24th Feb 2020 12:24
24 February 2020
All Active Asset Capital Limited
("AAAC" or "the Company")
Result of Extraordinary General Meeting
AAAC announces that all resolutions proposed at the Extraordinary General Meeting of the Company held earlier today were duly passed.
The proxy voting results for the resolutions are included below:
Resolution | Votes For | % of votes cast | Votes Against | % of votes cast | Total votes cast | % of issued share capital voted |
Resolution 1 - To authorise the directors to allot shares in the Company or grant rights to subscribe for or to convert any security into shares in the Company over up to 569,290,750 ordinary shares. | 15,014,575 | 100% | - | -% | 15,014,575 | 4.7% |
Resolution 2 - To authorise the directors following completion of the Placing to allot shares in the Company or grant rights to subscribe for or to convert any security into shares in the Company over up to 569,290,750 ordinary shares for cash. | 15,014,575 | 100% | - | -% | 15,014,575 | 4.7% |
Application has been made to the London Stock Exchange for the 125,214,678 Second Placing Shares to be issued pursuant to the Second Placing to be admitted to trading on AIM. It is expected that Second Admission will become effective and dealings in the Second Placing Shares will commence at 8:00 a.m. on or around 25 February 2020.
Upon Second Admission, the Company's issued ordinary share capital will consist of 444,076,072 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 444,076,072. With effect from Second Admission, this figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.
Capitalised terms used but not defined in this announcement shall have the meanings given to such terms in the announcement issued by the Company dated 5 February 2020 unless otherwise defined herein.
For further information:
All Active Asset Capital Limited |
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Robert Berkeley, Executive Chairman and Finance Director James Normand, Executive Director |
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Tel: +44 (0) 7779 799431 |
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www.aaacap.com |
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Allenby Capital Limited (Nominated Adviser and Joint Broker) |
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Nick Athanas / Alex Brearley Tel: +44 (0) 203 328 5656 www.allenbycapital.com |
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Peterhouse Capital Limited (Joint Broker) |
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Lucy Williams / Duncan Vasey / Eran Zucker Tel: +44 (0) 20 7469 0930 www.peterhousecap.com |
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About AAAC
AAAC is an investment company that has been established as a platform for investors looking to access growing markets in the Asia-Pacific and European regions. The Company invests in a portfolio of companies with at least a majority of operations (or early-stage companies that intend to have at least a majority of their operations) in the Asia-Pacific or European regions in industries with high growth potential including, but not limited to: agriculture, forestry and plantations, mining, natural resources, property, and/or technology. AAAC is publicly quoted and its shares are traded on the AIM Market, which is operated by the London Stock Exchange.
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Related Shares:
AAA.L