Results of General Meeting

RNS Number : 3053K

Digital Barriers plc

29 December 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, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

For immediate release

29 December 2015

Digital Barriers plc

Result of General Meeting

On 11 December 2015, Digital Barriers plc (AIM:DGB) ("Digital Barriers", the "Company" and, together with its subsidiary undertakings, the "Group") announced the proposed Placing of 80,571,429 new Ordinary Shares at 35 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	58,451,343	99.99
Against	4,500	0.01
Withheld	Nil	Nil
Total votes cast	58,455,843	100

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

	Number of Ordinary Shares voted	Percentage of Ordinary Shares voted
For	58,451,343	99.99
Against	4,500	0.01
Withheld	Nil	Nil
Total votes cast	58,455,843	100

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 84,534,810 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 30 December 2015.

Terms defined in the circular dated 11 December 2015 have the same meaning in this announcement, save where the context otherwise requires.

For further information, please contact:

Digital Barriers plc                                                           0203 553 5888

Zak Doffman, Chief Executive Officer        

Sharon Cooper, Chief Financial Officer

Investec Investment Banking                                             020 7597 5970

Andrew Pinder / Dominic Emery              

FTI Consulting                                                                  020 3727 1000

Edward Bridges / Matt Dixon / Harry Staight            

About Digital Barriers

Digital Barriers provides visually intelligent solutions to the global surveillance, security and safety markets. We deliver zero-latency streaming and analysis of secure video and related intelligence over wireless networks, including cellular, satellite, IP mesh and cloud, utilising significantly less bandwidth than standard technologies. Our rapidly-installed fixed and mobile solutions for covert, remote and wide-area deployments, as well as vehicle and body-worn applications, have been sold into more than fifty countries, and have been proven in some of the world's most demanding operational environments. We also provide advanced video content analysis and body scanning to identify safety concerns and threats in real-time.

www.digitalbarriers.com  

 

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