Vela Technologies #VELA – Result of Annual General Meeting December 11, 2023 – Posted in: 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.

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 2023.

1,883,100,928

92.75%

147,284,895

7.25%

85,819,746

2,030,385,823

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

1,875,107,810

92.35%

17,964,540

0.88%

223,133,219

1,893,072,350

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

1,835,957,578

90.42%

192,935,959

9.50%

87,312,032

2,028,893,537

4.To re-appoint Emma Wilson as a Director of the Company.

1,607,161,989

79.16%

472,848,415

23.29%

36,195,165

2,080,010,404

5.To approve the general authority to allot shares

1,604,309,815

79.02%

412,933,268

20.34%

98,962,486

2,017,243,083

SPECIAL RESOLUTION

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

1,599,809,815

78.79%

417,433,268

20.56%

98,962,486

2,017,243,083

Notes:

*”Votes For” include votes giving the Chairman discretion.

**Percentages exclude “Votes Withheld”.

***”Votes Withheld” are not votes in law and do not count in the number of votes counted for or against a resolution.

****”Total votes cast” do not include withheld votes.

 

 

 

For further information, please contact:

 

Vela Technologies plc

Brent Fitzpatrick, Non-Executive Chairman

James Normand, Executive Director

 

Tel: +44 (0) 741 088 6830

 

Email:info@velatechplc.com

Allenby Capital Limited (Nominated Adviser)

Tel: +44 (0) 20 3328 5656

Nick Athanas / Piers Shimwell

 

 

Peterhouse Capital Limited (Broker)

Tel: +44 (0) 20 7469 0930

Lucy Williams / Duncan Vasey

 

 

 

 

Novus Communications (PR and IR Adviser)

Tel: +44 (0) 20 7448 9839

Alan Green / Jacqueline Briscoe

 

About Vela Technologies plc

 

Vela Technologies plc (AIM: VELA) is an investing company focused on early stage and pre-IPO long term disruptive technology investments.  Vela’s investee companies have either developed ways of utilising technology or are developing technology with a view to disrupting the businesses or sector in which they operate. Vela Technologies will also invest in already-listed companies where valuations offer additional opportunities.