Result of General Meeting

RNS Number : 5744Y

Eckoh PLC

04 September 2009

 



4 September 2009

Eckoh plc

('Eckoh' or 'the Company')

Result of General Meeting 

The Board of Eckoh is pleased to announce that the resolutions proposed at the General Meeting ('GM') held this morning were rejected by the vast majority of shareholders that voted. 

The voting on the resolutions was as follows:

1.     THAT in accordance with section 168 of the Companies Act 2006 Mr. Peter Reynolds be removed
        from office as a director of the Company with immediate effect.

	IN FAVOUR		AGAINST		Result
	No. of holders	Votes	No. of holders	Votes	Majority against the resolution
Resolution 1	39	53,352,245	575	61,829,245	Against 53.68%

2.     THAT having given notice in writing to the Company of his willingness to act as director, Mr. John
        Samuel be appointed as a director of the Company with immediate effect.

	IN FAVOUR		AGAINST		Result
	No. of holders	Votes	No. of holders	Votes	Majority against the resolution
Resolution 2	34	53,346,245	581	73,650,135	Against 57.99%

3.     THAT Mr. John Samuel be appointed as Chairman of the Remuneration Committee of the
        Company with immediate effect.

	IN FAVOUR		AGAINST		Result
	No. of holders	Votes	No. of holders	Votes	Majority against the resolution
Resolution 3	33	53,340,245	580	73,648,635	Against 58%

  4. THAT Mr. John Samuel be appointed as Chairman of the Company with immediate effect.

	IN FAVOUR		AGAINST		Result
	No. of holders	Votes	No. of holders	Votes	Majority against the resolution
Resolution 4	32	53,344,245	583	73,652,135	Against 58%

Additionally, in response to a question raised at the meeting, the Board stated that it was in discussions with Redstone plc regarding the payment terms of an outstanding loan owed by its subsidiary, Symphony Telecoms Holdings, to Eckoh plc.

Enquiries:

Eckoh plc         

Nik Philpot, Chief Executive Officer 

Adam Moloney, Group Finance Director

Jim Hennigan, Executive Director            

www.eckoh.com Tel: [phone]

Corfin Communications           

Harry Chathli / Victoria Ward Tel: [phone]

Seymour Pierce

Jonathan Wright Tel: [phone]

 

END

 

 

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