Close
Company Search
Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Result of Extraordinary General Meeting

14th Dec 2020 13:14

RNS Number : 5867I
Renewables Infrastructure Grp (The)
14 December 2020
 

 

The Renewables Infrastructure Group Limited (the "Company")

 

Result of Extraordinary General Meeting

 

The Board of the Company is pleased to announce that the sole resolution put to shareholders at the Extraordinary General Meeting held on 14 December 2020 was passed: 

 

SPECIAL RESOLUTION

THAT, in addition to any existing authorities granted to the Directors, the Directors be and are hereby authorised to allot, issue and/or sell up to 174,192,585 New Ordinary Shares for cash as if Article 7.1 (Pre-emption) of the Articles did not apply to any such allotment, issue and/or sale, for the period expiring on the conclusion of the annual general meeting of the Company to be held in 2021, save that the Company shall be entitled to make offers or agreements before the expiry of such power which would or might require New Ordinary Shares pursuant to any such offer or agreement as if the power conferred hereby had not expired:

 

Votes

Percentage

In Favour

1,106,069,494

94.537

Against

63,916,545

5.463

Withheld

280,085

N/A

 

Result: PASSED

 

A vote withheld is not a vote in law and cannot be counted in the calculation of the proportion of the votes for or against a resolution. Discretionary votes were voted in favour of the resolution.

 

In accordance with Listing Rule 9.6.2, a copy of the special resolution above has been forwarded to the National Storage Mechanism.

 

Further to the announcement of 23 November 2020 (the Issue Announcement) and the results announcement of 27 November 2020, as the New Tap Authority has been approved by shareholders by the passing of the ordinary resolution at the Extraordinary General Meeting, it will not be necessary to scale back the issue of the 160 million New Ordinary Shares pursuant to the Issue. Settlement and Admission of all such New Ordinary Shares are expected to occur at 8.00 a.m. on 15 December 2020.

 

Capitalised terms not otherwise defined in this announcement shall have the meaning set out in the Issue Announcement.

 

For further information, please contact:

 

Aztec Financial Services (Guernsey) Limited

Chris Copperwaite

Laura Dunning

 

+44 (0)1481 748831

 

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 [email protected] 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
 
 
ROMMZMMZFDZGGZM

Related Shares:

Renewables Infrastructure Group
FTSE 100 Latest
Value8,275.66
Change0.00