Kasei Holdings Plc Resolutions Passed at the EGM

 
TIDMKASH 
 
14 June 2022 
 
                              KASEI HOLDINGS PLC 
 
                          ("Kasei" or the "Company") 
 
                        Resolutions Passed at the EGM 
 
Kasei Holdings PLC (AQSE: KASH) is pleased to disclose details of all 
resolutions that were passed at the Company's Extraordinary Meeting held on 
Monday 6 June 2022. 
 
Votes were received from shareholders with a total of 6,937,500 ordinary shares 
representing 23.87% of the issued share capital of the Company.  Results on 
each of the resolutions put to vote at the EGM are set out below.  Resolution 1 
was an ordinary resolution requiring a simple majority of votes cast to pass. 
Resolution 2 was a special resolution requiring least 75% of the votes cast to 
pass. 
 
Both resolutions put to the meeting were duly passed. 
 
           Resolution                           Voting Result 
 
 
 
                                           For                 Against 
 
 
 
1. Ordinary Resolution            6,937,500    100%       0          0% 
THAT, subject to Resolution 2 
below, the directors are 
generally and unconditionally 
authorised, for the purpose of 
section 551 of the Companies Act 
2006 and generally, to exercise 
any and all powers of the Company 
to allot shares and to grant 
rights to subscribe for, or to 
convert any security into, shares 
In the Company to any person, at 
any time and subject to any terms 
and conditions as the directors 
think proper, up to an aggregate 
nominal amount of £1,000,000 and 
this authority shall: 
1.1.  expire (unless previously 
varied as to duration or renewed 
by ordinary resolution of the 
Company) five years after the 
date on which this resolution is 
passed, except that the Company 
may, before such expiry, make any 
offer or agreement which would or 
might require shares to be 
allotted or such rights to be 
granted after such expiry (and 
the directors may allot shares or 
grant such rights in pursuance of 
such offer or agreement as if the 
authority conferred by this 
resolution had not expired); and 
1.2.  apply insofar as it has not 
expired or been waived or revoked 
by ordinary resolution of the 
Company and shall be in 
substitution all and any existing 
authorities to allot shares and 
to grant rights to subscribe for, 
or to convert any security into, 
shares in the Company that have 
been granted by ordinary 
resolution. 
 
2. Special Resolution             6,937,500    100%       0          0% 
THAT the directors be empowered 
pursuant to section 570 of the 
Companies Act 2006 to allot 
equity securities (as defined in 
section 560 of the Companies Act 
2006) for cash pursuant to the 
general authority conferred on 
them by Resolution 1 as if 
section 561 of the Companies Act 
2006 did not apply in any such 
allotment or sale. This authority 
shall expire unless previously 
revoked or renewed by the Company 
in general meeting, five years 
after the date on which this 
resolution is passed except that 
the Company may before such 
expiry make any offer or 
agreement which would or might 
require equity securities to be 
allotted after such expiry and 
the directors may allot 
securities in pursuance of such 
an offer or agreement as if the 
power conferred by this 
resolution had not expired. 
 
The full Notice of EGM can be found on the Company's website https:// 
kaseiholdings.com/important-documents/ . 
 
For further information please contact: 
 
Jai Patel                             [e-mail] 
Chief Investment Officer 
 
First Sentinel 
Corporate Adviser                     [phone] 
Brian Stockbridge                     [e-mail] 
Steve McGlennan                       [e-mail] 
 
About Kasei: 
 
The Company is a technology specialist investor that focuses on 
cryptocurrencies and blockchain technologies. 
 
The Company's goal is to provide investors with broad based exposure to the 
fast-growing ecosystem of digital assets, managed using traditional financial 
portfolio construction techniques. The Company also intends to invest in 
venture capital and private equity investments in the blockchain ecosystem. 
 
The Company will leverage the Board's expertise, experience, and networks in 
the cryptocurrency sector and management of digital assets and decentralised 
finance, to drive value creation and to establish the business. The Board has a 
proven capability in portfolio management to achieve significant growth. 
 
The Company's website is located at https://kaseiholdings.com 
 
 
 
END 
 
 

(END) Dow Jones Newswires

June 14, 2022 04:00 ET (08:00 GMT)