REG - Spectra Systems Spectra Systems-SPSC - Annual General Meeting Update

Spectra SystemsAnnouncement

14/06/2021 07:05

RNS Number : 7115B
  
Spectra Systems Corporation
  
14 June 2021
  
 

Spectra Systems Corporation
("The Company" or "Spectra")
Annual General Meeting Lack of Quorum
Spectra (AIM: SPSY.L) announces that, having received only 23 ballots, it does not have enough shareholder votes to achieve a quorum to transact business at its scheduled 2021 Annual General Meeting on 14 June 2021. The presence in person or by proxy, duly authorized, of the holders of a majority of the outstanding shares of stock entitled to vote constitutes a quorum.
A summary of the votes received is as follows:




Resolution


For


Against


Discretion


Withheld


Total




Elect BJ Penn as Director


10,291,057


-


587,861


-


10,878,918




Elect Nabil Lawandy as Director


10,291,057


-


587,861


-


10,878,918




Elect Jeremy Fry as Director


10,291,057


-


587,861


-


10,878,918




Elect Donald Stanford as Director


10,291,057


-


587,861


-


10,878,918




Ratification of Appointment of Independent Auditor


7,945,257


587,861


-


2,345,800


10,878,918




Total shares of stock outstanding as of the record date of 19 April 2021 was 45,565,335. Therefore, only approximately 24% of the shares of stock were voted.                    
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy (Chief Executive Officer)                                       Tel: +1 (0) 401 274 4700
 
WH Ireland Limited
Chris Fielding (Managing Director, Corporate Finance)                      Tel: +44 (0) 20 7220 1650
 

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