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Result of AGM

29th Jun 2021 11:13

RNS Number : 4899D
Watchstone Group PLC
29 June 2021
 

 

Watchstone Group plc

 

("Watchstone" or the "Company")

 

 

RESULT OF ANNUAL GENERAL MEETING

Watchstone Group plc (LON:WTG) announces that all the resolutions proposed at the Annual General Meeting, held earlier today were duly passed.

 

Resolution

Votes for

%

Votes against

%

Votes total

% of ISC voted

Votes withheld

 

1

10,406,124

98.0

5,312

0.1

10,613,860

23.1

202,424

2

10,403,606

98.0

167,629

1.6

10,613,860

23.1

42,625

3

10,563,294

99.5

8,041

0.1

10,613,860

23.1

42,525

4

10,563,394

99.5

7,941

0.1

10,613,860

23.1

42,525

5

10,286,069

96.9

285,266

2.7

10,613,860

23.1

42,525

6

10,125,601

95.4

445,714

4.2

10,613,860

23.1

42,545

7

10,403,418

98.0

167,817

1.6

10,613,860

23.1

42,625

8

10,553,372

99.4

17,863

0.2

10,613,860

23.1

42,625

 

Resolution 8 proposed the cancellation of admission of the Ordinary Shares to trading on AIM. Under the AIM Rules, it is requirement that the Cancellation must be approved by not less than 75 per cent of votes cast by Shareholders at a General Meeting of the Company. Following approval, cancellation will now take effect after five clear Business Days have passed and the Cancellation is expected to take effect at 7:00 a.m. on 7 July 2021. All references to time in this announcement are to London time.

 

The Ordinary Shares will continue to trade on the Acquis Stock Exchange.

 

 

 

Watchstone Group plc

Tel: 03333 44804

 

 

WH Ireland Limited, Nominated Adviser and broker

 

Tel: 020 7220 1666

Chris Hardie

Lydia Zychowska

 

 

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END
 
 
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