TIDMGINV

RNS Number : 8750W

Global Invacom Group Limited

28 April 2021

Global Invacom Group Limited

("Global Invacom", the "Company" or the "Group")

Re sul ts of A nnu al G ene r al M ee ting

Singapore/London, 28 April 2021 - The Board of Directors (the "Board") of Global Invacom is pleased to announce that at the Annual General Meeting ("AGM") of the Company held by electronic means today, all resolutions set out in the notice of AGM dated 13 April 2021 were duly passed by way of a poll.

a) The results of the poll on each of the resolution cast at the A GM are set out be l ow for information:

 
       Resolution number          T otal                  For                      Against 
          and details            number of 
                                  shar es 
                                r epresented 
                                  by votes 
                                    for 
                                and against 
                                 t he rele 
                                    vant 
                                r esolution 
                                               Number of                   Number of 
                                                 shares          A s a      shar es        A s a 
                                                              percentage                percentage 
                                                               of total                  of total 
                                                               number of                 number of 
                                                                v otes                    v otes 
                                                                  for                       for 
                                                                  and                       and 
                                                                against                   against 
                                                                  the                       the 
                                                              r esolution               r esolution 
                                                                 ( % )                     ( % ) 
 
    Ordinary Resolution 
    1 
 
    Di rectors' Statement 
    and Aud ited Financial 
    Statements for the 
    year ended 31 De 
    cember 2020                 103,168,539    103,168,539       100           0            0 
 
    Ordinary Resolution 
    2 
 
    Re-electi on of Mr 
    Anthony Brian Taylor 
    as a Di rec tor              92,028,837    92,028,837        100           0            0 
 
    Ordinary Resolution 
    3 
 
    Re-electi on of Mr 
    Cosimo Borrelli as 
    a Di rector                 103,168,539    103,168,539       100           0            0 
-----------------------------  -------------  ------------  -------------  ---------  ------------- 
 
    Ordinary Resolution 
    4 
 
    Re-electi on of Mr 
    Wayne Robert Porritt 
    as a Di rector              103,168,539    103,168,539       100           0            0 
-----------------------------  -------------  ------------  -------------  ---------  ------------- 
 
    Ordinary Resolution 
    5 
 
    Approval of payment 
    of Directors' fees 
    for the financial 
    year ending 31 December 
    2021 amounting to 
    S$294,525, payable 
    quarterly in arrears         80,989,135    80,989,135        100           0            0 
 
    Ordinary Resolution 
    6 
 
    Re-appointment of 
    Moore Stephens LLP 
    as Auditors                 103,168,539    103,168,539       100           0            0 
 
    Ordinary Resolution 
    7A 
 
    Approval for Mr John 
    Lim Yew Kong to continue 
    as Independent Director 
    (Tier 1 Voting)              92,556,039    92,556,039        100           0            0 
 
    Ordinary Resolution 
    7B 
 
    Approval for Mr John 
    Lim Yew Kong to continue 
    as Independent Director 
    (Tier 2 Voting)              59,136,933    59,136,933        100           0            0 
 
    Ordinary Resolution 
    8A 
 
    Approval for Mr Cosimo 
    Borrelli to continue 
    as Independent Director 
    (Tier 1 Voting)              92,571,039    92,571,039        100           0            0 
-----------------------------  -------------  ------------  -------------  ---------  ------------- 
 
    Ordinary Resolution 
    8B 
 
    Approval for Mr Cosimo 
    Borrelli to continue 
    as Independent Director 
    (Tier 2 Voting)              59,136,933    59,136,933        100           0            0 
                               -------------  ------------  -------------  ---------  ------------- 
 
    Ordinary Resolution 
    9 
 
    Authority to allot 
    and issue Shares            103,168,539    103,168,539       100           0            0 
-----------------------------  -------------  ------------  -------------  ---------  ------------- 
 
