Result of EGM

Global Invacom Group Limited

26 October 2023

 

GLOBAL INVACOM GROUP LIMITED

(Incorporated in the Republic of Singapore)

(Company Registration No: 200202428H)

RESULT OF EXTRAORDINARY GENERAL MEETING HELD ON 26 OCTOBER 2023

The Board of Directors (the "Board") of Global Invacom Group Limited (the "Company") is pleased to announce that at the Extraordinary General Meeting ("EGM") of the Company held today, the special resolution as set out in the notice of EGM dated 26 September 2023 was duly passed by way of a poll.

a)    The result of the poll on the resolution cast at the EGM is set out below for information:

Resolution number and details	Total number of shares represented by votes for and against the relevant resolution	For		Against
		Number of shares	As a percentage of total number of votes for and against the resolution (%)	Number of shares	As a percentage of total number of votes for and against the resolution (%)
Special Resolution The proposed cancellation of the admission of the Company's Shares to trading on AIM (the "Cancellation")	98,946,598	98,726,598	99.78	220,000	0.22

b)    The details of parties who are required to abstain from voting on the resolution, including the number of shares held.

No party is required to abstain from voting.

c)    Name of firm and/or person appointed as scrutineer.

Agile 8 Advisory Pte. Ltd. was appointed as scrutineer for the poll conducted at the EGM.

EXPECTED CANCELLATION TIMETABLE ⁽¹⁾

Expected last day of dealings on AIM	Thursday, 2 November 2023
Expected cancellation of admission of the Company's Shares to trading on AIM	Friday, 3 November 2023 at 2.00 p.m. (Singapore time) Friday, 3 November 2023 at 7.00 a.m. (UK time)
DI termination	Monday, 6 November 2023

Note:

(1)        Each of the times and dates in the above timetable are subject to change. The Company will notify the market and shareholders by announcement to the SGX-ST and the AIM if there are any changes to this timetable.

BY ORDER OF THE BOARD

Gordon Blaikie

Executive Director

26 October 2023

For further information, please contact:

Global Invacom Group Limited	www.globalinvacom.com
Gordon Blaikie, Interim Chief Executive Officer	via Vigo Consulting
Strand Hanson Limited (Nominated Adviser and Broker)	www.strandhanson.co.uk
James Harris / Richard Johnson / David Asquith	Tel: [phone]
Vigo Consulting (UK Media & Investor Relations)	www.vigoconsulting.com
Jeremy Garcia / Fiona Hetherington / Kendall Hill	Tel: [phone]
[e-mail]

About Global Invacom Group Limited

Global Invacom Group comprises a number of companies specialising in innovative technology, products and solutions for the satellite ground equipment sector. Uniquely, the Group provides fully integrated manufacturing for most of its product lines providing additional quality and supply chain assurance to a global blue-chip customer base in the satellite communications, satellite TV and satellite navigation markets.

The Group has an established global presence with sales offices, research and development centres and manufacturing facilities across the world, including Singapore, China, Indonesia, the Philippines, Malaysia, Israel, the UK, and the USA.

Global Invacom is listed on the Mainboard of the Singapore Exchange Securities Trading Limited and its shares are admitted to trading on the AIM Market of the London Stock Exchange.

For more information, please refer to www.globalinvacom.com

 

END