Vela Technologies #VELA – Result of AGM October 25, 2022 – Posted in: Blog, Vela Technologies Plc (VELA) – Tags: , , , ,

The Board of Vela (AIM: VELA) announces that at its Annual General Meeting (“AGM”) held earlier today, all resolution were duly passed save for resolution 5. Resolution 5, to re-appoint Antony Laiker as a Director of the Company, was not put to the meeting as Antony Laiker has stepped down from the board of the Company, as announced on 20 October 2022.

The proxy voting results of the Resolutions are set out below:

Resolutions at Annual General Meeting

Votes For*

% of votes cast**

Votes Against

% of votes cast**

Votes Withheld***

Total votes cast****

ORDINARY RESOLUTIONS

1. To receive and adopt the directors’ report, the auditor’s report and the Company’s accounts for the year ended 31 March 2022.

1,367,725,890

99.1%

12,154,874

0.9%

1,210,276

1,379,880,764

2. To re-appoint TC Group as auditor of the Company.

1,364,786,167

98.8%

16,304,873

1.2%

–

1,381,091,040

3.To authorise the Directors to determine the remuneration of the auditor.

1,363,525,890

98.7%

17,565,150

1.3%

–

1,381,091,040

4.To re-appoint James Normand as a Director of the Company.

1,237,829,690

89.6%

143,211,350

10.4%

50,000

1,381,041,040

6. To allow the Company to send or supply documents to members by making them available via electronic means

1,366,536,167

98.9%

14,554,873

1.1%

–

1,381,091,040

7. To approve the general authority to allot shares

1,252,871,367

91.0%

123,630,615

9.0%

4,589,058

1,376,501,982

SPECIAL RESOLUTION

8. To approve the authority to allot equity securities for cash

1,288,138,256

94.7%

72,251,146

5.3%

20,701,638

1,360,389,402