REG - Supply @ME Capital - Result of AGM

Supply@Me CapitalAnnouncement

23/06/2023 17:45

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RNS Number : 8013D  Supply @ME Capital PLC   23 June 2023

23 June 2023

Supply@ME Capital plc

(the "Company" or "SYME")

Result of Annual General Meeting ("AGM")

 

SYME, the fintech business which provides an innovating platform ("Platform")
for us by manufacturing and trading companies to access Inventory
Monetisation© ("IM") solutions enabling their businesses to generate cashflow
is pleased to announce that at the AGM held on 23 June 2023 all of the
resolutions set out in the notice of AGM, dated 31 May 2023, were duly passed
on a poll with the results as stated below.

 Resolution                                                                      Type      In Favour      %      Against     %     Total          Withheld*
 1.     To receive the 2022 Annual Report and Accounts for the financial         Ordinary  2,642,162,737  99.74  6,886,125   0.26  2,649,048,862  1,264,772
 year ended 31 December 2022 together with the Directors' Report, Strategic
 Report and Auditors' Report on those accounts.
 2.     To approve the Directors' remuneration report for the financial          Ordinary  2,629,954,150  99.31  18,232,816  0.69  2,648,186,966  2,126,668
 year ended 31 December 2022.
 3.     To approve the Directors' Remuneration Policy.                           Ordinary  2,628,985,769  99.28  19,034,860  0.72  2,648,020,629  2,293,005
 4.     To reconfirm and approve actions taken in 2022 and to date in 2023       Ordinary  2,633,932,715  99.48  13,849,400  0.52  2,647,782,115  2,531,519
 consistent with the proposed Directors' Remuneration Policy, referred to in
 Resolution 3 above, in light of the prior year's Directors' Remuneration
 Policy including a typographical error.
 5.     To re-appoint Crowe U.K. LLP as auditors of the Company                  Ordinary  2,641,443,097  99.69  8,113,340   0.31  2,649,556,437  757,197
 6.     To authorise the Directors to determine the amount of the Auditors'      Ordinary  2,633,100,287  99.56  11,553,661  0.44  2,644,653,948  5,659,686
 remuneration.
 7.     To re-appoint Mr. Albert Ganyushin as a Director.                        Ordinary  2,638,575,917  99.63  9,680,504   0.37  2,648,256,421  2,057,213
 8.     To appoint Ms. Alexandra Galligan as a Director.                         Ordinary  2,638,854,205  99.64  9,402,216   0.36  2,648,256,421  2,057,213
 9.     To authorise the Directors to: (i) allot shares or to grant rights       Ordinary  2,604,138,228  99.21  20,799,065  0.79  2,624,937,293  25,376,341
 to subscribe for or to convert any security into shares in relation to those
 warrants that have been issued to Venus Capital S.A., Mercator Capital
 Management Fund LP and Open Offer Warrantholders; and (ii) provide a further
 general authority. In total the authorities would permit the Directors to
 shares or to grant rights to subscribe for or to convert any security into
 shares representing 30% of the total number of issued Ordinary Shares as at
 the date of this Notice.
 10.  To authorise the Directors to disapply pre-emption rights  in respect      Special   2,632,070,635  99.37  16,657,106  0.63  2,648,727,741  1,585,893
 of the authorities granted pursuant to Resolution 9.
 11.  To authorise the Company to call (other than an annual general meeting)    Special   2,639,480,715  99.67  8,851,249   0.33  2,648,331,964  1,981,670
 on not less than 14 clear days' notice.

*A vote withhold is not a vote in law and is not counted for the purposes of
the calculation of the proportion of votes 'For' and 'Against' a resolution.

The results are also available on the Company's website by following the link
below: https://www.supplymecapital.com/investor/shareholder-meetings/
(https://www.supplymecapital.com/investor/shareholder-meetings/) .

Contact information

Alessandro Zamboni, CEO, Supply@ME Capital
plc, investors@supplymecapital.com (about:blank)

MHP Group, SupplyME@mhpgroup.com (about:blank)

Notes

SYME and its operating subsidiaries provide its Platform for use by
manufacturing and trading companies to access inventory trade solutions
enabling their businesses to generate cashflow, via a non-credit approach and
without incurring debt. This is achieved by their existing eligible inventory
being added to the Platform and then monetised via purchase by third party
Inventory Funders. The inventory to be monetised can include warehouse goods
waiting to be sold to end-customers or goods that are part of a typical
import/export transaction. SYME announced in August 2021 the launch of a
global IM programme which will be focused on both inventory in transit
monetisation and warehoused goods monetisation. This programme will be focused
on creditworthy companies and not those in distress or otherwise seeking to
monetise illiquid inventories.

 

 

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