Fenikso Limited Result of AGM (7325E)
03 July 2023 - 6:51PM
UK Regulatory
TIDMFNK
RNS Number : 7325E
Fenikso Limited
03 July 2023
03 July 2023
Fenikso Limited
("Fenikso" or "the Company")
Results of Annual General Meeting
Fenikso Limited (AQSE: FNK), the Cayman Islands litigation asset
company, announces the results of its Annual General Meeting
("AGM") of the Company held on 30 June 2023.
Following a vote by shareholders with a combined share capital
of 220,575,789 ordinary shares representing 36.80% of the issued
share capital of the Company, results on each of the resolutions
put to the AGM are as set out below. Resolutions 1 to 8 were
ordinary resolutions requiring a simple majority of votes cast to
pass. Resolutions 9 and 10 were special resolutions requiring a
majority of not less than 75% of votes cast to pass. All of the
resolutions put to the AGM were duly passed.
Resolution Voting Result
For Against
---------------------- --------------------
1 Approve Annual Reports
and Accounts 220,559,465 99.99% 16,324 0.01%
------------ -------- ----------- -------
2 Re-elect Thomas Richardson
as a director 220,550,222 99.99% 25,867 0.01%
------------ -------- ----------- -------
3 Re-elect Marco D'Attanasio
as a director 220,550,222 99.99% 25,867 0.01%
------------ -------- ----------- -------
4 Re-elect Olapade Durotoye
as a director 220,550,222 99.99% 25,867 0.01%
------------ -------- ----------- -------
5 Re-appoint Bright Grahame
Murray as auditors 220,550,222 99.99% 25,867 0.01%
------------ -------- ----------- -------
6 Authorise remuneration
of auditors 220,525,222 99.99% 25,867 0.01%
------------ -------- ----------- -------
7 Approve e lectronic
distribution of Annual
Returns and Financial
Statements 220,576,089 100.00% 0 0%
------------ -------- ----------- -------
8 Authority for Directors
to allot up to 198,000,000
ordinary shares 171,602,457 77.80% 48,973,632 22.20%
------------ -------- ----------- -------
9 Disapplication of shareholder
pre-emption rights in
respect of up to 59,939,642
ordinary shares issued
for cash consideration 171,602,457 77.80% 48,973,632 22.20%
------------ -------- ----------- -------
10 Authority for Directors
to make market purchases
of up to 59,939,642 ordinary
shares 220,576,089 100.00% 0 0%
------------ -------- ----------- -------
The Company notes that more than 20% of the votes cast on
resolutions 8 and 9 were voted against such resolutions (although
such resolutions were validly passed). The Company intends to
engage with its major shareholders to understand the basis for such
votes.
For further information, please visit www. feniksoltd.com or
contact:
Fenikso Limited info@feniksoplc.com
Thomas Richardson, Chairman
First Sentinel Corporate Finance (AQSE
Corporate Adviser)
Brian Stockbridge +44 203 989 2200
---------------------
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END
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