Results of Annual General Meeting

RNS Number : 3399I

MC Mining Limited

23 November 2018

 

ANNOUNCEMENT                                                                                                           23 November 2018

RESULTS OF ANNUAL GENERAL MEETING

The Directors of MC Mining Limited (the "Company" or "MC Mining") are pleased to announce that at the Annual General Meeting of Shareholders held earlier today, the resolutions put to the meeting were passed unanimously by a show of hands.

In accordance with Australian Stock Exchange Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act 2001, the Company hereby provides the following information on proxy votes received for each resolution:

	For	Against	Proxy Discretion	Abstain	Excluded
Resolution 1: Adoption of Remuneration Report	53,308,237	13,142,541	3,465	55,377	68,553
Resolution 2: Re-election of Director - David Brown	66,501,468	18,273	3,465	54,967	-
Resolution 3: Re-election of Director - Thabo Mosololi	66,465,300	53,531	3,465	55,877	-
Resolution 4: Election of Director - Brenda Berlin	66,499,363	19,301	3,465	56,044	-
Resolution 5: Election of Director - An Chee Sin	53,384,704	70,391	3,465	13,119,613	-
Resolution 6: Election of Director - Brian He Zhen	55,383,469	70,221	3,615	13,120,868	-
Resolution 7: Grant of Performance Rights to Director - David Brown	53,369,876	13,150,297	3,465	54,535	-
Resolution 8: Grant of Performance Rights to Director - Brenda Berlin	53,370,006	13,150,714	3,731	53,722	-
Resolution 9: Approval of Performance Rights Plan	53,415,590	13,088,817	3,231	70,535	-
Resolution 10: Approval of Potential Termination Benefits under Performance Rights Plan	53,380,522	13,097,677	30,694	69,280	-
Resolution 11: Change of Auditor	66,456,639	18,265	3,381	99,888	-

AUTHORISED BY:

Tony Bevan

Company Secretary

For more information contact:
David Brown	Chief Executive Officer	MC Mining Limited	[phone]
Brenda Berlin	Chief Financial Officer	MC Mining Limited	[phone]
Tony Bevan	Company Secretary	Endeavour Corporate Services	[phone]
Company advisors:
Jos Simson/ Gareth Tredway	Financial PR (United Kingdom)	Tavistock	[phone]
Ross Allister/David McKeown	Nominated Adviser and Broker	Peel Hunt LLP	[phone]
Charmane Russell/Olwen Auret	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. MCM's key projects include the Uitkomst Colliery (metallurgical and thermal coal), Makhado Project (coking and thermal coal). Vele Colliery (coking and thermal coal), and the Greater Soutpansberg Projects (MbeuYashu).

Forward-Looking Statements

This Announcement, including information included or incorporated by reference in this Announcement, may contain "forward-looking statements" concerning MC Mining that are subject to risks and uncertainties. Generally, the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or similar expressions identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond MCM's ability to control or estimate precisely, such as future market conditions, changes in regulatory environment and the behaviour of other market participants. MCM cannot give any assurance that such forward-looking statements will prove to have been correct. The reader is cautioned not to place undue reliance on these forward looking statements. MCM assumes no obligation and do not undertake any obligation to update or revise publicly any of the forward-looking statements set out herein, whether as a result of new information, future events or otherwise, except to the extent legally required.

Statements of intention

Statements of intention are statements of current intentions only, which may change as new information becomes available or circumstances change.

Regulatory

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

END

 

 

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