Result of AGM

Global Invacom

28/04/2021 10:30

RNS Number : 8750W

Global Invacom Group Limited

28 April 2021

 

Global Invacom Group Limited

("Global Invacom", the "Company" or the "Group")

Results of Annual General Meeting

 

Singapore/London, 28 April 2021 - The Board of Directors (the "Board") of Global Invacom is pleased to announce that at the Annual General Meeting ("AGM") of the Company held by electronic means today, all resolutions set out in the notice of AGM dated 13 April 2021 were duly passed by way of a poll.

 

a)   The results of the poll on each of the resolution cast at the AGM are set out below for information:

 

Resolutionnumberand details
Total
numberof
shares
represented
byvotesfor
andagainst
therelevant
resolution
For
Against
Number of
shares
Asa
percentage
oftotal
numberof
votesfor
and
againstthe
resolution
(%)
Number of
shares
Asa
percentage
oftotal
numberof
votesfor
and
againstthe
resolution
(%)
Ordinary Resolution1
Directors'Statementand AuditedFinancial Statementsfortheyear ended31December2020
103,168,539
103,168,539
100
0
0
Ordinary Resolution2
Re-electionofMr Anthony Brian TaylorasaDirector
92,028,837
92,028,837
100
0
0
Ordinary Resolution3
Re-electionofMrCosimo BorrelliasaDirector
103,168,539
103,168,539
100
0
0
Ordinary Resolution 4
Re-electionofMr Wayne Robert Porritt asaDirector
103,168,539
103,168,539
100
0
0
Ordinary Resolution 5
Approval of payment of Directors' fees for the financial year ending 31 December 2021 amounting to S$294,525, payable quarterly in arrears
80,989,135
80,989,135
100
0
0
Ordinary Resolution 6
Re-appointment of Moore Stephens LLP as Auditors
103,168,539
103,168,539
100
0
0
Ordinary Resolution 7A
Approval for Mr John Lim Yew Kong to continue as Independent Director (Tier 1 Voting)
92,556,039
92,556,039
100
0
0
Ordinary Resolution 7B
Approval for Mr John Lim Yew Kong to continue as Independent Director (Tier 2 Voting)
59,136,933
59,136,933
100
0
0
Ordinary Resolution 8A
Approval for Mr Cosimo Borrelli to continue as Independent Director (Tier 1 Voting)
92,571,039
92,571,039
100
0
0
Ordinary Resolution 8B
Approval for Mr Cosimo Borrelli to continue as Independent Director (Tier 2 Voting)
59,136,933
59,136,933
100
0
0
Ordinary Resolution 9
Authority to allot and issue Shares
103,168,539
103,168,539
100
0
0
Ordinary Resolution 10
Authority to allot and issue Shares under the Global Invacom Share Option Scheme 2013
47,554,779
47,554,779
100
0
0
Ordinary Resolution 11
Authority to offer and grant Shares under the Global Invacom Performance Share Plan 2013
47,554,779
47,554,779
100
0
0
Ordinary Resolution 12
Renewal of Share Buyback Mandate
103,168,539
103,168,539
100
0
0

 

b)   The details of parties who are required to abstain from voting on the resolution(s), including the number of shares held and the individual resolution on which they are required to abstain from voting are set out below:

 

NameofShareholder
Number ofshares
Resolution(s) Abstained
Anthony Brian Taylor
11,139,702
2, 7B, 8B, 10 & 11
Malcolm John Burrell
11,139,702
7B, 8B, 10 & 11
JOE HARPER LIMITED
497,900
3, 7B, 8A, 8B, 10 & 11
John Lim Yew Kong
15,000
7A, 7B, 8B, 10 & 11
Shareholders of the Company who are eligible to participate in the Global Invacom Share Option Scheme 2013
11,139,952
10
Shareholders of the Company who are eligible to participate in the Global Invacom Performance Share Plan 2013
11,139,952
11

 

c)       Agile 8 Advisory Pte. Ltd. was appointed as scrutineer for the polls conducted at the AGM.

 

 

BY ORDER OF THE BOARD

 

Anthony Brian Taylor

Executive Chairman

 

For further information, please contact:

 

Global Invacom Group Limited
http://www.globalinvacom.com
Tony Taylor, Executive Chairman
via Vigo Communications
Strand Hanson Limited (Nominated Adviser and Broker)
www.strandhanson.co.uk
James Harris / Rob Patrick / Ned Foulkes
Tel: +44 20 7409 3494
Vigo Communications (Media & Investor Relations)
www.vigocomms.com
Jeremy Garcia / Charlie Neish
Tel: +44 20 7390 0238
ginv@vigocomms.com


 

 

About Global Invacom Group Limited

 

Global Invacom is a fully integrated satellite equipment provider with sites across Singapore, China, Indonesia, Philippines, Malaysia, Israel, UK and the US. Its customers include satellite broadcasters such as Sky Group of the UK and Dish Network of the USA and Data over Satellite providers including Hughes Network Systems, Viasat and Gilat Satellite Networks.

 

Global Invacom provides a full range of satellite ground equipment including antennas, LNB receivers, transceivers, fibre distribution equipment, transmitters, switches, and video distribution components, as well as manufacturing services for the defence and healthcare sectors. The Group is the world's only full‐service outdoor unit supplier.

 

Global Invacom is listed on the Mainboard of the Singapore Exchange Securities Trading Limited and its shares are admitted to trading on the AIM Market of the London Stock Exchange.

 

For more information, please refer to www.globalinvacom.com.

 

 

 

 

 

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