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REG - Kefi Gold and Copper - Result of AGM

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RNS Number : 5534E  Kefi Gold and Copper PLC  30 June 2023

30 June 2023

 KEFI Gold and Copper plc

 ("KEFI" or the "Company")

Result of AGM

KEFI Gold and Copper plc (AIM: KEFI), the gold and copper exploration and
development company with projects in the Federal Democratic Republic of
Ethiopia and the Kingdom of Saudi Arabia, announces that at today's Annual
General Meeting ("AGM") of the Company all resolutions were duly passed.

The votes were cast as follows:

                                                                                  Votes For      % For   Votes Against  % Against  *Votes Withheld
 1.     To receive and adopt the audited financial statements of the              1,170,594,638  99.93%  538,364        0.05%      232,597
 Company, the Strategic Report, the Directors' Report and the Auditor's Report
 for the financial year ended 31 December 2022
 2. To reappoint Rich Robinson as a director of the Company                       1,161,570,888  99.16%  8,051,289      0.69%      1,743,422
 3. To reappoint John Leach as a director of the Company                          1,122,324,217  95.81%  47,297,960     4.04%      1,743,422
 4. To re-appoint BDO LLP as auditors of the Company                              1,164,384,395  99.40%  6,555,722      0.56%      425,482
 5. To authorise the Directors to determine the remuneration of the Company's     1,166,935,622  99.62%  3,997,437      0.34%      432,540
 auditors
 6. To authorise the Directors pursuant to Section 551 of the Companies Act       1,115,763,761  95.25%  55,244,966     4.72%      356,872
 2006 (the "Act") to allot shares and grant rights to subscribe for shares
 SPECIAL RESOLUTIONS

 7. To authorise the Directors under Section 570 of the Act to allot equity       1,115,059,484  95.19%  55,949,243     4.78%      356,872
 securities (within the meaning of Section 560 of the Act) as if Section 561 of
 the Act did not apply to such allotment

 

* Votes withheld are not a vote in law and were not included in the
calculations for the "for" and "against" percentages

Following the passing of Resolution 7, an application has been made for the
98,325,128 Conditional Subscription Shares, 34,820,080 Retail Shares and
107,142,857 Remuneration Shares to be admitted to trading on AIM
("Admission"). It is expected that Admission will become effective on or
around 8.00 a.m. on 3 July 2023.

Total Voting Rights

Following Admission, the total issued share capital of the Company will
consist of 4,965,121,400 Ordinary Shares each with voting rights. The Company
does not hold any Ordinary Shares in treasury. Therefore, the total number of
voting rights in the Company will be 4,965,121,400 and this figure may be used
by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change in
their interest in, the share capital of the Company under the FCA's Disclosure
Guidance and Transparency Rules.

Defined terms in this announcement shall have the same meaning as in the
announcement dated 30 May 2023 at 17.32 entitled "Placing and Notice of AGM"
and 9 June 2023 at 13.16 entitled "Proposed Issue of Remuneration Shares"
unless otherwise specified.

 

 

Enquiries

 KEFI Gold and Copper plc
 Harry Anagnostaras-Adams (Executive Chairman)                         +357 994 57843
 John Leach (Finance Director)                                         +357 992 08130

 SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker)   +44 (0) 20 3470 0470
 Jeff Keating, Adam Cowl

 Tavira Financial Limited (Joint Broker)                               +44 (0) 20 7100 5100
 Oliver Stansfield, Jonathan Evans

 IFC Advisory Ltd (Financial PR and IR)                                +44 (0) 20 3934 6630
 Tim Metcalfe, Florence Chandler

Further information can be viewed at https://www.kefi-goldandcopper.com
(https://www.kefi-goldandcopper.com)

 

 1.            Details of the person discharging managerial responsibilities/person closely
               associated
 a)            Name:                                                         1.    Harry Anagnostaras-Adams

                                                                             2.    John Leach
 2.            Reason for the notification
 a)            Position/status:                                              1.    Executive Chairman

                                                                             2.    Finance Director
 b)            Initial notification/Amendment:                               Initial notification
 3.            Details of the issuer, emission allowance market participant, auction
               platform, auctioneer or auction monitor
 a)            Name:                                                         KEFI Gold and Copper plc
 b)            LEI:                                                          GB00BD8GP619
 4.            Details of the transaction(s): section to be repeated for (i) each type of
               instrument; (ii) each type of transaction; (iii) each date; and (iv) each
               place where transactions have been conducted
 a)            Description of the financial instrument, type of instrument:  Ordinary shares of £0.001 each

               Identification code:                                          GB00BD8GP619

 b)            Nature of the transaction:                                    Shares in lieu of cash
 c)            Price(s) and volume(s):

    Price(s)  Volume(s)
                                                                             1 0.7p      26,428,571
                                                                             2 0.7p      14,285,714

 

 d)            Aggregated information:                                       Single transactions as in 4 c) above

    Price(s)  Volume(s)
               Aggregated volume:                                            1 0.7p      26,428,571

                                                             2 0.7p      14,285,714
               Price:

 

 e)            Date of the transaction:                                      30 June 2023
 f)            Place of the transaction:                                     Outside a trading venue

 

 

d)

Aggregated information:

Aggregated volume:

Price:

 

Single transactions as in 4 c) above

     Price(s)  Volume(s)
 1   0.7p      26,428,571
 2   0.7p      14,285,714

 

e)

Date of the transaction:

30 June 2023

f)

Place of the transaction:

Outside a trading venue

 

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