TIDMSTL

RNS Number : 0384A

Stilo International PLC

23 May 2019

Stilo International plc

Annual General Meeting

Result of Annual General Meeting

The Annual General Meeting of Stilo International plc was held at the offices of RSM UK Audit LLP, 25 Farringdon Street, London EC4A 4AB earlier today.

All 6 resolutions put to members were passed. Resolutions 1 to 4 were passed as ordinary resolutions and resolutions 5 and 6 were passed as special resolutions.

The number of votes lodged by proxy for and against each of the resolutions proposed, and the number of votes withheld was as follows:

 
  Resolution                        Votes for    %       Votes against   %      Votes withheld 
 Resolution 1 (Ordinary) 
  To receive and adopt the 
  Directors' Report and Accounts 
  for the year ended 31 December 
  2018                              42,397,973   100     0               0      0 
                                   -----------  ------  --------------  -----  --------------- 
 Resolution 2 (Ordinary) 
  To approve the final dividend 
  for the year ended 31 December 
  2018                              42,397,973   100     0               0      0 
                                   -----------  ------  --------------  -----  --------------- 
 Resolution 3 (Ordinary) 
  To reappoint RSM UK Audit 
  LLP as Auditors to the 
  Company and to authorise 
  the Directors to fix their 
  remuneration                      42,397,973   100     0               0      0 
                                   -----------  ------  --------------  -----  --------------- 
 Resolution 4 (Ordinary) 
  To authorise the Directors 
  to allot relevant securities      42,397,973   100     0               0      0 
                                   -----------  ------  --------------  -----  --------------- 
 Resolution 5 (Special) 
  To authorise the Directors 
  to allot equity securities 
  and to disapply statutory 
  pre-emption rights in relation 
  to the issue of certain 
  equity securities                 42,177,973   99.48   220,000         0.52   0 
                                   -----------  ------  --------------  -----  --------------- 
 Resolution 6 (Special) 
  To authorise the Directors 
  to purchase ordinary shares       42,397,973   100     0               0      0 
                                   -----------  ------  --------------  -----  ---------------

As at 23 May, 2019, there were 113,930,470 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.

ENQUIRIES

 
 Stilo International plc         SPARK Advisory Partners 
  Les Burnham, Chief Executive    (Nominated Adviser) 
                                  Neil Baldwin T +44 (0) 203 
  T +44 (0)1793 441444            368 3554 
                                  Mark Brady T +44 (0) 203 368 
                                  3551 
 
                                  SI Capital 
                                  (Broker) 
                                  Nick Emerson T +44 (0) 1483 
                                  413500

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END

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