Result of AGM

RNS Number : 7874U

Sylvania Platinum Limited

30 December 2011

 



Sylvania Platinum Limited

("Sylvania Platinum", "Sylvania" or the "Company")

(ASX: SLP, AIM: SLP)

RESULTS OF ANNUAL GENERAL MEETING

The Directors of Sylvania advise the following ordinary resolutions placed before shareholders at the Annual General Meeting, held in Bermuda on 29 December 2011, were approved as follows:

Resolution 1. as set out in the Notice of Meeting to Elect Mr Roger Williams as a director was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i        there were 199,535,835 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii        there were 0 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii       there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv       there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 2. as set out in the Notice of Meeting to Re-elect Mr Grant Button as a director was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i        there were 176,079,894 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii        there were 20,427,041 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii       there were 3,028,900 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv       there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 3. as set out in the Notice of Meeting for Authorisation to fill vacancies on Board was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i        there were 199,535,835 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii        there were 0 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii       there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv       there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 4. as set out in the Notice of Meeting for the Establishment of Option Plan was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i        there were 184,025,695 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii        there were 15,510,140 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii       there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv       there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 5. as set out in the Notice of Meeting to Grant Options to Mr Richard Rossiter under the Option Plan was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i        there were 156,116,051 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii        there were 38,966,081 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii       there were 4,453,703 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv       there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 6. as set out in the Notice of Meeting to Grant Options to Mr Terry McConnachie under the Option Plan was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i        there were 156,116,051 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii        there were 38,966,081 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii       there were 4,453,703 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv       there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 7. as set out in the Notice of Meeting to Grant Options to Mr Louis Carroll under the Option Plan was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i        there were 156,116,051 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii        there were 38,966,081 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii       there were 4,453,703 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv       there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 8. as set out in the Notice of Meeting to Grant Options to Mr Grant Button under the Option Plan was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i        there were 156,116,051 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii        there were 38,966,081 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii       there were 4,453,703 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv       there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 9. as set out in the Notice of Meeting to Grant Options to Mr Roger Williams under the Option Plan was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i        there were 156,116,051 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii        there were 38,966,081 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii       there were 4,453,703 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv       there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

Resolution 10. as set out in the Notice of Meeting Appointment of Auditor was passed by a show of hands. Proxy details in respect of this resolution were as follows:

i        there were 199,535,835 proxy votes in respect of which the appointments specified that the proxy vote for the resolution;

ii        there were 0 proxy votes in respect of which the appointments specified that the proxy vote against the resolution;

iii       there were 0 proxy votes in respect of which the appointments specified that the proxy abstain on the resolution; and

iv       there were 0 proxy votes in respect of which the appointments specified that the proxy may vote at the proxy's discretion.

 Ends

For further information please contact: 

South Africa Terence McConnachie (CEO)  Sylvania Platinum Limited [phone] Louis Carroll (FD/Joint Company Secretary) Sylvania Platinum Limited [phone]	Australia Richard Rossiter (Chairman) Sylvania Platinum Limited [phone] Grant Button (Director/Joint Company Secretary) Sylvania Platinum Limited [phone]
United Kingdom Nominated Adviser Ambrian Partners Limited Anthony Rowland [phone] Broker RBC Europe Limited Martin Eales/James Kelly [phone]	Communications Laurence Read/Beth Harris Threadneedle Communications [phone]

 

END

 

 

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