13th Nov 2013 10:45
RESULTS OF GENERAL MEETING
announcement 13 NOVEMBER 2013
Vmoto Limited (ASX:VMT) advises the outcome of resolutions put to shareholders at the General Meeting ("Meeting") held today, Wednesday 13 November 2013.
The following resolutions were carried on a show of hands:
Resolution 1 - Ratification of issue of 75 million Shares
Resolution 2 - Ratification of issue of 2 million Shares
Resolution 3 - Ratification of issue of Tranche 1 Placement Shares
Resolution 4 - Approval for issue of Tranche 2 Placement Shares
Resolution 5 - Approval for Director Participation in Tranche 2 Placement - Simon Farrell
Resolution 6 - Approval for Director Participation in Tranche 2 Placement - Charles ChenResolution 7 - Approval for Director Participation in Tranche 2 Placement - Ivan Teo
Resolution 8 - Approval for Director Participation in Tranche 2 Placement - Olly Cairns
Resolution 9 - Approval for Director Participation in Tranche 2 Placement - Kaijian Chen
Resolution 10 - Removal of Auditor
Resolution 11 - Appointment of Auditor
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.
Yours faithfully
Shannon Coates
Company Secretary
For further enquiries, please contact:
Charles Chen, Managing Director Olly Cairns, Non-Executive Director | +61 (8) 9226 3865 +61 (8) 9226 3865 |
finnCap Ltd | +44 (0) 207 220 0500 |
Ed Frisby/ Christopher Raggett (corporate finance) Tony Quirke (corporate broking) |
About Vmoto
Vmoto is a global scooter manufacturing and distribution group and is listed on the Australian Securities Exchange (ASX) and on the AIM market of the London Stock Exchange. The Company specialises in high quality "green" electric powered two wheel vehicles and manufactures a range of western designed electric (and some petrol) two wheel vehicles from its low cost manufacturing facilities in Nanjing, China, marketed in Europe through its operation in Bremen, Germany and marketed outside Europe through its operations in Australia. 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.
VMOTO LIMITED - RESULTS OF GENERAL MEETING HELD ON 13 NOVEMBER 2013
| Resolution 1 | Resolution 2 | Resolution 3 | Resolution 4 | Resolution 5 | Resolution 6 | Resolution 7 | Resolution 8 | Resolution 9 | Resolution 10 | Resolution 11 |
Decided on a show of hands (S) or a Poll (P) | S | S | S | S | S | S | S | S | S | S | S |
Total number of proxy votes exercisable by proxies validly appointed | 284,634,504 | 284,634,504 | 284,634,504 | 284,634,504 | 284,634,504 | 284,634,504 | 284,634,504 | 284,634,504 | 284,634,504 | 284,634,504 | 284,634,504 |
Total number of proxy votes in respect of which the appointments specified that: | |||||||||||
The proxy is to vote for the resolution | 270,250,818 | 272,683,352 | 203,461,114 | 205,846,451 | 61,864,707 | 233,574,707 | 258,353,707 | 261,864,707 | 259,086,930 | 268,231,284 | 268,236,084 |
The proxy is to vote against the resolution | 10,896,719 | 10,972,185 | 9,571,719 | 13,871,719 | 12,661,719 | 12,661,719 | 12,661,719 | 12,661,719 | 12,661,719 | 15,316,253 | 11,911,830 |
The proxy is to abstain on the resolution | 2,708,767 | 200,767 | 70,823,471 | 64,138,134 | 9,329,878 | 37,619,878 | 12,840,878 | 9,329,878 | 12,107,655 | 308,767 | 3,708,390 |
The proxy may vote at the proxy's discretion | 778,200 | 778,200 | 778,200 | 778,200 | 778,200 | 778,200 | 778,200 | 778,200 | 778,200 | 778,200 | 778,200 |
Related Shares:
VMT.L