REG - Real Good Food PLC - Result of AGM

Real Good FoodAnnouncement

27/09/2019 11:55

RNS Number : 9803N
Real Good Food PLC
27 September 2019
 


27 September 2019
Real Good Food plc
("RGF" or "the Company")
Result of AGM
The Company announces that at its Annual General Meeting (the "Meeting") held yesterday, all proposed Resolutions, with the exception of Resolutions 5, 7 and 8, were duly passed on a show of hands.
Resolution 5 to re-appoint Hugh Cawley as a director was moved to not be put to a vote by the Chairman; Hugh Cawley having resigned from his role as a director of the Company after the notice of the Meeting had been issued, as announced on 3 September 2019. At the request of certain minority shareholders present, the Resolution was put to the Meeting by means of a poll. The Resolution was not passed.
Resolution 7 to authorise the directors of the Company to allot shares was put to the Meeting and voted on by means of a poll. Resolution 7 was duly passed by a majority.
Resolution 8, a special resolution, to authorise the directors of the Company to not apply pre-emption rights, was put to the Meeting and voted on by means of a poll. Resolution 8 was not passed.
In relation to the three resolutions voted on by means of a poll, the Company's three major shareholders abstained from voting on Resolutions 7 and 8 and two of the major shareholders abstained from voting on Resolution 5.
The Board notes the significant votes against certain resolutions by minority shareholders and intends to engage actively with minority shareholders.
The result of all proxy votes (as updated for the poll votes on Resolutions 5,7 and 8 as described above) was as follows:



Resolution


Voting Method


Votes For






Votes Against






Votes withheld


Total Votes Cast (excluding withheld)




No of Shares


% of shares voted


No of shares


% of shares voted


No of shares








1


Proxy


9,033,034


67.00%


4,450,000


33.00%






13,483,034




2


Proxy


13,478,734


99.97%


4,300


0.03%






13,483,034




3


Proxy


9,028,734


66.96%


4,454,300


33.04%






13,483,034




4


Proxy


9,025,925


66.94%


4,457,109


33.06%






13,483,034




5


Poll


6,833,810


18.56%


29,989,222


81.44%






36,823,032




6


Proxy


9,033,810


67.00%


4,450,000


33.00%






13,483,810




7


Poll


9,012,498


61.36%


5,675,692


38.64%


23,339,566


14,688,190




8


Poll


9,011,887


61.35%


5,676,303


38.65%


23,339,566


14,688,190



Total shares in issue as at 26 September 2019: 99,564,430
Enquiries:



Real Good Food plc
Mike Holt, Executive Chairman
Maribeth Keeling, Finance Director


Tel: 0151 541 3790
 




finnCap Limited (Nomad and Broker)
Matt Goode / Carl Holmes / James Thompson (Corporate Finance)


Tel: 020 7220 0500




MHP Communications (Financial PR) 
Reg Hoare / Katie Hunt
 


Tel: 020 3128 8100
rgf@mhpc.com




About Real Good Food
Real Good Food plc is a food manufacturing business serving a number of market sectors including retail (own label and private label), manufacturing and export.  The Company has two businesses, Cake Decoration (Renshaw and Rainbow Dust Colours) and Food Ingredients (Brighter Foods), with leading brands in their chosen markets.



 




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