REG - Metals Exploration - Result of AGM

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RNS Number : 0304N  Metals Exploration PLC  16 June 2025

 

16 June 2025

 

METALS EXPLORATION PLC

Result of AGM

Metals Exploration plc (AIM: MTL) (the "Company") announces that at its Annual
General Meeting held earlier today ("AGM"), all 11 resolutions were passed on
a poll.

 

The votes cast and votes withheld in relation to each resolution were as
follows:

 

      Resolution(1)                                                                    FOR                     % of votes cast  AGAINST (number of shares)(2)  % of votes cast  WITHHELD (number of shares)(3)

                                                                                       (number of shares)(2)
      Ordinary resolutions (1 to 9)
 1.   To receive the audited accounts of the Company for the year ended 31 December    1,588,693,035           99.90%           1,519,728                      0.10%            401,217
      2024, together with the Reports of the Directors and of the Auditors thereon.
 2.   To re-appoint Steven Smith as a Director of the Company.                         1,586,141,301           99.74%           4,210,250                      0.26%            262,429
 3.   To re-appoint Darren Bowden as a Director of the Company.                        1,583,141,301           99.55%           7,210,250                      0.45%            262,429
 4.   To re-appoint Timothy Livesey as a Director of the Company.                      1,586,565,056           99.76%           3,786,495                      0.24%            262,429
 5.   To re-appoint Andrew Chubb as a Director of the Company.                         1,581,502,302           99.55%           7,221,903                      0.45%            1,889,775
 6.   To re-appoint David Cather as a Director of the Company.                         1,582,031,572           99.48%           8,319,979                      0.52%            262,429
 7.   To re-appoint Robert Marshall as a Director of the Company.                      1,580,277,455           99.37%           10,074,096                     0.63%            262,429
 8.   To re-appoint PKF Littlejohn LLP as Auditors of the Company, and to authorise    1,589,824,857           99.97%           459,045                        0.03%            330,078
      the Directors to determine their remuneration.
 9.   THAT, the Directors are generally and unconditionally authorised to allot        1,586,393,374           99.74%           4,132,880                      0.26%            87,726
      Ordinary Shares and grant rights to subscribe for, or convert any security
      into, Ordinary Shares up to an aggregate nominal amount of £59,308.
      Special resolutions (10 and 11)
 10.  THAT, subject to the passing of Resolution 9 above, the Directors be empowered   1,575,230,611           99.04%           15,295,643                     0.96%            87,726
      to allot equity securities pursuant to the authority conferred by Resolution 9
      above for cash, and by way of a sale of treasury shares, as if section 561 of
      the Companies Act 2006 did not apply to any such allotment.
 11.  THAT, with effect from the conclusion of the Annual General Meeting, the draft   1,587,060,574           99.98%           387,789                        0.02%            3,165,617
      articles of association produced to the Annual General Meeting be adopted as
      the new articles of association of the Company in substitution for, and to the
      exclusion of, the Company's existing articles of association.

 

Notes:

1.     The full text of the resolutions can be found in the Notice of the
Annual General Meeting contained in the Circular to shareholders on the
Company's website at www.metalsexploration.com/investors
(http://www.metalsexploration.com/investors) .

2.     As at the record date for eligibility to vote at the Company's
Annual General Meeting, the Company had 3,216,050,370 Ordinary Shares in
issue, of which 299,385,458 Ordinary Shares are held in treasury. Accordingly,
the Company's total number of voting rights was 2,916,664,912.

3.     Votes 'Withheld' are not a vote in law and have not been counted in
the calculation of the votes % 'For' and % votes 'Against' the resolutions.

 

For further information please visit or contact:

 

 Metals Exploration PLC
 Via BlytheRay                            +44 (0) 207 138 3204

 Nominated & Financial Adviser:           STRAND HANSON LIMITED
 James Spinney, James Dance, Rob Patrick  +44 (0) 207 409 3494

 Broker:                                  HANNAM & PARTNERS
 Matt Hasson, Franck Nganou               +44 (0) 207 907 8500

 Public Relations:                        BLYTHERAY
 Megan Ray, Said Izagaren                 +44 (0) 207 138 3204
                                          metalsexploration@blytheray.com (mailto:metalsexploration@blytheray.com)

 

Web:                www.metalsexploration.com
(http://www.metalsexploration.com)

X:                     @MTLexploration
(https://twitter.com/MTLexploration)

LinkedIn:           Metals Exploration
(https://www.linkedin.com/company/metals-exploration-plc)

 

 

 

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