REG - Capital Limited - Results of Annual General Meeting

CapitalAnnouncement

05/06/2024 13:15

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RNS Number : 2627R  Capital Limited  05 June 2024

 

 

FOR IMMEDIATE
RELEASE

5 June 2024

 

 

 

 

 

Capital Limited

("Capital", the "Group" or the "Company")

 

Results of Annual General Meeting

 

The Board of Directors of Capital Limited announces that all resolutions put
to shareholders at today's Annual General Meeting ("AGM") were duly passed by
the requisite majorities on a poll.

 

The Company's issued share capital eligible to be voted at the AGM was
196,257,124 shares and 80.2% of the Company's issued share capital was voted
at the AGM.

 

During today's AGM, Peter Stokes (CEO) gave a presentation followed by a
Q&A session with Jamie Boyton (Executive Chair), for shareholders. The
presentation can be found here
(https://www.capdrill.com/investors/announcements) .

 

The scrutineers of the poll were Computershare Investor Services (Jersey)
Limited. The full text of each resolution is contained in the Notice of AGM,
(also available on the Company's website here
(https://www.capdrill.com/investors/announcements) ). The total number of
votes cast for each resolution is set out below:

 

 RESOLUTION NUMBER                                                               VOTES FOR 1  (#_ftn1)  % VOTES CAST  VOTES AGAINST  % VOTES CAST  VOTES WITHHELD 2  (#_ftn2)
 Ordinary Resolution 1: Adopt the Report & Accounts for year ended 2023          155,293,193            100           0              0             2,042,153
 Ordinary Resolution 2: Approval of the Directors' Remuneration Report for year  154,585,246            98.25         2,750,100                    0
 ended 2023

                                                                                                                                     1.75

 Ordinary Resolution 3: Re-election of Anu Dhir                                  157,240,785            99.94         94,561         0.06          0
 Ordinary Resolution 4: Re-election of Alexander Davidson                        154,270,644            99.64         558,985        0.36          2,505,717
 Ordinary Resolution 5:  Re-election of David Abery                              150,429,820            95.61         6,905,525      4.39          1
 Ordinary Resolution 6: Re-election of Michael Rawlinson                         153,675,700            97.67         3,659,646      2.33          0
 Ordinary Resolution 7: Re-election of Jamie Boyton                                                     96.96         4,787,462      3.04          0

                                                                                 152,547,884

 Ordinary Resolution 8: Re-election of Peter Stokes                              157,096,590            99.85         238,756        0.15          0
 Ordinary Resolution 9: Re-election of Brian Rudd                                157,096,690            99.85         238,656        0.15          0
 Ordinary Resolution 10: Re-election of Catherine (Cassie) Boggs                                        98.51         2,318,419                    1,850,001

                                                                                 153,166,926                                         1.49

 Ordinary Resolution 11: Re-appointment of BDO LLP (auditor)                     155,277,068            99.87         208,278        0.13          1,850,000
 Ordinary Resolution 12: authorise the Directors to agree the auditor's          157,258,804            99.95         76,542         0.05          0
 remuneration
 Ordinary Resolution 13: authority to allot relevant securities                  154,889,238            98.46         2,428,621      1.54

                                                                                                                                                   17,487

 Special Resolution 14: disapplication of pre-emption rights                     154,849,793                          2,468,066      1.57          17,487

                                                                                                        98.43

 Special Resolution 15: market purchase of ordinary shares                       155,439,603            98.82         1,850,000      1.18          45,743

A copy of the results of the AGM, along with a copy of resolutions passed
other than those concerning ordinary business at the AGM, have been submitted
to the Financial Services Authority's National Storage Mechanism and will
shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

 

- ENDS -

 

For further information, please visit Capital's website www.capdrill.com or
contact:

 

Capital Limited
 
 
investor@capdrill.com

Peter Stokes, Chief Executive
Officer

Rick Robson, Chief Financial Officer

Conor Rowley, Corporate Development & Investor Relations

 

Tamesis Partners LLP
 
+44 20 3882 2868

Charlie Bendon

Richard Greenfield

 

Stifel Nicolaus Europe Limited
 
+44 20 7710 7600

Ashton Clanfield

Callum Stewart

Rory Blundell

 

Buchanan
 
+44 20 7466 5000

Bobby
Morse
                   capital@buchanan.uk.com

George Pope

 

About Capital Limited

 

Capital Limited is a leading mining services company providing a complete
range of drilling, mining, maintenance and geochemical laboratory solutions to
customers within the global minerals industry. The Company's services include
exploration, delineation and production drilling; load and haul services;
maintenance; and geochemical analysis. The Group's corporate headquarters are
in the United Kingdom, and it has established operations in Côte d'Ivoire,
Canada, Democratic Republic of Congo, Egypt, Gabon, Ghana, Guinea, Kenya,
Mali, Mauritania, Nigeria, Pakistan, Saudi Arabia, Tanzania and the United
States of America.

 

 

 

 

 

 1  (#_ftnref1) The "For" vote includes those giving the Chair of the AGM
discretion.

 2  (#_ftnref2) A "Vote Withheld" is not a vote in law and is not counted in
the calculation of the proportion of the votes "For" and "Against" the
resolution.

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