Result of AGM

RNS Number : 4411G

SolGold PLC

29 June 2012

 



29 June 2012

Announcement to London Stock Exchange

SolGold plc

Results of Annual General Meeting

Solomon Gold plc (AIM: SOGL) confirms that all resolutions put to shareholders were duly passed by a show of hands at the Company's Annual General Meeting, held on 28 June 2012 at 4.00pm in Brisbane, Australia.

A breakdown of proxy votes is set out below:

		Votes for (1)	% (2)	Votes against	% (2)	Abstain (3)
	Ordinary Business
1.   To receive the Company's financial statements and the report of the Directors and auditors for the year ended 30 June 2011.		133,472,324	99.91%	87,764	0.07%	35,000
2.   To re-elect Brian Moller as a Director of the Company.		133,405,954	99.86%	187,965	0.14%	1,169
3.   To re-elect John Bovard as a Director of the Company.		133,405,954	99.86%	187,965	0.14%	1,169
4.   To re-elect Malcolm Norris as a Director of the Company.		133,405,954	99.86%	187,965	0.14%	1,169
5.   To re-appoint PKF (UK) LLP as auditors of the Company.		133,497,405	99.93%	85,530	0.06%	12,153
6.   That Malcolm Norris, a Director of the Company, be granted 1.2 million options on the terms and conditions set out in full in the Notice of Meeting.		133,080,475	99.61%	475,860	0.36%	38,753
7.   That the Directors be generally and unconditionally authorised for the purposes of section 551 of the Companies Act 2006 ("Act") to exercise all the powers of the Company to allot equity securities in the Company up to an aggregate nominal amount of £1,200,000.		133,314,875	99.79%	256,460	0.19%	23,753
8.   To approve the SolGold Plc Employee Share Plan.		133,147,228	99.66%	425,860	0.32%	22,000
9.   That, subject to, and conditional upon the passing of Resolution 8, the Company be authorised to create and issue Convertible Redeemable Preference Shares of 1p each.		133,313,251	99.79%	261,837	0.26%	20,000

		Votes for (1)	% (2)	Votes against	% (2)	Abstain (3)
	Special Business
10	That, subject to the passing of resolution 7, the Directors be empowered pursuant to section 570 of the Act to allot equity securities as if section 561(1) of the Act did not apply.	133,204,498	99.71%	366,837	0.27%	23,753

Notes:

(1)   Any proxy appointments which gave discretion to the Chairman have been included in the "for" total.

(2)   As a percentage of the aggregate of votes "for" plus votes "against".

(3)   An abstention is not counted towards the votes cast "for" or "against" a resolution.

Terms used in this announcement shall have the same meaning as defined in the Notice of Meeting dated 25 May 2012.

Contacts:

Mr Karl Schlobohm                                                                                                         Tel: [phone]

SolGold Plc (Company Secretary)

[e-mail] 

Mr Ewan Leggat                                                                                                                Tel: [phone]

Fairfax I.S. PLC (Broker)

[e-mail] 

Mr Stephen Weir                                                                                                            Tel: [phone]

RFC Ambrian Limited (Nominated Advisor)

[e-mail] 

Mr Dominic Barretto                                                                                                      Tel: [phone]

Yellow Jersey PR (PR &IR)

[e-mail] 

 

END

 

 

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