Approval of resolutions at AGM

Mirriad Advertising PLC

30 June 2023

 

30 June 2023

Mirriad Advertising plc

("Mirriad" or the "Company")

Approval of resolutions at AGM

Mirriad Advertising plc, the leading in-content advertising company, announces that on 30 June 2023, it held its annual general meeting of shareholders (the "Meeting").

During the business proceedings at the Meeting, Mirriad shareholders passed all resolutions as follows:  

	VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISC VOTED	VOTES WITHELD
Resolution 1 - Receive Report and Accounts	137,797,977	99.94	78,515	0.06	137,876,492	28.18	35,313
Resolution 2 - Approve Remuneration Report	126,667,977	91.87	11,208,515	8.13	137,876,492	28.18	35,313
Resolution 3 - Re-appoint auditor	137,765,663	99.92	108,515	0.08	137,874,178	28.18	37,627
Resolution 4 - Remuneration of auditor	137,757,977	99.91	118,515	0.09	137,876,492	28.18	35,313
Resolution 5 -Election of Nicole McCormack	126,665,663	91.87	11,208,515	8.13	137,874,178	28.18	37,627
Resolution 6 - Election of JoAnna Foyle	137,765,663	99.92	108,515	0.08	137,874,178	28.18	37,627
Resolution 7 - Re-elect Bob Head	126,665,663	91.87	11,208,515	8.13	137,874,178	28.18	37,627
Resolution 8 - Authority to allot shares	137,767,977	99.92	108,515	0.08	137,876,492	28.18	35,313
Resolution 10 - Disapplication of pre-emption rights	137,759,116	99.90	139,376	0.10	137,898,492	28.18	13,313

Notes:

1.     All resolutions were passed.

2.     The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting made available on the Company's website at mirriadplc.com/investor-relations/reports-and-documents.

John Pearson, Chairman of Mirriad, said: "The past six months has been a busy one for the Company as we undertook a Strategic Review concluding with the successful Placing and Open Offer and we have made significant technical progress towards our programmatic future.  I am pleased that shareholders have recognised this today by approving the resolutions put before them. Management is now focused on delivering against the KPIs outlined in the annual report, further scaling the business and building long-term shareholder value."

ENDS

Enquiries:

For further information please visit www.mirriad.com or contact:

Mirriad Advertising plc Stephan Beringer, Chief Executive Officer David Dorans, Chief Financial Officer	Tel: [phone]
Financial Adviser, Nominated Adviser & Joint Broker: Panmure Gordon   James Sinclair-Ford / Daphne Zhang (Corporate Advisory) Rupert Dearden (Corporate Broking)	Tel: [phone]
Financial Communications: Charlotte Street Partners             Tom Gillingham Fergus McGowan	Tel: [phone] Tel: [phone]

About Mirriad

Mirriad's award-winning solution unleashes new revenue for content producers and distributors by creating new advertising inventory in content. Our patented, AI and computer vision technology dynamically inserts products and innovative signage formats after content is produced. Mirriad's market-first solution seamlessly integrates with existing subscription and advertising models, and dramatically improves the viewer experience by limiting commercial interruptions. 

Mirriad currently operates in the US, Europe and the Middle East.

 

END