REG - Northern Bear Plc - Result of AGM

Northern BearAnnouncement

19/09/2024 17:30

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RNS Number : 9445E  Northern Bear Plc  19 September 2024

19 September 2024

Northern Bear plc

("Northern Bear" or the "Company")

 

Result of AGM

 

The board of directors of Norther Bear (LSE:NTBR) announces that, at its
Annual General Meeting ("AGM") held earlier today, all resolutions were duly
passed.

Resolutions 1 to 9 were passed as Ordinary Resolutions and Resolutions 10 and
11 were passed as Special Resolutions. The voting results on all resolutions
at the AGM were as follows:

 

 Resolution                                                                     For        %        Against  %      Vote Total (including votes withheld)  Vote Total as a % of Issued Share Capital  Withheld*

 1.   To adopt the directors' and auditors reports and financial statements     6,400,624  100.00%  0        0.00%  6,400,624                              46.63%                                     0
 for the year ended 31st March 2024
 2.   Authority for the directors to declare and pay a final dividend           6,400,624  100.00%  0        0.00%  6,400,624                              46.63%                                     0
 3.   To elect Martin Brett Boden as a director                                 6,400,624  100.00%  0        0.00%  6,400,624                              46.63%                                     0
 4.   To elect Simon Alexander Carr as a director                               6,400,624  100.00%  0        0.00%  6,400,624                              46.63%                                     0
 5.   To elect John Peter Davies as a director                                  6,400,564  100.00%  60       0.00%  6,400,624                              46.63%                                     0
 6.   To elect Steven Mark Roberts as a director                                6,400,624  100.00%  0        0.00%  6,400,624                              46.63%                                     0
 7.   To re-appoint Saffery LLP as auditor                                      6,400,624  100.00%  0        0.00%  6,400,624                              46.63%                                     0
 8.   To authorise the directors to agree the remuneration of the auditors      6,400,624  100.00%  0        0.00%  6,400,624                              46.63%                                     0
 9.   Authority for the directors to allot up to 4,125,082 ordinary shares      6,379,804  99.67%   20,260   0.32%  6,400,624                              46.63%                                     560
 (representing 30 per cent. of the Issued Share Capital)
 10.  Special resolution: Authority for the directors to allot up to 687,513    6,338,874  99.04%   61,190   0.96%  6,400,624                              46.63%                                     560
 ordinary shares (representing 5 per cent. of the Company's issued ordinary
 shares), for cash, disapplying pre-emption rights
 11.  Special Resolution: Authority for the Company to purchase up to 687,513   6,365,004  99.44%   35,060   0.55%  6,400,624                              46.63%                                     560
 ordinary shares (representing approximately 5 per cent. of the Company's
 issued ordinary shares)

 

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

 

For further information, please contact:

 Northern Bear PLC                           +44 (0) 166 182 0369

 Tom Hayes - Finance Director
 John Davies - Chief Executive Officer

 Strand Hanson Limited (Nominated Adviser)   +44 (0) 20 7409 3494

 James Harris

 James Bellman

                                             +44 (0) 20 3764 2341

 Hybridan LLP (Nominated Broker)

 Clarie Louise Noyce

 

 

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