    Ordinary Resolution 
    10 
 
    Authority to allot 
    and issue Shares 
    under the Global 
    Invacom Share Option 
    Scheme 2013                  47,554,779    47,554,779        100           0            0 
 
    Ordinary Resolution 
    11 
 
    Authority to offer 
    and grant Shares 
    under the Global 
    Invacom Performance 
    Share Plan 2013              47,554,779    47,554,779        100           0            0 
-----------------------------  -------------  ------------  -------------  ---------  ------------- 
 
    Ordinary Resolution 
    12 
 
    Renewal of Share 
    Buyback Mandate             103,168,539    103,168,539       100           0            0 
                               -------------  ------------  -------------  ---------  ------------- 
 

b) The details of parties who are required to abstain from voting on the resolution(s), including the number of shares held and the individual resolution on which they are required to abstain from voting are set out below:

 
         Name of Shareholder           Number of shares    Resolution(s) A 
                                                               bstained 
                                                           2, 7B, 8B, 10 & 
        Anthony Brian Taylor              11,139,702              11 
                                     ------------------  ----------------- 
        Malcolm John Burrell              11,139,702       7B, 8B, 10 & 11 
                                     ------------------  ----------------- 
                                                           3, 7B, 8A, 8B, 
         JOE HARPER LIMITED                497,900             10 & 11 
                                     ------------------  ----------------- 
          John Lim Yew Kong                 15,000         7A, 7B, 8B, 10 
                                                                 & 11 
                                     ------------------  ----------------- 
   Shareholders of the Company who 
    are eligible to participate in 
   the Global Invacom Share Option 
             Scheme 2013                  11,139,952             10 
                                     ------------------  ----------------- 
   Shareholders of the Company who 
    are eligible to participate in 
    the Global Invacom Performance 
           Share Plan 2013                11,139,952             11 
                                     ------------------  ----------------- 
 

c) Agile 8 Advisory P te. Ltd. was ap pointed as scruti neer for the po lls condu cted at the A GM.

B Y O RDER OF THE B O A RD

A nthony B r i an Ta y lor

E x ecuti ve Cha i r man

For further information, please contact:

 
Global Invacom Group Limited              http://www.globalinvacom.com 
Tony Taylor, Executive Chairman                via Vigo Communications 
 
Strand Hanson Limited (Nominated Adviser        www.strandhanson.co.uk 
 and Broker) 
James Harris / Rob Patrick / Ned Foulkes         Tel: +44 20 7409 3494 
 
Vigo Communications (Media & Investor                www.vigocomms.com 
 Relations) 
Jeremy Garcia / Charlie Neish                    Tel: +44 20 7390 0238 
ginv@vigocomms.com 
 

About Global Invacom Group Limited

Global Invacom is a fully integrated satellite equipment provider with sites across Singapore, China, Indonesia, Philippines, Malaysia, Israel, UK and the US. Its customers include satellite broadcasters such as Sky Group of the UK and Dish Network of the USA and Data over Satellite providers including Hughes Network Systems, Viasat and Gilat Satellite Networks.

Global Invacom provides a full range of satellite ground equipment including antennas, LNB receivers, transceivers, fibre distribution equipment, transmitters, switches, and video distribution components, as well as manufacturing services for the defence and healthcare sectors. The Group is the world's only full--service outdoor unit supplier.

Global Invacom is listed on the Mainboard of the Singapore Exchange Securities Trading Limited and its shares are admitted to trading on the AIM Market of the London Stock Exchange.

For more information, please refer to www.globalinvacom.com .

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 rns@lseg.com 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.

END

RAGSEMSUAEFSEEL

(END) Dow Jones Newswires

April 28, 2021 05:30 ET (09:30 GMT)

Global Invacom (LSE:GINV)
Historical Stock Chart
From Jul 2022 to Aug 2022 Click Here for more Global Invacom Charts.
Global Invacom (LSE:GINV)
Historical Stock Chart
From Aug 2021 to Aug 2022 Click Here for more Global Invacom Charts.