21st May 2015 08:30
RESULTS OF ANNUAL GENERAL MEETING
ANNOUNCEMENT 21 MAY 2015
Vmoto Limited (ASX/AIM: VMT) advises the outcome of resolutions put to shareholders at the Annual General Meeting ("Meeting") held today, Thursday, 21 May 2015.
All resolutions were carried unanimously at the Meeting on a show of hands. Accordingly, the Company now has a new Constitution in place which is available to view on the Company's website at www.vmoto.com.
In accordance with ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act, the attached information is provided in relation to the resolutions passed by members of the Company at the Meeting.
Consolidation of issued share capital
Following the approval by shareholders of a 1 for 10 consolidation exercise, the entire issued share capital in the Company will commence trading on the ASX and AIM on the consolidated basis with effect from commencement of business on Thursday 4 June 2015. Based on the issued capital at today's date, the total number of shares in issue will be, post consolidation, 132,825,353 Ordinary shares of no par value each. Vmoto's ISIN will remain AU000000VMT4.
AUTHORISED BY:
Shannon Coates
Company Secretary
For further information, please contact:
Vmoto | |
Charles Chen, Managing Director Olly Cairns, Non-Executive Director | +61 8 9226 3865 +61 8 9226 3865 |
Investors and media Market Eye Pty Ltd Ronn Bechler |
+61 400 009 774 |
finnCap Ltd Christopher Raggett/Simon Hicks (corporate finance) Tony Quirke/Mia Gardner (corporate broking) |
+44 20 7220 0500 |
Mirabaud
Peter Krens (equity capital markets) +44 20 7878 3362
Ed Haig-Thomas (equity capital markets) +44 20 7878 3447
About Vmoto
Vmoto Limited (ASX/AIM: VMT) is a global scooter manufacturing and distribution group. The Company specialises in high quality "green" electric powered two wheel vehicles and manufactures a range of western designed electric scooters from its low cost manufacturing facilities in Nanjing, China. Vmoto combines low cost Chinese manufacturing capabilities with European design. The group operates through two primary brands: Vmoto (aimed at the value market in Asia) and E-Max (targeting the Western markets, with a premium end product). As well as operating under its own brands, the Company also sells to a number of customers on an original equipment manufacturer ("OEM") basis.
| Resolution 1 | Resolution 2 | Resolution 3 | Resolution 4 | Resolution 5 |
Resolution 6
|
Resolution 7 |
Resolution 8 |
Decided on a show of hands (S) or a Poll (P) | S | S | S | S | S |
S |
S |
S |
Total number of proxy votes exercisable by proxies validly appointed | 190,079,112 | 280,041,356 | 280,041,356 | 280,071,356 | 278,852,856 | 280,073,356 | 281,791,010 | 272,975,460 |
Total number of proxy votes in respect of which the appointments specified that: | 183,710,153 |
275,992,313 |
276,337,313 |
267,167,349 |
265,179,336 |
270,994,970 |
275,005,415 |
261,667,740 |
The proxy is to vote for the resolution | ||||||||
The proxy is to vote against the resolution | 3,229,916 | 1,450,000 | 1,105,000 | 10,374,964 | 11,144,477 |
6,479,343 |
4,186,553 |
8,778,677
|
The proxy is to abstain on the resolution | 90,169,898 | 207,654 | 207,654 | 177,654 | 2,896,154 | 175,654 | 2,955,000 |
7,273,550
|
The proxy may vote at the proxy's discretion |
3,139,043 |
2,599,043 |
2,599,043 |
2,529,043 |
2,529,043 |
2,599,043 |
2,599,043 |
2,529,043
|
The proxy was excluded from voting | 0 | 0 | 0 | 0 | 0 |
0 |
0 |
0
|
Related Shares:
VMT.L