Result of Meeting

RNS Number : 5607O

Scotgold Resources Ltd

21 August 2017

 

21 August 2017

Scotgold Resources Limited (AIM:SGZ)

("Scotgold" or the "Company")

Result of General Meeting and Share Consolidation

The Company confirms that the resolution put to shareholders at the General Meeting ("GM") held today, 21 August 2017, was carried on a show of hands. 

In accordance with Section 251AA (1) of the Corporations Act, the following information is provided in relation to the resolutions considered by shareholders at the GM.

The Company received 38 valid proxies representing 10,231,719 ordinary shares who directed their voting preferences as follows:

No.	Resolution	For	Against	Abstain	Discretionary
1.	Consolidation of Capital	9,819,146	342,001	0	70,572

The company will now undertake a consolidation of share capital on a 100 for 1 basis (the "Share Consolidation"), as set out in the announcement released by the Company at 09:17 a.m. on 21 July 2017, in accordance with the timetable set out below:

Action	Date
Resolution Approved	21 August 2017
Last day for pre-Consolidation trading on AIM	24 August 2017
Last day for Company to register transfers on a pre-Consolidation basis (Record Date 5pm (BST))	24 August 2017
Post-Consolidation trading starts on AIM	25 August 2017
Consolidation is effected on the Australian share and UK Depositary Interest registers	25 August 2017

Statistics relating to the Share Consolidation

New ISIN	AU000XINEAK5
New SEDOL	BF7TTV8
TIDM (unchanged)	SGZ

The Company will make a further announcement in relation to total voting rights once the final number of new ordinary shares in the Company is calculated and confirmed at the record date. For further information please contact:

Scotgold Resources Limited	Stockdale Securities Limited	Capital Markets Consultants	Smaller Company Capital  Ltd
Richard Gray - CEO	Robert Finlay/  Ed Thomas	Simon Rothschild	Rupert Williams
Tel: [phone]	Tel: [phone]	Tel [phone]	Tel: [phone]

 

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