To view the PDF file, sign up for a MySharenet subscription.

MARSHALL MONTEAGLE PLC - Results of AGM and changes to the board

Release Date: 15/05/2020 15:41
Code(s): MMP     PDF:  
Wrap Text
Results of AGM and changes to the board

Marshall Monteagle PLC (“Marshall”)

(Incorporated in Jersey and registered as
an external company in South Africa)
Company registration number: 102785
External registration number: 2010/024031/10
JSE share code: MMP
ISIN: JE00B5N88T08


RESULTS OF THE 2020 ANNUAL GENERAL MEETING AND CHANGES TO THE BOARD

The Board of directors of Marshall hereby advises that, at the AGM of shareholders held today, the
following resolutions, as set out in the Notice of AGM which was incorporated in the Integrated Annual
Report (“Annual Report”) distributed to shareholders on 31 January 2020, were duly approved by the
requisite majority of shareholders present and voting, in person or represented by proxy. All
resolutions put to the AGM as set out in the Notice of Meeting were voted on by means of a poll.

The voting results below show the total of all the votes cast in respect of each of the resolutions.
.

Shareholders are advised that:


- the total number of shares in issue as at the date of the AGM was 35,857,512;

- the total number of shares that were present in person/represented by proxy at the AGM was
24,797,997 shares being 69.15% of the total number of shares in issue (“Shares Voted”); and

- abstentions are represented below as a percentage of total number of shares in issue while the
shares voted for and against are represented below as a percentage of the Shares Voted.

Details of the results of the voting are as follows:


 RESOLUTION                                   Shares voted for   Shares voted         Shares abstained
                                                                 against

 Ordinary Business

 1.      To receive and adopt the             24,797,764         0                    233
         Report of the Directors and          99.99906%                               0.00094%
         Audited Accounts for the year
         ended 30 September 2019.
 2.      To approve the                       24,797,764         0                    233
         Remuneration Policy in the           99.99906%                               0.00094%
         form set out in the Company’s
         Annual Report and Accounts
         for the year ended 30
         September 2019.
 3.      To approve the Remuneration          24,797,764         0                    233
         Implementation Report in the         99.99906%                               0.00094%
         form set out in the Company’s
         Annual Report and Accounts
         for the year ended 30
         September 2019.
 4.      To re-elect Mr B C B Newman         24,797,764       0                 233
         as a Director.                      99.99906%                          0.00094%
 5.      To re-elect Mr D J Douglas as       24,797,764       0                 233
         a Director.                         99.99906%                          0.00094%
 6.      To re-appoint Saffery               24,797,764       0                 233
         Champness as auditor and to         99.99906%                          0.00094%
         authorise the Directors to
         determine their remuneration.
                                                                                0
 Special Business

 7.      To give the Directors general       24,514,377       283,387           233
         authority to issue shares for       98.136107%       1.14278181%       0.00094%
         cash.
 8.      To give the Company or any          24,797,764       0                 233
         of its subsidiaries general         99.99906%                          0.00094%
         authority to purchase shares

BOARD CHANGES

In compliance with paragraph 3.59(a) and (b) of the JSE Limited Listings Requirements, the Marshall
Monteagle board of directors (“the Board”) wishes to announce the following Board changes:


Mr Alastair Barclay has today stood down as a director and chairman of the Company. Alastair leaves
the Group with heartfelt thanks and best wishes from his colleagues on the Board.

Mr Rory Kerr, a director, has been appointed as the Company’s Chairman with immediate effect. The
Board wishes Rory well in his new appointment.



For further information, contact:

Marshall Monteagle PLC              Tel +44 20 7796 9060

United Kingdom

15 May 2020

Sponsor: Sasfin Capital (a division of Sasfin Bank Limited)

Date: 15-05-2020 03:41:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story