Result of AGM

RNS Number : 6289I

Zanaga Iron Ore Company Ltd

26 July 2012

 



ZANAGA IRON ORE COMPANY LIMITED

('Zanaga' or the "Company")

Results of AGM

Zanaga (AIM:ZIOC) is pleased to announce the following outcome of the resolutions put to the Annual General Meeting of shareholders held earlier today. All resolutions were taken on a Poll in accordance with the Articles of Association.

Resolution 1: Resolution to adopt the Company's annual accounts and reports

The resolution was passed, and the total number of votes cast was as follows:

	Number	% of Vote	% of Issued Capital
For:	262,673,373	99.41	93.67
Against:	1,569,141	0.59	0.56
Abstain:	0	0	0
Discretionary:	0	0	0
TOTAL:	264,242,514	100	94.23

Resolution 2: Resolution to adopt the directors' remuneration report

The resolution was passed, and the total number of votes cast was as follows:

	Number	% of Vote	% of Issued Capital
For:	259,080,068	98.05	92.39
Against:	5,162,446	1.95	1.84
Abstain:	0	0	0
Discretionary:	0	0	0
TOTAL:	264,242,514	100	94.23

Resolution 3: Re-election of Director - Mr Clifford Elphick

The resolution was passed, and the total number of votes cast was as follows:

	Number	% of Vote	% of Issued Capital
For:	254,119,914	96.17	90.62
Against:	10,122,600	3.83	3.61
Abstain:	0	0	0
Discretionary:	0	0	0
TOTAL:	264,242,514	100	94.23

Resolution 4: Re-election of Director - Mr Michael Haworth

The resolution was passed, and the total number of votes cast was as follows:

	Number	% of Vote	% of Issued Capital
For:	254,111,662	96.17	90.62
Against:	10,130,852	3.83	3.61
Abstain:	0	0	0
Discretionary:	0	0	0
TOTAL:	264,242,514	100	94.23

Resolution 5: Re-appointment of the auditors

The resolution was passed, and the total number of votes cast was as follows:

	Number	% of Vote	% of Issued Capital
For:	263,437,795	99.70	93.94
Against:	804,719	0.30	0.29
Abstain:	0	0	0
Discretionary:	0	0	0
TOTAL:	264,242,514	100	94.23

Resolution 6: Authorise the directors to approve the auditor's remuneration

The resolution was passed, and the total number of votes cast was as follows:

	Number	% of Vote	% of Issued Capital
For:	263,437,795	99.70	93.94
Against:	804,719	0.30	0.29
Abstain:	0	0	0
Discretionary:	0	0	0
TOTAL:	264,242,514	100	94.23

Resolution 7: Authority to issue shares

The resolution was passed, and the total number of votes cast was as follows:

	Number	% of Vote	% of Issued Capital
For:	264,231,484	100	94.23
Against:	0	0	0
Abstain:	11,030	0	0
Discretionary:	0	0	0
TOTAL:	264,242,514	100	94.23

Resolution 8: Disapplication of pre-emption rights

The resolution was passed, and the total number of votes cast was as follows:

	Number	% of Vote	% of Issued Capital
For:	261,561,590	98.99	93.27
Against:	2,669,894	1.01	0.95
Abstain:	11,030	0	0
Discretionary:	0	0	0
TOTAL:	264,242,514	100	94.23

Resolution 9: Authority to make on market purchases of shares

The resolution was passed, and the total number of votes cast was as follows:

	Number	% of Vote	% of Issued Capital
For:	261,572,620	98.99	93.27
Against:	2,669,894	1.01	0.95
Abstain:	0	0	0
Discretionary:	0	0	0
TOTAL:	264,242,514	100	94.23

Authorised by

Mr Clifford Elphick

Non-Executive Chairman

Zanaga UK Services Limited                                                                              

Corporate Development and Investor Relations                                                                                                               

Andrew Trahar

[phone]

Liberum Capital Limited

Nominated Adviser, Financial Adviser and Joint Corporate Broker

Chris Bowman, Christopher Britton

and Christopher Kololian

[phone]

Citigroup Global Markets Limited

Joint Corporate Broker                                                                                                                                  

Alex Carter

[phone]

Pelham Bell Pottinger

Financial PR

Charles Vivian and James MacFarlane

[phone]

 

END

 

 

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