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RNS Number : 5422J

Global Invacom Group Limited

27 April 2022

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, 27 April 2022 - 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 12 April 2022 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       Total number                For                          Against 
        and details            of shares 
                              represented 
                                by votes 
                                for and 
                                against 
                              the relevant 
                               resolution 
                                               Number     As a percentage     Number     As a percentage 
                                              of shares       of total       of shares       of total 
                                                             number of                      number of 
                                                             votes for                      votes for 
                                                            and against                    and against 
                                                           the resolution                 the resolution 
                                                                (%)                            (%) 
                                            -----------  ----------------  -----------  ---------------- 
 Ordinary Resolution 
  1 
  Directors' Statement 
  and Audited Financial 
  Statements for 
  the financial 
  year ended 31 
  December 2021               99,388,289     99,388,289         100             0               0 
                            --------------  -----------  ----------------  -----------  ---------------- 
 Ordinary Resolution 
  2 
  Re-election of 
  Mr Kenny Sim Mong 
  Keang as a Director         99,388,289     99,388,289         100             0               0 
                            --------------  -----------  ----------------  -----------  ---------------- 
 Ordinary Resolution 
  3 
  Re-election of 
  Mr Gordon Blaikie 
  as a Director               99,388,289     99,388,289         100             0               0 
                            --------------  -----------  ----------------  -----------  ---------------- 
 Ordinary Resolution 
  4 
  Approval of payment 
  of Directors' 
  fees for the financial 
  year ending 31 
  December 2022 
  amounting to S$294,525, 
  payable quarterly 
  in arears                   77,208,885     77,208,885         100             0               0 
                            --------------  -----------  ----------------  -----------  ---------------- 
 Ordinary Resolution 
  5 
  Re-appointment 
  of Moore Stephens 
  LLP as Auditors             99,388,289     99,388,289         100             0               0 
                            --------------  -----------  ----------------  -----------  ---------------- 
 Ordinary Resolution 
  6 
  Authority to allot 
  and issue Shares            99,388,289     96,509,389        97.10        2,878,900         2.90 
                            --------------  -----------  ----------------  -----------  ---------------- 
 Ordinary Resolution 
  7 
  Authority to allot 
  and issue Shares 
  under the Global 
  Invacom Share 
  Option Scheme 
  2013                        57,934,183     55,055,283        95.03        2,878,900         4.97 
                            --------------  -----------  ----------------  -----------  ---------------- 
 Ordinary Resolution 
  8 
  Authority to offer 
  and grant Shares 
  under the Global 
  Invacom Performance 
  Share Plan 2013             57,934,183     55,055,283        95.03        2,878,900         4.97 
                            --------------  -----------  ----------------  -----------  ---------------- 
 Ordinary Resolution 
  9 
  Renewal of the 
  Share Buyback 
  Mandate                     99,388,289     99,388,289       100.00            0               0 
                            --------------  -----------  ----------------  -----------  ---------------- 
 

b) The deta ils of pa r t ies who are required to abstain f rom voting on the res o lut i on(s ), includ i ng the nu mber of sha res he ld and the indi vi dual res o l uti on on w h i ch t hey are required to abstain from voti ng a re set out be l o w:

 
   Name of Shareholder     Number of shares    Resolution(s) A bstained 
  Anthony Brian Taylor        11,139,702                7 & 8 
                         ------------------  -------------------------- 
  Malcolm John Burrell        11,139,702                7 & 8 
                         ------------------  -------------------------- 
  John Stephen Parfitt        11,139,952                7 & 8 
                         ------------------  -------------------------- 
 

c) Agile 8 Advisory Pte. 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

27 April 2022

For further information, please contact:

 
 Global Invacom Group Limited               www.globalinvacom.com 
 Tony Taylor, Executive Chairman            via Vigo Consulting 
 
 Strand Hanson Limited (Nominated Adviser   www.strandhanson.co.uk 
  and Broker) 
 James Harris / Rob Patrick                 Tel: +44 20 7409 
                                             3494 
 
 Vigo Consulting (UK Media & Investor       www.vigoconsulting.com 
  Relations) 
 Jeremy Garcia / Kendall Hill               Tel: +44 20 7390 
                                             0238 
 ginv@vigoconsulting.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 U.S. 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

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END

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April 27, 2022 06:00 ET (10:00 GMT)

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