%	1,161 0.00%	677,161	44,145,601 86.60%	6,823,623 13.40%	677,161	Carried

NB. Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

 

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