31st May 2012 12:00
Level 6
122 Walker St
North Sydney
NSW 2060
Australia
T +61 (0)2 9460 1856
F +61 (0)2 9460 1857
ASX ANNOUNCEMENT
31 May 2012
RESULTS OF ANNUAL GENERAL MEETING - 31 MAY 2012
Pursuant to Listing Rule 3.13.2 and Section 251AA of the Corporations Law, details in relation to resolutions put to shareholders at the Annual General Meeting of Metminco Limited (Metminco or the Company) held today follow:
Resolution 1:
"That the Remuneration Report for the year ended 31 December 2011 be adopted."
Valid proxies received in respect of Resolution 1.
VOTES | NUMBER |
For | 398,923,640 |
Open | 863,553 |
Against | 81,910,961 |
Abstain | 1,139,317 |
Resolution 1 was passed by a show of hands.
Resolution 2:
"That, for the purpose of clause 15.10(a) of the Constitution and for all other purposes, Phillip John Wing, a Director appointed 17 July 2009 retires, and being eligible, is re-elected as a Director."
Valid proxies received in respect of Resolution 2.
VOTES | NUMBER |
For | 533,968,033 |
Open | 1,514,154 |
Against | 34,730,141 |
Abstain | 1,012,612 |
Resolution 2 was passed by a show of hands.
Resolution 3:
"That, for the purpose of clause 15.10(a) of the Constitution and for all other purposes, William Stirling Etheridge, a Director appointed 17 July 2009 retires, and being eligible, is re-elected as a Director."
Valid proxies received in respect of Resolution 3.
VOTES | NUMBER |
For | 556,965,436 |
Open | 1,501,231 |
Against | 11,787,758 |
Abstain | 970,515 |
Resolution 3 was passed by a show of hands.
Resolution 4:
"That, for the purposes of clause 15.15 of the Constitution, Listing Rule 10.17 and for all other purposes, the maximum aggregate amount of remuneration payable by the Company to Non-Executive Directors of the Company in any financial year for services rendered as Directors be increased by A$200,000 per annum from A$400,000 per annum to A$600,000 per annum."
Valid proxies received in respect of Resolution 4.
VOTES | NUMBER |
For | 471,055,660 |
Open | 858,616 |
Against | 10,833,204 |
Abstain | 92,331 |
Resolution 4 was passed by a show of hands.
Resolution 5:
"That, for the purposes of section 208 of the Corporations Act, Listing Rule 10.11 and for all other purposes, the Company be authorised to grant Antonio Ortuzar Vicuña (and/or his nominees):
·; 1,000,000 Class A Options; and
·; 1,000,000 Class B Options,
on the terms and conditions set out in Annexure A of the Explanatory Memorandum accompanying the Notice of Meeting."
Valid proxies received in respect of Resolution 5.
VOTES | NUMBER |
For | 518,617,749 |
Open | 1,405,217 |
Against | 44,377,644 |
Abstain | 424,330 |
Resolution 5 was passed by a show of hands.
.
Resolution 6:
"That, for the purposes of section 208 of the Corporations Act, Listing Rule 10.11 and for all other purposes, the Company be authorised to grant Timothy Read (and/or his nominees):
·; 1,000,000 Class A Options; and
·; 1,000,000 Class B Options,
on the terms and conditions set out in Annexure A of the Explanatory Memorandum accompanying the Notice of Meeting."
Valid proxies received in respect of Resolution 6.
VOTES | NUMBER |
For | 524,960,652 |
Open | 1,392,294 |
Against | 44,447,664 |
Abstain | 424,330 |
Resolution 6 was passed by a show of hands.
Philip W Killen
Company Secretary
Related Shares:
Metminco