Result of AGM

Sportech PLC

30 May 2023

 

30 May 2023

SPORTECH PLC

('Sportech', the 'Company' or the 'Group')

Result of Annual General Meeting

The Annual General Meeting of Sportech plc was held today, Tuesday, 30 May 2023 and all resolutions put to the AGM were voted on by poll and were passed by shareholders. The results of the poll voting are given below:

 The results were as follows:

Resolution	For		Against		Withheld	Total votes cast
	No. of votes	%	No. of votes	%
1.    Ordinary Resolution - to receive and adopt the Annual Report and Accounts	63,914,291	100.00%	0	0.00%	5,240	63,914,291
2.    Ordinary Resolution - to receive and approve the Directors' Remuneration Report	63,889,283	99.95%	30,248	0.05%	0	63,919,531
3.    Ordinary Resolution - to elect Paul Humphreys as a Director	63,914,291	99.99%	5,240	0.01%	0	63,919,531
4.    Ordinary Resolution - to re-elect Richard McGuire as a Director	63,889,283	99.95%	30,248	0.05%	0	63,919,531
5.    Ordinary Resolution - to re-elect Clive Whiley as a Director	63,914,291	99.99%	5,240	0.01%	0	63,919,531
6.    Ordinary Resolution - to re-appoint BDO LLP as auditors	63,912,970	99.99%	6,561	0.01%	0	63,919,531
7.    Ordinary Resolution - to authorise the Directors to determine the auditor's fees	63,914,291	99.997%	2,000	0.003%	3,240	63,916,291
8.    Ordinary Resolution - to authorise the Company to make political donations	63,879,975	99.94%	39,556	0.06%	0	63,919,531
9.  Ordinary Resolution - To authorise the Directors to allot shares	63,889,283	99.95%	30,248	0.05%	0	63,919,531
10.  Special Resolution - To authorise the Directors to disapply pre-emption rights (general authority)	63,887,296	99.95%	32,235	0.05%	0	63,919,531
11.  Special Resolution - To disapply pre-emption rights (specific capital investment)	63,887,296	99.95%	32,235	0.05%	0	63,919,531
12.  Special Resolution - To authorise the Directors to make market purchases of the Company's own Ordinary shares.	63,884,283	99.94%	35,248	0.06%	0	63,919,531
13.  Special Resolution - To authorise calling of a general meeting other than annual general meetings on 14 clear days' notice.	63,889,283	99.95%	30,248	0.05%	0	63,919,531

Statement regarding voting results

The Company welcomes shareholder engagement and appreciates continued support, noting the passing of all proposed Resolutions.

Notes:

A vote withheld is not a vote in law and is not counted in the calculation of the percentage of the votes validly cast for or against a resolution.

As at the time of the meeting, the Company had 100,000,000 ordinary shares of 1 pence each in issue and as such this has been used to calculate the percentage of votes in favour or against each resolution. Each of these shares carry one vote.  The Company held no shares in treasury.

Publication on website

A copy of this announcement and he proxy figures for the resolutions is also available on the Company's website at www.sportechplc.com.

Contacts:

Sportech PLC Richard McGuire, Non-Executive Chairman Clive Whiley, Senior Independent Director	[e-mail]
Peel Hunt  (Nominated Adviser & Broker) George Sellar Andrew Clark Lalit Bose	Tel: [phone]

Notes to Editors:

About Sportech

Sportech operates in the gaming market and has two main businesses. Firstly, it runs Sports Bars and other betting venues in Connecticut, USA, where it has an exclusive license to offer pari-mutuel wagering, it also has a distribution agreement with the Connecticut Lottery Corporation to provide retail sports betting. Secondly, Sportech provides online gaming through two separate lines of business. Mywinners.com operates under an exclusive license to offer pari-mutuel betting online in Connecticut, while 123bet.com offers pari-mutuel betting online across the wider USA.

 

END