REG - Supply@ME Capital - Result of AGM

Supply@Me CapitalAnnouncement

28/06/2024 09:30

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RNS Number : 3424U  Supply@ME Capital PLC  28 June 2024

28 June 2024

Supply@ME Capital plc

(the "Company" or "SYME")

Result of Annual General Meeting ("AGM")

 

SYME, the fintech business which provides an innovating platform ("Platform")
for use by manufacturing and trading companies to access Inventory
Monetisation© ("IM") solutions enabling their businesses to generate
cashflow, announces that at the AGM held on 26 June 2024 all of the
resolutions, with the exception of resolution 7, set out in the notice of AGM,
dated 29 May 2024, were duly passed on a poll with the results as stated
below.

 Resolution                                                                      Type      In Favour      %      Against        %      Total          Withheld*
 1.     To receive the 2023 Annual Report and Accounts for the financial         Ordinary  3,710,074,883  91.50  344,453,243    8.50   4,054,528,126  28,003,847
 year ended 31 December 2023 together with the Directors' Report, Strategic
 Report and Auditors' Report on those accounts.
 2.     To approve the Directors' remuneration report for the financial          Ordinary  2,872,373,779  70.76  1,186,876,220  29.24  4,059,249,999  23,281,974
 year ended 31 December 2023.
 3.     To re-appoint Crowe U.K. LLP as auditors of the Company.                 Ordinary  3,700,624,551  91.32  351,736,537    8.68   4,052,361,088  30,170,885
 4.     To authorise the Directors to determine the amount of the Auditors'      Ordinary  3,653,541,038  90.30  392,562,772    9.70   4,046,103,810  36,428,163
 remuneration.
 5.     To re-appoint Mr. Enrico Camerinelli as a Director.                      Ordinary  3,580,403,732  88.80  451,454,690    11.20  4,031,858,422  50,673,551
 6.     To authorise the Directors to: (i) allot shares or to grant rights       Ordinary  2,296,718,863  56.50  1,768,516,039  43.50  4,065,234,902  17,297,071
 to subscribe for or to convert any security into shares in relation to any
 warrants; and (ii) provide a further general authority. In total the
 authorities would permit the Directors to allot and issue ordinary share
 capital in the Company or to grant rights to subscribe for or to convert any
 security into shares up to an aggregate amount of 20% of the total number of
 issued ordinary shares in the Company as set out in the notice of the meeting
 rather than the Chairman's letter.
 7.     To authorise the Directors to disapply pre-emption rights  in            Special   2,839,515,722  70.01  1,216,197,726  29.99  4,055,713,448  26,818,525
 respect of the authorities granted pursuant to Resolution 6.
 8.     To authorise the Company to call (other than an annual general           Special   3,707,371,648  90.96  368,248,251    9.04   4,075,619,899  6,912,074
 meeting) on not less than 14 clear days' notice.

*A vote withhold is not a vote in law and is not counted for the purposes of
the calculation of the proportion of votes 'For' and 'Against' a resolution.

The results are also available on the Company's website by following the link
below: https://www.supplymecapital.com/shareholder-meetings/.

Contact information

Alessandro Zamboni, CEO, Supply@ME Capital
plc, investors@supplymecapital.com (about%3Ablank) .

Notes

SYME and its operating subsidiaries provide its Platform for use by
manufacturing and trading companies to access inventory trade solutions
enabling their businesses to generate cashflow, via a non-credit approach and
without incurring debt. This is achieved by their existing eligible inventory
being added to the Platform and then monetised via purchase by third party
Inventory Funders. The inventory to be monetised can include warehouse goods
waiting to be sold to end-customers or goods/commodities that are part of a
typical import/export transaction.

 

 

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