1st Oct 2015 08:35
RESULTS OF GENERAL MEETING
ANNOUNCEMENT 1 OCTOBER 2015
Vmoto Limited (ASX/AIM: VMT) advises the outcome of resolutions put to shareholders at the General Meeting ("Meeting") held today, Thursday, 1 October 2015.
All resolutions were carried unanimously at the Meeting on a show of hands.
Resolution 1 - Ratification of issue of 19.78 million SharesResolution 2 - Approval for issue of up to 791,200 Options to advisorsResolution 3 - Approval for issue of Shares to employeesResolution 4 - Approval for issue of Shares to Director - Mr Kaijian Chen
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.
For further information, please contact:
Vmoto | |
Charles Chen, Managing Director
Olly Cairns, Non-Executive Director | +86 1391 3388 886
+61 8 9226 3865 |
finnCap Ltd Christopher Raggett/Simon Hicks (corporate finance) Tony Quirke/Mia Gardner (corporate broking) | +44 20 7220 0500 |
About Vmoto
Vmoto Limited (ASX/AIM: VMT) is a global scooter manufacturing and distribution group. The Company specialises in high quality "green" electric powered two wheel vehicles and manufactures a range of western designed electric scooters from its low cost manufacturing facilities in Nanjing, China. 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.
| Resolution 1 | Resolution 2 | Resolution 3 | Resolution 4 |
Decided on a show of hands (S) or a Poll (P) | S | S | S | S |
Total number of proxy votes exercisable by proxies validly appointed | 27,647,976 | 28,923,908 | 28,140,036 | 28,235,308 |
Total number of proxy votes in respect of which the appointments specified that: | 25,767,153 |
26,437,322 |
26,057,102 |
25,864,297 |
The proxy is to vote for the resolution | ||||
The proxy is to vote against the resolution | 888,827 | 1,721,521 | 1,360,567 | 1,669,466 |
The proxy is to abstain on the resolution | 369,871 | 142,940 | 100,242 | 79,420 |
The proxy may vote at the proxy's discretion |
622,125 |
622,125 |
622,125 |
622,125 |
The proxy was excluded from voting | 1,275,932 | 0 | 783,872 | 688,600 |
Related Shares:
VMT.L