Results of General Meeting

RNS Number : 2692B

Digital Barriers plc

05 January 2015

 



THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

For immediate release

5 January 2015

Digital Barriers plc

Result of General Meeting

On 16 December 2014, Digital Barriers plc (AIM: DGB) ("Digital Barriers", the "Company" and, together with its subsidiary undertakings, the "Group"), the specialist provider of advanced surveillance technologies to the international homeland security and defence markets, announced the proposed Placing of 19,864,865 new Ordinary Shares at 37.0 pence per share.  The Placing was subject, inter alia, to approval by Shareholders of the Resolutions set out in the Notice of General Meeting.

The Company is pleased to announce that all of the Resolutions were passed unanimously on a show of hands at the General Meeting which took place earlier today.

The proxy voting results for the Resolutions were as follows:

Resolution 1: ordinary resolution to authorise the Directors to allot relevant securities

	Number of Ordinary Shares voted	Percentage of Ordinary Shares voted
For	52,760,295	100
Against	Nil	Nil
Withheld	Nil	Nil
Total votes cast	52,760,295

Resolution 2: special resolution to approve the disapplication of pre-emption rights

	Number of Ordinary Shares voted	Percentage of Ordinary Shares voted
For	52,760,295	100
Against	Nil	Nil
Withheld	Nil	Nil
Total votes cast	52,760,295

 

 A vote withheld is not a vote in law and does not count in the total of votes cast.

Any proxy appointments which gave discretion to the chairman of the meeting have been included in the 'For' total.

The issued share capital of the Company eligible to vote on the Resolutions is 64,624,616 Ordinary Shares of one penny each.

The Placing remains conditional, inter alia, upon Admission. Admission is expected to become effective at 8.00 a.m. on 6 January 2015.

Terms defined in the circular dated 16 December 2014 have the same meaning in this announcement, save where the context otherwise requires.

Digital Barriers plc	[phone]
Tom Black, Non-Executive Chairman Zak Doffman, Chief Executive Office Sharon Cooper, Finance Director
Investec Bank plc - Nominated adviser and Broker to Digital Barriers	[phone]
Andrew Pinder / Patrick Robb Junya Iwamoto / Sebastian Lawrence
FTI Consulting - PR Adviser to Digital Barriers	[phone]
Edward Bridges Matt Dixon

 

END

 

 

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