Result of General Meeting and Total Voting Rights

RNS Number : 8835P

Sabien Technology Group PLC

22 February 2021

 

22 February 2021

Sabien Technology Group plc

("Sabien" or the "Company")

Result of General Meeting

Total Voting Rights

The Board of Sabien is announces that at its General Meeting held earlier today, all resolutions were duly passed. As a result, the 418,604,651 Placing Shares and 2,500,000,000 ordinary shares being issued pursuant to the conversion of the CULs, as announced on 3 February 2021, are expected to be admitted to trading on AIM on or around 24 February 2021 ("Admission").

The proxy voting results of the resolutions proposed at the General Meeting are copied below:

Resolution	Votes For*	% of votes cast	Votes Against	% of votes cast	Votes Withheld**	Total votes cast**
Ordinary resolution
1. To authorise the issue of new ordinary shares	171,989,541	78.68%	46,594,657	21.32%	1,840,207	218,584,198
Special resolution
2. To disapply pre-emption rights in relation to the allotment of new ordinary shares	172,333,808	78.84%	46,248,928	21.16%	1,841,669	218,582,736

**Votes "For" include votes giving the Chairman discretion.

**"Votes Withheld" are not votes in law and do not count in the number of votes counted for or against a resolution.

Total Voting Rights

Following Admission, the Company will have 4,372,277,808 ordinary shares of 0.01p each in issue, each with one voting right. There are no shares held in treasury. Therefore, the Company's total number of ordinary shares and voting rights is 4,372,277,808.

The above figure of 4,372,277,808 may be used by shareholders from Admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Defined terms used in this announcement shall have the same meaning as in the announcement of 3 February 2021 unless otherwise defined herein.

For Further Information: Sabien Technology Group plc Richard Parris, Executive Chairman	[phone]
Allenby Capital Limited (Nominated Adviser) John Depasquale / Asha Chotai	[phone]
Peterhouse Capital Limited (Broker)  Duncan Vasey / Lucy Williams	[phone]
The person who arranged for the release of this announcement on behalf of the Company was Richard Parris, Executive Chairman. A copy of this announcement will be available from the Company's website at  www.sabien-tech.co.uk  .

 

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