Source - LSE Regulatory
RNS Number : 8946Q
Pathfinder Minerals Plc
30 June 2022
 

30 June 2022

 

Pathfinder Minerals Plc

("Pathfinder" or the "Company")

 

Result of Annual General Meeting

 

Pathfinder held its Annual General Meeting at 12.30pm today, at which all resolutions were passed on a show of hands with the exceptions of resolutions 5, 10 and 11 on which the Chair called for a poll.

 

The table below shows the proxy votes received on all 11 resolutions. The full text of the resolutions is contained in the Notice of General Meeting published on 6 June 2022, which is available on Pathfinder's website at www.pathfinderminerals.com.

 

Resolution

Votes For

%

Votes Against

%

Total no. votes cast

% of ISC**

Votes Withheld

1

165,387,409

100.00

0

0.00

165,387,409

31.06

0

2

165,386,409

100.00

1,000

0.00

165,387,409

31.06

0

3

165,386,409

100.00

1,000

0.00

165,387,409

31.06

0

4

165,386,409

100.00

1,000

0.00

165,387,409

31.06

0

5

27,962,234

16.91

137,425,175

83.09

165,387,409

31.06

0

6

165,387,409

100.00

0

0.00

165,387,409

31.06

0

7

165,386,409

100.00

1,000

0.00

165,387,409

31.06

0

8

161,410,409

97.60

3,976,000

2.40

165,386,409

31.06

1,000

9

161,260,409

97.50

3,976,000

2.40

165,236,409

31.03

151,000

10*

21,336,234

12.90

144,050,175

87.10

165,386,409

31.06

1,000

11*

21,336,234

12.90

144,050,175

87.10

165,386,409

31.06

1,000

* Special resolutions

** Issued Share Capital

 

As a result of resolution 5 not having been passed (which related to the reappoint of Jonathan Summers as a director), Mr Summers retired as a director of the Company today, upon the conclusion of the Annual General Meeting. The Board had consulted with the Company's substantial shareholder who voted against Mr Summers' reappointment ahead of the meeting, and is aware of the reasons given for the votes against the resolution. The Board is, however, disappointed by the outcome, and wishes to thank Mr Summers for his valued contribution during his time with the Company.

 

The directors also consulted with the Company's substantial shareholder ahead of the meeting with regards to special resolutions numbered 10 and 11, and have been informed that their continuing policy in respect of all their investments, is to vote against any resolution to disapply pre-emption rights, irrespective of whether the proposed authority is general or limited.

 

Notes

·    A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" and "Against"

·    Votes "For" and "Against" are expressed as a percentage of votes validly cast for that resolution at the AGM

·    Votes "For" include those giving discretion to the Chair or a third party

·    "% of ISC" denotes the votes validly cast for each resolution as a percentage of the issued share capital of Ordinary shares as at the voting entitlement date.

 

Enquiries:

Pathfinder Minerals Plc

Peter Taylor, Chief Executive Officer

Tel. +44 (0)20 3143 6748

 

Strand Hanson Limited (Nominated & Financial Adviser and Broker)

James Spinney / Ritchie Balmer / Rob Patrick

Tel. +44 (0)20 7409 3494

 

Vigo Communications (Public Relations)

Ben Simons / Charlie Neish / Kate Kilgallen

Tel. +44 (0)20 7390 0234

Email. pathfinderminerals@vigocomms.com

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

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
 
 
RAGURAVRUOUNOAR
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.