Result of AGM

RNS Number : 7334I

Ncondezi Coal Company Limited

27 July 2012

 

Ncondezi Coal Company Limited (the "Company")

(Incorporated and registered in the British Virgin Islands with registered number 1019077)

Results of Annual General Meeting

At the Company's AGM held earlier today, the following resolutions were passed:-

Ordinary Resolutions

Resolution 1: to adopt the Company's financial statements and reports.

VOTES FOR: 82,780,006

VOTES AGAINST: 1,220,236
VOTES WITHHELD: 0

RESULT: RESOLUTION PASSED

Resolution 2: to approve the Directors' Remuneration Report.

VOTES FOR: 80,999,036

VOTES AGAINST: 1,965,070
VOTES WITHHELD: 1,036,136

RESULT: RESOLUTION PASSED

Resolution 3: to re-elect Director -  Colin Harris

VOTES FOR: 82,964,760

VOTES AGAINST: 128,800
VOTES WITHHELD: 906,682

RESULT: RESOLUTION PASSED

Resolution 4: to re-elect Director -  Graham Mascall

VOTES FOR: 82,964,760

VOTES AGAINST: 128,800
VOTES WITHHELD: 906,682

RESULT: RESOLUTION PASSED

Resolution 5: to re-elect Director - Michael Haworth

VOTES FOR: 82,835,306

VOTES AGAINST: 128,800
VOTES WITHHELD: 1,036,136

RESULT: RESOLUTION PASSED

Resolution 6: to re-elect Director - Nigel Walls

VOTES FOR: 83,870,788

VOTES AGAINST: 0
VOTES WITHHELD: 129,454

RESULT: RESOLUTION PASSED

Resolution 7: to re-appoint the auditors

VOTES FOR: 83,721,814

VOTES AGAINST: 278,428
VOTES WITHHELD: 0

RESULT: RESOLUTION PASSED

Resolution 8: to authorise the Directors to agree the Auditors' remuneration.

VOTES FOR: 84,000,242

VOTES AGAINST: 0
VOTES WITHHELD: 0

RESULT: RESOLUTION PASSED

Resolution 9: authority to Issue Shares

VOTES FOR: 82,594,100

VOTES AGAINST: 0
VOTES WITHHELD: 1,406,142

RESULT: RESOLUTION PASSED

SPECIAL RESOLUTIONS

Resolution 10: to disapply pre-emption Rights

VOTES FOR: 80,499,576

VOTES AGAINST: 2,094,524
VOTES WITHHELD: 1,406,142

RESULT: RESOLUTION PASSED

27 July 2012   

Enquiries:

Ncondezi Services (UK) Limited: www.ncondezicoal.com	Nigel Walls Hanno Pengilly Alex Buck	[phone]
Liberum Capital Limited: NOMAD & Broker	Michael Rawlinson Chris Bowman Christopher Kololian	[phone]
Canaccord Genuity: Joint Broker	Rob Collins Andrew Chubb	[phone]
Pelham Bell Pottinger:	Charles Vivian Daniel Thöle	[phone]

 

END

 

 

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