19th May 2010 07:00
Renewable Power & Light plc
Results of General Meeting and Update
19 May 2010
General Meeting - Results
The board of Renewable Power & Light plc ('the Company') is pleased to announce the results of the General Meeting held at 11.40 on 18 May 2010. Full details of the resolutions are set out on page 17 of the circular issued by the Company dated 16 April 2010 ('the Circular'), which is available from the Company's website www.rplplc.com.
Resolution 5, the removal from the board of Victor J Fryling was withdrawn as he was not re-appointed under resolution 3 at the Annual General Meeting held on 18 May 2010. All other resolutions were duly passed.
The proxy results are set out below:-
|
|
Resolution |
Votes in favour |
% of votes cast |
Votes against |
% of votes cast |
|
1. |
Appoint Charles Duncan Soukup as a director of the Company |
63,480,499 |
96.3% |
2,462,916 |
3.7% |
|
2. |
Appoint Peter Redmond as a director of the Company |
63,480,499 |
96.3% |
2,462,916 |
3.7% |
|
3. |
Appoint Robert Porter as a director of the Company |
63,460,499 |
96.3% |
2,462,916 |
3.7% |
|
4. |
Remove Michael G Reynolds as a director of the Company |
63,490,499 |
96.3% |
2,462,916 |
3.7% |
|
5. |
withdrawn
|
n/a |
n/a |
n/a |
n/a |
|
6. |
Remove Alexander S Lambie as a director of the Company |
63,480,499 |
96.3% |
2,462,916 |
3.7% |
No votes were withheld.
The issued share capital of the Company comprises 88,764,646 ordinary shares of 1p each.
Update
The board intends to perform an immediate review of the Company's financial and commercial affairs and to confirm the Company's financial position. The Company will maintain its status as an 'investing company' pursuant to the AIM Rules. The board will make a further notification to shareholders in due course.
** ENDS **
For further information visit www.rplplc.com or contact:
|
Duncan Soukup, Executive Chairman |
Renewable Power & Light |
Tel: +33 (0) 678 63 26 89 |
|
Liam Murray, Nominated Adviser |
Cairn Financial Advisers |
Tel: +44 (0) 20 7148 7903 |
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