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RNS Number : 0607A Kazera Global PLC 17 January 2024
17 January 2024
Kazera Global plc
("Kazera" or "the Company")
Result of AGM
Kazera Global plc, the AIM-quoted investment company, announces that at its
Annual General Meeting held today, 17 January 2024, resolutions 1 to 7 were
duly passed on a show of hands.
Resolutions 8 and 9, which provided authorities to allot equity securities of
the Company up to a maximum nominal amount of £187,266, were withdrawn with
the consent of the meeting because insufficient votes were available at the
meeting to enable these resolutions to pass.
The Board had proposed resolutions 8 and 9 as it considered the flexibility
afforded by these authorities to be in the best interests of the Company
without requiring the Company to conduct an additional general meeting. The
principal shareholder objecting to the resolutions has been consulted and
their position is understood.
The Company's existing authority to allot equity securities as passed at the
Annual General Meeting of the Company held on 26 April 2023 remains in full
force and effect until 18 July 2024.
The full text of all the resolutions can be found in the Notice of Annual
General Meeting, dated 15 December 2023, a copy of which is available on the
Company's website at:
www.kazeraglobal.com/reports-presentations
(https://www.kazeraglobal.com/reports-presentations/)
The table below shows the proxy votes received on the resolutions proposed at
the General Meeting.
Resolution Votes For* % Votes Against % No. Votes Cast Votes Withheld**
1 272,887,360 99.84% 449,628 0.16% 273,336,988 42,000,000
2 272,814,678 99.81% 522,310 0.19% 273,336,988 42,000,000
3 272,814,678 99.81% 522,310 0.19% 273,336,988 42,000,000
4 272,814,678 99.81% 522,310 0.19% 273,336,988 42,000,000
5 272,814,678 99.81% 522,310 0.19% 273,336,988 42,000,000
6 272,814,678 99.81% 522,310 0.19% 273,336,988 42,000,000
7 272,814,678 99.81% 522,310 0.19% 273,336,988 42,000,000
8 Withdrawn
9 Withdrawn
* Includes discretionary votes
**A vote withheld is not a vote in law and is not counted in the calculation
of the proportion of votes "For" or "Against" any of the resolutions
**ENDS**
Kazera Global plc kazera@stbridespartners.co.uk (mailto:kazera@stbridespartners.co.uk)
Dennis Edmonds, CEO
Cavendish Capital Markets Ltd (Nominated Adviser and Broker) Tel: +44 (0)207 220 0500
Derrick Lee / Neil McDonald / Fergus Sullivan (Corporate Finance)
St Brides Partners (Financial PR) kazera@stbridespartners.co.uk (mailto:kazera@stbridespartners.co.uk)
Paul Dulieu / Isabel de Salis
About Kazera Global plc
Kazera is a global investment company focused on developing early-stage assets
towards meaningful cashflow and production in the resource sector. Its current
assets include a diamond mine and Heavy Mineral Sands production in South
Africa. The Company intends to leverage its unique board expertise, investment
capability and operational proficiency, to facilitate exceptional cash
generation and shareholder growth.
For further information on the Company, please visit: www.
(http://www.kazeraglobal.com/) kazeraglobal (http://www.kazeraglobal.com/)
.com (http://www.kazeraglobal.com/) .
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