REG - Ethernity Networks - Result of EGM
RNS Number : 6625QEthernity Networks Ltd22 June 202022 June 2020
ETHERNITY NETWORKS LTD.
("Ethernity" or the "Company")
Result of EGM
Ethernity (AIM: ENET), a leading supplier of functional acceleration ethernet adapter cards on FPGA (field programmable gate array) for virtualised networking appliances, announces that all resolutions proposed at its Extraordinary General Meeting ("Meeting") held earlier today were duly passed.
Each of the resolutions put to the Meeting were voted on by way of a poll. The results of the poll for each resolution were as follows:
#
Resolution
Votes
FOR%
Votes AGAINST
%
Total Votes Cast (excluding Votes WITHHELD)
Votes WITHELD
1
Increase the Company's authorised share capital
21,895,036
99.99%
419
0.01%
21,895,455
0
2
Authority to allot Ordinary Shares (as if Article 9.2 of the Company's articles of association did not apply)
21,895,036
99.99%
419
0.01%
21,895,455
0
3
Re-elect David Levi as director
21,895,036
99.99%
419
0.01%
21,895,455
0
4
Re-elect Shavit Baruch as director
21,895,036
99.99%
419
0.01%
21,895,455
0
5
Re-elect Mark Reichenberg as director
21,895,036
99.99%
419
0.01%
21,895,455
0
6
Re-elect Graham Woolfman as non-executive director
21,585,036
98.58%
310,419
1.42%
21,895,455
0
7
Re-elect Neil Rafferty as non-executive director
21,895,036
99.99%
419
0.01%
21,895,455
0
8
To adopt new amended articles of association
21,895,036
99.99%
419
0.01%
21,895,455
0
NOTES:
Link Asset Services acted as scrutineer of the poll on all resolutions.
1. Proxy appointments which gave discretion to the Chairman of the Meeting have been included in the "For" total for the appropriate resolution.
2. Votes "For" and "Against" any resolution are expressed as a percentage (rounded to two decimal places) of votes validly cast for that resolution.
3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
4. As at 22 June 2020, the Company's issued share capital consists of 32,694,686 ordinary shares with a nominal value of NIS0.001 each,
For further information, please contact:
Ethernity Networks
Tel: +972 8 915 0392
David Levi, Chief Executive Officer
Mark Reichenberg, Chief Financial Officer
Arden Partners plc (NOMAD and Joint Broker)
Tel: +44 207 614 5900
Richard Johnson / Benjamin Cryer
VSA Capital Limited (Joint Broker)
Tel: +44 20 3005 5000
Andrew Monk, Corporate Broking
Simon Barton, Corporate Finance
The PR Office
Tel: +44 207 284 6969
Marc Cohen/Tom Gilby
About Ethernity (www.ethernitynet.com)
Ethernity Networks Ltd. (AIM: ENET) provides innovative, comprehensive networking and security solutions on programmable hardware for accelerating telco/cloud networks performance. Ethernity's FPGA logic offers complete Carrier Ethernet Switch Router data plane processing and control software with a rich set of networking features, robust security, and a wide range of virtual function accelerations to optimize telecommunications networks. Ethernity's complete solutions quickly adapt to customers' changing needs, improving time-to-market and facilitating the deployment of 5G and edge computing.
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 rns@lseg.com or visit www.rns.com.ENDROMUURRRRKUNUAR
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