REG - Boston International - Result of General Meeting

Boston International HoldingsAnnouncement

14/11/2024 16:15

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RNS Number : 3206M  Boston International Holdings PLC  14 November 2024

The information contained within this announcement is deemed by the Company to
constitute inside information for the purposes of Article 7 of EU Regulation
596/2014 (which forms part of domestic UK law pursuant to the European Union
(Withdrawal) Act 2018) ("UK MAR"). Upon the publication of this announcement
via a Regulatory Information Service, this information is considered to be in
the public domain.

For immediate release

14 November 2024

BOSTON INTERNATIONAL HOLDINGS PLC

("BIH" or the "Company")

Result of General Meeting

The board of directors of the Company (the "Board") is pleased to announce
that at the General Meeting of the Company held at the offices of Gowling WLG
(UK) LLP, 4 More London Riverside, London SE1 2AU at 11.00am today, all four
Resolutions put to shareholders in connection with the subscription by Zarara
Energy Ltd ("ZEL") for 222,407,081 new ordinary shares of 0.1 pence each in
the Company (the "Subscription") - being Resolutions 1 and 2 as ordinary
resolutions and Resolutions 3 and 4 as special resolutions - were duly passed
unanimously, in each case on a poll.

In respect of each of the Resolutions, there were 54,817,627 votes 'For' the
Resolution and no votes 'Against' the Resolution or 'Withheld'. In relation to
Resolution 1, all shareholders of the Company who voted were independent for
the purposes of the City Code on Takeover and Mergers.

As at 14 November 2024, there were 148,219,943 ordinary shares of 0.1 pence in
the Company in issue. Shareholders are entitled to one vote per share.

The full text of each Resolution is available in the Notice of General Meeting
contained in the circular to shareholders of the Company dated 29 October 2024
(the "Circular"), published on the Company's website at https://www.bihplc.com
(https://www.bihplc.com) .

A copy of the Resolutions will be submitted to the FCA via the National
Storage Mechanism and will shortly be available for viewing at the National
Storage Mechanism: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

Completion of Subscription

A further announcement regarding completion of the Subscription will be made
by the Company as soon as practicable following such completion.

On completion of the Subscription, ZEL will hold shares carrying votes in
respect of 60.00 per cent. of the enlarged issued share capital of the Company
and 51.00 per cent. of the enlarged fully diluted share capital (if the
conversion rights attaching to all the Existing Convertible Loan Notes and all
the New Convertible Loan Notes (as defined in the Circular) are exercised).

For more information, please contact:-

 Boston International Holdings Plc
 Christopher Pitman, Chairman                         +44 (0) 7768 104329
 Beaumont Cornish Limited (Rule 3/Financial adviser)
 Roland Cornish / Asia Szusciak                       +44 (0) 20 7628 3396

Important Notice:-

Beaumont Cornish Limited, which is authorised and regulated in the United
Kingdom by the Financial Conduct Authority, is financial adviser to the
Company in relation to the matters referred herein and the independent adviser
to the Directors of the Company for the purposes of Rule 3 of the Takeover
Code. Beaumont Cornish Limited is acting exclusively for the Company and for
no one else in relation to the matters described in this announcement and is
not advising any other person and accordingly will not be responsible to
anyone other than the Company for providing the protections afforded to
clients of Beaumont Cornish Limited, or for providing advice in relation to
the contents of this announcement or any matter referred to in it.

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