REG-Bisichi Mining PLC: Result of AGM

BisichiAnnouncement

11/06/2019 18:30

Bisichi Mining PLC (“the Company”)

The Company announces that at the Company’s 107th Annual General Meeting
held on 11 June 2019 at 24 Bruton Place, London W1J 6NE the following results
in regard to ordinary resolutions concerning ordinary business.

The votes were as follows:

Resolution 1, Resolutions 3-4 and Resolutions 8-10 were passed with voting
conducted on a show of hands.

Resolutions 2, 5, 6 and 7 were passed with voting conducted by way of a poll.

Proxies received in respect of those resolutions passed on a show of hands are
shown below:

                                                 Resolution                                                    VOTES      %     VOTES    %  (2)    VOTES    % of ISC VOTED  (3)      VOTES       
                                                                                                                FOR             AGAINST            TOTAL                          WITHHELD  (1)  
 1 - To receive and adopt the Company’s annual accounts                                                       5,960,447    100         0       0  5,960,447                 55.8         115,000 
 3 - To declare and approve a final dividend of 3 pence per share.                                            6,075,447    100         0       0  6,075,447                 56.9               0 
 4 - To declare and approve a special dividend of 2 pence per share                                           6,075,447    100         0       0  6,075,447                 56.9               0 
 8 - To re-appoint BDO LLP as auditors of the Company                                                         5,960,412  99.99        35    0.01  5,960,447                 55.8         115,000 
 9 - To authorise the directors to determine the remuneration of the auditors                                 5,960,447    100         0       0  5,960,447                 55.8         115,000 
 10 - To authorise the directors under section 551 of the Companies Act 2006 to allot shares in the Company   5,730,447  94.32   345,000    5.68  6,075,447                 56.9               0 

The full report of the resolutions passed with voting by way of a poll are
below:

               Resolution                  VOTES      %      VOTES    %   (2)    VOTES    % of ISC VOTED  (3)      VOTES      
                                            FOR             AGAINST              TOTAL                          WITHHELD (1)  
 2 - To approve the Remuneration Report   5,634,808  70.00  2,414,489    30.00  8,049,297                 75.4          2,304 
 5 -To re-elect Sir Michael Heller        5,642,021  94.22    346,152     5.78  5,988,173                 56.1      2,063,428 
 6 – To re-elect Mr CA Joll               5,643,045  70.84  2,322,306    29.16  7,965,351                 74.6         86,250 
 7– To re-elect Mr JA Sibbald             5,641,978  70.83  2,323,373    29.17  7,965,351                 74.6         86,250 

1              A vote withheld is not a vote in law and is not
counted in the calculation of votes validly cast for or against a resolution.

2              The percentage excludes votes withheld as these
are not votes in law.

3              ISC – Issued Share Capital. As at the date of
the AGM, the Company’s issued share capital (excluding treasury shares)
consisted of 10,676,839 Ordinary Shares of 10 pence each, carrying one vote
each. Therefore the total number of voting rights as at the date of the AGM
was 10,676,839.

A copy of the resolutions passed at the AGM has been submitted to the National
Storage Mechanism and will shortly be available for viewing at
www.morningstar.co.uk/uk/nsm and will be uploaded to the Company’s website
shortly.

For further information, please contact:

Garrett Casey

Secretary

Bisichi Mining plc

Tel: 020 7415 5000

11 June 2019

END



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