REG - Kazera Global PLC - Result of AGM

Kazera GlobalAnnouncement

17/01/2024 17:30

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RNS Number : 0607A  Kazera Global PLC  17 January 2024

17 January 2024

 

Kazera Global plc

("Kazera" or "the Company")

 

Result of AGM

 

Kazera Global plc, the AIM-quoted investment company, announces that at its
Annual General Meeting held today, 17 January 2024, resolutions 1 to 7 were
duly passed on a show of hands.

 

Resolutions 8 and 9, which provided authorities to allot equity securities of
the Company up to a maximum nominal amount of £187,266, were withdrawn with
the consent of the meeting because insufficient votes were available at the
meeting to enable these resolutions to pass.

 

The Board had proposed resolutions 8 and 9 as it considered the flexibility
afforded by these authorities to be in the best interests of the Company
without requiring the Company to conduct an additional general meeting. The
principal shareholder objecting to the resolutions has been consulted and
their position is understood.

 

The Company's existing authority to allot equity securities as passed at the
Annual General Meeting of the Company held on 26 April 2023 remains in full
force and effect until 18 July 2024.

 

The full text of all the resolutions can be found in the Notice of Annual
General Meeting, dated 15 December 2023, a copy of which is available on the
Company's website at:

www.kazeraglobal.com/reports-presentations
(https://www.kazeraglobal.com/reports-presentations/)

 

The table below shows the proxy votes received on the resolutions proposed at
the General Meeting.

 

 Resolution  Votes For*   %       Votes Against  %      No. Votes Cast  Votes Withheld**
 1           272,887,360  99.84%  449,628        0.16%  273,336,988     42,000,000
 2           272,814,678  99.81%  522,310        0.19%  273,336,988     42,000,000
 3           272,814,678  99.81%  522,310        0.19%  273,336,988     42,000,000
 4           272,814,678  99.81%  522,310        0.19%  273,336,988     42,000,000
 5           272,814,678  99.81%  522,310        0.19%  273,336,988     42,000,000
 6           272,814,678  99.81%  522,310        0.19%  273,336,988     42,000,000
 7           272,814,678  99.81%  522,310        0.19%  273,336,988     42,000,000
 8           Withdrawn
 9           Withdrawn

 

* Includes discretionary votes

**A vote withheld is not a vote in law and is not counted in the calculation
of the proportion of votes "For" or "Against" any of the resolutions

 

 

**ENDS**

 

 Kazera Global plc                                                         kazera@stbridespartners.co.uk (mailto:kazera@stbridespartners.co.uk)   

 Dennis Edmonds, CEO                                                         
 Cavendish Capital Markets Ltd (Nominated Adviser and Broker)              Tel: +44 (0)207 220 0500  

 Derrick Lee / Neil McDonald / Fergus Sullivan (Corporate Finance)  
 St Brides Partners (Financial PR)                                         kazera@stbridespartners.co.uk (mailto:kazera@stbridespartners.co.uk)   

 Paul Dulieu / Isabel de Salis                                               

 

About Kazera Global plc

Kazera is a global investment company focused on developing early-stage assets
towards meaningful cashflow and production in the resource sector. Its current
assets include a diamond mine and Heavy Mineral Sands production in South
Africa. The Company intends to leverage its unique board expertise, investment
capability and operational proficiency, to facilitate exceptional cash
generation and shareholder growth. 

 

For further information on the Company, please visit: www.
(http://www.kazeraglobal.com/) kazeraglobal (http://www.kazeraglobal.com/)
.com (http://www.kazeraglobal.com/) .

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