June 13, 2024 (Source) — The board of directors of Panther Metals plc (LSE: PALM) is pleased to announce that at the Annual General Meeting (“AGM“) of the Company held earlier today all resolutions were duly passed.
The result of the poll, including the proxy voting, is as follows:
| Resolution | Votes for | % | Discretion Voted Holding | Votes Against | Votes withheld |
| Ordinary ResolutionResolution 1To approve the 2023 Annual Report of the Company | 13,107,766 | 99.44 | 0 | 74,471 | 0 |
| Ordinary ResolutionResolution 2To approve the Directors’ Remuneration Report | 13,055,228 | 99.08 | 0 | 121,739 | 5,270 |
| Ordinary ResolutionResolution 3To re-appoint Darren Hazelwood as a director of the Company | 13,078,232 | 99.27 | 0 | 96,735 | 7,270 |
| Ordinary ResolutionResolution 4To re-appoint Katherine O’Reilly as a director of the Company | 13,078,232 | 99.27 | 0 | 96,735 | 7,270 |
| Ordinary ResolutionResolution 5To re-appoint Simon Rothschild as a director of the Company | 13,078,232 | 99.27 | 0 | 96,735 | 7,270 |
| Ordinary ResolutionResolution 6To re-appoint Nicholas O’Reilly as a director of the Company | 13,078,232 | 99.27 | 0 | 96,735 | 7,270 |
| Ordinary ResolutionResolution 7To re-appoint Tracy Weslosky as a director of the Company | 13,078,232 | 99.27 | 0 | 96,735 | 7,270 |
| Ordinary ResolutionResolution 8To re-appoint Keelings Limited as the auditor of the Company | 13,093,502 | 99.34 | 0 | 86,735 | 2,000 |
| Ordinary ResolutionResolution 9To approve the share consolidation (“Share Consolidation“) | 8,483,610 | 64.36 | 0 | 4,698,627 | 0 |
| Ordinary ResolutionResolution 10To approve authority to allot shares of the Company | 8,981,991 | 98.66 | 0 | 121,739 | 4,078,507 |
| Special ResolutionResolution 11To approve the disapplication of pre-emption rights | 8,981,991 | 98.90 | 0 | 100,354 | 4,099,892 |
The resolutions were all passed on a poll, with votes cast in accordance with proxy voting instructions submitted to the Company by the relevant deadline, together with those cast at the AGM itself, and will be available on the National Storage Mechanism, https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The result of poll and proxy voting will also be available on the Company’s website, https://www.panthermetals.co.uk/.
Share Consolidation
At the meeting, inter alia, a resolution was passed which approved the consolidation of 92,822,307 existing ordinary shares (“Existing Ordinary Shares“) of no par value on a 25 into 1 basis, such that every 100 Existing Ordinary Shares are consolidated into 4 ordinary shares. As a result of the approval of the Share Consolidation, the Company will have 3,712,309 new Ordinary Shares in issue (“New Ordinary Shares“). Admission in respect of such New Ordinary Shares to the standard segment of the Official List of the FCA and to trading on the Main Market for listed securities of the London Stock Exchange will become effective and dealings in those New Ordinary Shares will commence on 14 June 2024. As a result of the Share Consolidation, the ISIN of the New Ordinary Shares will change from IM00BKDM2T52 to IM00BRF2WV49.
The above figure of 3,712,892 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Enquiries:
| Panther Metals plcDarren Hazelwood, Chief Executive OfficerMitchell Smith, Chief Operating Officer | Tel: +44 (0)1462 429 743Tel: +1 (604) 209 6678 |
| SI Capital Limited (Broker) | |
| Nick Emerson | Tel: +44 (0)1438 416 500 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Leave a Reply