REG-Augmentum Fintech plc: Result of AGM

Augmentum FintechAnnouncement

19/09/2024 14:30

LEI: 213800OTQ44T555I8S71

 

19 September 2024

 

Augmentum Fintech plc

(the ‘Company’)

Result of Annual General Meeting and Board Update

At the Augmentum Fintech plc Annual General Meeting held earlier today all of
the resolutions were decided by poll and all were passed. The results of the
poll are set out below. 

 

 Resolutions                                                                                                                                                                       Votes       %       Votes      %      Total         Votes       
                                                                                                                                                                                    For                 Against           Votes Cast    Withheld   
 Ordinary Resolutions                                                                                                                                                                                                                              
 1. To receive the Annual Report and Financial Statements for the year ended 31 March 2024.                                                                                        60,620,864  99.99%  4,232      0.01%  60,625,096    36,296      
 2. To re-elect Karen Brade as a Director of the Company.                                                                                                                          59,420,488  98.07%  1,171,007  1.93%  60,591,495    69,897      
 3. To re-elect David Haysey as a Director of the Company.                                                                                                                         59,440,729  98.09%  1,157,242  1.91%  60,597,971    63,421      
 4. To re-elect Conny Dorrestijn as a Director of Company.                                                                                                                         59,040,903  97.44%  1,551,128  2.56%  60,592,031    69,361      
 5. To re-elect Sir William Russell as a Director of Company.                                                                                                                      59,387,274  98.00%  1,209,541  2.00%  60,596,815    64,577      
 6. To receive and approve the Directors’ Remuneration Report for the year ended 31 March 2024.                                                                                    60,322,979  99.73%  160,670    0.27%  60,483,649    177,743     
 7. To re-appoint BDO LLP as Auditor of Company.                                                                                                                                   60,554,552  99.88%  73,896     0.12%  60,628,448    31,865      
 8. To authorise the Audit Committee to determine the Auditor’s remuneration.                                                                                                      60,613,544  99.97%  16,686     0.03%  60,630,230    31,162      
 9.To authorise the Directors to allot securities in the Company within limitations set out in the Notice of meeting.                                                              60,453,181  99.69%  185,049    0.31%  60,638,230    23,162      
 Special Resolutions                                                                                                                                                                                                                               
 10. To disapply pre-emption rights in relation to the allotment of securities for cash and the sale of shares from treasury within limitations set out in the Notice of meeting.  60,225,774  99.34%  403,140    0.66%  60,628,914    32,478      
 11. To authorise the Company to make market purchases of Ordinary shares in the Company within limitations set out in the Notice of meeting.                                      60,574,373  99.89%  63,857     0.11%  60,638,230    23,162      
 12. To permit the Directors to call General Meetings (excluding the AGM) on not less than 14 clear days’ notice.                                                                  60,346,862  99.54%  281,302    0.46%  60,628,164    33,228      

 

Notes:

 

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.

 

Any proxy votes that were at the discretion of the Chairman have been included
in the "for" total.

 

At the date of the Annual General Meeting the total number of Ordinary shares
of 1p each in issue, excluding shares held in treasury, and the total number
of voting rights was 167,971,971.

 

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
https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company’s
website, www.augmentum.vc.

 

In accordance with United Kingdom Listing Rules 6.4.2 and 6.4.3, 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.

.

 

Board Update

 

As announced in the Company’s 2024 annual report, following the Annual
General Meeting and having served as Chair since IPO in 2018, Neil England has
retired from the Board, as part of an orderly Board refreshment.  The
Directors would like to express their warmest thanks to Neil for his
leadership and wisdom over the past six years and wish him all the best for
the future.

 

The recruitment process for a successor, which has been conducted with the
assistance of an independent search firm, is well underway and the Company
will make a further announcement in due course.  David Haysey has agreed to
stand in as interim Chair until an appointment is made.

 

 

For further information, please contact:

 

 Frostrow Capital LLP Paul Griggs, Company Secretary  +44 (0)20 3170 8733 info@frostrow.com  

 



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