REG-Augmentum Fintech Plc: Result of AGM

Augmentum FintechAnnouncement

29/09/2020 13:50

LEI: 213800OTQ44T555I8S71

29 September 2020

Augmentum Fintech plc

(the ‘Company’)

Result of Annual General Meeting

The Augmentum Fintech plc Annual General Meeting was held earlier today. A
poll was held on each of the resolutions proposed and the results of the poll
are set out below.  All resolutions were passed.

The proxy voting figures are shown below:

                                                                                                                   Resolutions                                                                                                                   Votes  For     %    Votes Against    %    Total Votes Cast  Votes  Withheld  
 Ordinary Resolutions                                                                                                                                                                                                                                                                                                         
 1. To receive the Annual Report and Financial Statements for the year ended 31 March 2020.                                                                                                                                                      25,788,131  99.90%      26,607     0.10%     25,814,738          3,600       
 2. To re-elect Neil England as a Director of the Company.                                                                                                                                                                                       25,387,759  99.84%      39,999     0.16%     25,427,758         390,580      
 3. To re-elect Karen Brade as a Director of the Company.                                                                                                                                                                                        25,757,759  99.84%      39,999     0.16%     25,797,758          20,580      
 4. To re-elect David Haysey as a Director of Company.                                                                                                                                                                                           25,757,759  99.84%      39,999     0.16%     25,797,758          20,580      
 5. To receive and approve the Directors’ Remuneration Report for year ended 31 March 2020.                                                                                                                                                      25,659,048  99.77%      59,414     0.23%     25,718,462          99,876      
 6. To appoint BDO LLP as Auditors to Company and to authorise the Audit Committee to determine their remuneration.                                                                                                                              25,666,560  99.74%      66,700     0.26%     25,733,260          85,078      
 Special Business                                                                                                                                                                                                                                                                                                             
 7. To allot securities in the Company. (Ordinary Resolution)                                                                                                                                                                                    25,761,321  99.83%      43,752     0.17%     25,805,073          13,265      
 8. To disapply the rights of pre-emption in relation to the allotment of securities. (Special Resolution)                                                                                                                                       25,584,226  99.12%     227,032     0.88%     25,811,258          7,080       
 9. To disapply pre-emption rights on the sale of Treasury Shares and to sell Treasury Shares at a discount to the net asset value per share providing that such discount is narrower than that at which they were bought. (Special Resolution)  25,692,786  99.60%     104,345     0.40%     25,797,131          21,207      
 10. To authorise the Company to make market purchases of Ordinary shares in the Company. (Special Resolution)                                                                                                                                   25,793,674  99.90%      24,664     0.10%     25,818,338            0         
 11. That the Directors be permitted to call General Meetings (excluding the AGM) on not less than 14 clear days’ notice. (Special Resolution)                                                                                                   25,471,994  98.70%     335,127     1.30%     25,807,121          11,217      

A vote Withheld is not a vote in law and is not counted in the calculation of
the proportion of votes “For” and “Against” a resolution.

Notes:

Any proxy votes which are at the discretion of the Chairman have been included
in the "for" total. A vote withheld is not a vote in law and is not counted in
the votes for or against a resolution.

As at 11.00 a.m. on Friday, 25 September 2020, the time by which shareholders
who wanted to vote at the Annual General Meeting must have been entered on the
Company's register of members the Company’s issued share capital consists of
117,051,911 ordinary shares, carrying one vote each. There are 195,000 shares
in treasury and therefore, the total voting rights in the Company is
116,856,911.

Shareholders are entitled to one vote per share. As a result of the
coronavirus (COVID-19) situation, and in accordance with the UK Government’s
guidance on social distancing and prohibition on non-essential travel and
public gatherings, attendance at the Meeting was restricted.

The full text of the resolutions can be found in the Notice of Annual General
Meeting, which is available for viewing at the National Storage Mechanism and
can be located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and
on the Company’s website, www.augmentum.vc.

In accordance with Listing Rule 9.6.2 and Listing Rule 9.6.3, the full text of
the special business resolutions passed has been submitted to the National
Storage Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The special business
resolutions will additionally be filed with Companies House.

Terms not otherwise defined in this announcement have the meaning given to
them in the Notice of Meeting.  

For further information, please contact:

 Frostrow Capital LLP Victoria Hale, Company Secretary  +44 (0)20 3170 8732 info@frostrow.com  



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