Source - LSE Regulatory
RNS Number : 8750W
Global Invacom Group Limited
28 April 2021
 

Global Invacom Group Limited
("Global Invacom", the "Company" or the "Group")

Results of Annual General Meeting

 

Singapore/London, 28 April 2021 - The Board of Directors (the "Board") of Global Invacom is pleased to announce that at the Annual General Meeting ("AGM") of the Company held by electronic means today, all resolutions set out in the notice of AGM dated 13 April 2021 were duly passed by way of a poll.

 

a)   The results of the poll on each of the resolution cast at the AGM are 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

(%)

 

Ordinary Resolution 1

 

Directors' Statement and Audited Financial Statements for the year ended 31 December 2020

103,168,539

103,168,539

100

0

0

 

Ordinary Resolution 2

 

Re-election of Mr Anthony Brian Taylor as a Director

92,028,837

92,028,837

100

0

0

 

Ordinary Resolution 3

 

Re-election of Mr Cosimo Borrelli as a Director

103,168,539

103,168,539

100

0

0

 

Ordinary Resolution 4

 

Re-election of Mr Wayne Robert Porritt as a Director

103,168,539

103,168,539

100

0

0

 

Ordinary Resolution 5

 

Approval of payment of Directors' fees for the financial year ending 31 December 2021 amounting to S$294,525, payable quarterly in arrears

 

80,989,135

80,989,135

100

0

0

 

Ordinary Resolution 6

 

Re-appointment of Moore Stephens LLP as Auditors

 

103,168,539

103,168,539

100

0

0

 

Ordinary Resolution 7A

 

Approval for Mr John Lim Yew Kong to continue as Independent Director (Tier 1 Voting)

 

92,556,039

92,556,039

100

0

0

 

Ordinary Resolution 7B

 

Approval for Mr John Lim Yew Kong to continue as Independent Director (Tier 2 Voting)

 

59,136,933

59,136,933

100

0

0

 

Ordinary Resolution 8A

 

Approval for Mr Cosimo Borrelli to continue as Independent Director (Tier 1 Voting)

 

92,571,039

92,571,039

100

0

0

 

Ordinary Resolution 8B

 

Approval for Mr Cosimo Borrelli to continue as Independent Director (Tier 2 Voting)

 

59,136,933

59,136,933

100

0

0

 

Ordinary Resolution 9

 

Authority to allot and issue Shares

103,168,539

103,168,539

100

0

0

 

Ordinary Resolution 10

 

Authority to allot and issue Shares under the Global Invacom Share Option Scheme 2013

 

47,554,779

47,554,779

100

0

0

 

Ordinary Resolution 11

 

Authority to offer and grant Shares under the Global Invacom Performance Share Plan 2013

 

47,554,779

47,554,779

100

0

0

 

Ordinary Resolution 12

 

Renewal of Share Buyback Mandate

 

103,168,539

103,168,539

100

0

0

 

b)   The details of parties who are required to abstain from voting on the resolution(s), including the number of shares held and the individual resolution on which they are required to abstain from voting are set out below:

 

Name of Shareholder

Number of shares

Resolution(s) Abstained

Anthony Brian Taylor

11,139,702

2, 7B, 8B, 10 & 11

Malcolm John Burrell

11,139,702

7B, 8B, 10 & 11

JOE HARPER LIMITED

497,900

3, 7B, 8A, 8B, 10 & 11

John Lim Yew Kong

15,000

7A, 7B, 8B, 10 & 11

Shareholders of the Company who are eligible to participate in the Global Invacom Share Option Scheme 2013

11,139,952

10

Shareholders of the Company who are eligible to participate in the Global Invacom Performance Share Plan 2013

11,139,952

11

 

c)       Agile 8 Advisory Pte. Ltd. was appointed as scrutineer for the polls conducted at the AGM.

 

 

BY ORDER OF THE BOARD

 

Anthony Brian Taylor

Executive Chairman

 

For further information, please contact:

 

Global Invacom Group Limited

http://www.globalinvacom.com

Tony Taylor, Executive Chairman

 

via Vigo Communications

 

 

Strand Hanson Limited (Nominated Adviser and Broker)

www.strandhanson.co.uk

James Harris / Rob Patrick / Ned Foulkes

Tel: +44 20 7409 3494

 

 

 

Vigo Communications (Media & Investor Relations)

www.vigocomms.com

Jeremy Garcia / Charlie Neish

Tel: +44 20 7390 0238

ginv@vigocomms.com

 

 

 

About Global Invacom Group Limited

 

Global Invacom is a fully integrated satellite equipment provider with sites across Singapore, China, Indonesia, Philippines, Malaysia, Israel, UK and the US. Its customers include satellite broadcasters such as Sky Group of the UK and Dish Network of the USA and Data over Satellite providers including Hughes Network Systems, Viasat and Gilat Satellite Networks.

 

Global Invacom provides a full range of satellite ground equipment including antennas, LNB receivers, transceivers, fibre distribution equipment, transmitters, switches, and video distribution components, as well as manufacturing services for the defence and healthcare sectors. The Group is the world's only full‐service outdoor unit supplier.

 

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.

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RAGSEMSUAEFSEEL
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.