Results of Annual General Meeting

By

Regulatory News | 05 Jun, 2024

Updated : 13:12

RNS Number : 2627R
Capital Limited
05 June 2024
 

 

 

FOR IMMEDIATE RELEASE                                                                                 

5 June 2024

 

 

 

 

 

Capital Limited

("Capital", the "Group" or the "Company")

 

Results of Annual General Meeting

 

The Board of Directors of Capital Limited announces that all resolutions put to shareholders at today's Annual General Meeting ("AGM") were duly passed by the requisite majorities on a poll.

 

The Company's issued share capital eligible to be voted at the AGM was 196,257,124 shares and 80.2% of the Company's issued share capital was voted at the AGM.

 

During today's AGM, Peter Stokes (CEO) gave a presentation followed by a Q&A session with Jamie Boyton (Executive Chair), for shareholders. The presentation can be found here.

 

The scrutineers of the poll were Computershare Investor Services (Jersey) Limited. The full text of each resolution is contained in the Notice of AGM, (also available on the Company's website here). The total number of votes cast for each resolution is set out below:

 

RESOLUTION NUMBER

VOTES FOR[1]

% VOTES CAST

VOTES AGAINST

% VOTES CAST

VOTES WITHHELD[2]

Ordinary Resolution 1: Adopt the Report & Accounts for year ended 2023

155,293,193

100

0

0

2,042,153

Ordinary Resolution 2: Approval of the Directors' Remuneration Report for year ended 2023

154,585,246

98.25

2,750,100

 

1.75

 

0

Ordinary Resolution 3: Re-election of Anu Dhir

157,240,785

99.94

94,561

0.06

0

Ordinary Resolution 4: Re-election of Alexander Davidson

154,270,644

99.64

558,985

0.36

2,505,717

Ordinary Resolution 5:  Re-election of David Abery

150,429,820

95.61

6,905,525

4.39

1

Ordinary Resolution 6: Re-election of Michael Rawlinson

153,675,700

97.67

3,659,646

2.33

0

Ordinary Resolution 7: Re-election of Jamie Boyton

 

152,547,884

 

96.96

4,787,462

3.04

0

Ordinary Resolution 8: Re-election of Peter Stokes

157,096,590

99.85

238,756

0.15

0

Ordinary Resolution 9: Re-election of Brian Rudd

157,096,690

99.85

238,656

0.15

0

Ordinary Resolution 10: Re-election of Catherine (Cassie) Boggs

 

153,166,926

 

98.51

2,318,419

 

1.49

 

1,850,001

Ordinary Resolution 11: Re-appointment of BDO LLP (auditor)

155,277,068

99.87

208,278

0.13

1,850,000

Ordinary Resolution 12: authorise the Directors to agree the auditor's remuneration

157,258,804

99.95

76,542

0.05

0

Ordinary Resolution 13: authority to allot relevant securities

154,889,238

98.46

2,428,621

1.54

 

17,487

 

Special Resolution 14: disapplication of pre-emption rights

154,849,793

 

98.43

 

2,468,066

1.57

17,487

Special Resolution 15: market purchase of ordinary shares

155,439,603

98.82

1,850,000

1.18

45,743

A copy of the results of the AGM, along with a copy of resolutions passed other than those concerning ordinary business at the AGM, have been submitted to the Financial Services Authority's National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

 

- ENDS -

 

For further information, please visit Capital's website www.capdrill.com or contact:

 

Capital Limited                                                                     investor@capdrill.com                      

Peter Stokes, Chief Executive Officer                             

Rick Robson, Chief Financial Officer

Conor Rowley, Corporate Development & Investor Relations 

 

Tamesis Partners LLP                                                          +44 20 3882 2868

Charlie Bendon

Richard Greenfield

 

Stifel Nicolaus Europe Limited                                          +44 20 7710 7600

Ashton Clanfield

Callum Stewart

Rory Blundell

 

Buchanan                                                                               +44 20 7466 5000

Bobby Morse                                                                        capital@buchanan.uk.com

George Pope

               

About Capital Limited

 

Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry. The Company's services include exploration, delineation and production drilling; load and haul services; maintenance; and geochemical analysis. The Group's corporate headquarters are in the United Kingdom, and it has established operations in Côte d'Ivoire, Canada, Democratic Republic of Congo, Egypt, Gabon, Ghana, Guinea, Kenya, Mali, Mauritania, Nigeria, Pakistan, Saudi Arabia, Tanzania and the United States of America.

 

 

 

 

 



[1] The "For" vote includes those giving the Chair of the AGM discretion.

[2] A "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" the resolution.

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