Autins Group PLC Result of General Meeting (1726V)

TIDMAUTG

RNS Number : 1726V

Autins Group PLC

09 December 2021

9 December 2021

Autins Group plc

(the "Company" or the "Group")

Result of General Meeting

Total Voting Rights

Autins Group plc (AIM: AUTG), the UK and European based manufacturer of the patented Neptune melt-blown material and specialist in the design, manufacture and supply of acoustic and thermal insulation solutions, announces that, at its general meeting held earlier in connection with the proposed placing to raise gross proceeds of GBP3.0 million, all Resolutions were duly passed.

The proxy voting results for the resolutions are included below:

 
 Resolution                    Votes For*    % of     Votes      % of    Total votes     % of 
                                             votes    Against    votes       cast       issued 
                                             cast                cast                    share 
                                                                                        capital 
                                                                                         voted 
 1. To grant authority 
  to directors to 
  allot the Placing 
  Shares                       17,585,806   99.86%    25,400    0.14%    17,611,206     44.47% 
 2. To disapply pre-emption 
  rights in relation 
  to the Placing Shares        17,375,856   98.66%   235,350    1.34%    17,611,206     44.47% 
                              -----------  -------  ---------  -------  ------------  --------- 
 

*Votes "For" include votes giving the Chairman discretion

Application has been made to the London Stock Exchange for admission of 15,000,000 Placing Shares to be admitted to trading on AIM. Admission is expected to occur at 8.00 a.m. tomorrow, 10 December 2021.

Following Admission, the total number of Ordinary Shares and voting rights in the Company will be 54,600,984. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the voting rights of the Company pursuant to the FCA's Disclosure Guidance and Transparency Rules.

Capitalised terms used in this announcement shall bear the same meaning ascribed to such terms in the announcement made by the Company on 19 November 2021 to announce the launch of the Placing.

For further information please contact:

 
 Autins Group plc 
  Gareth Kaminski-Cook, Chief Executive     Via Newgate 
  Kamran Munir, CFO 
 Singer Capital Markets                   Tel: [phone] 
  (Nominated Adviser and Broker) 
  Mark Taylor / Asha Chotai 
 SEC Newgate                              Tel: [phone] 
  (Financial PR) 
  Bob Huxford 
  Tom Carnegie 
 

About Autins

Autins is the UK and European manufacturer of the patented Neptune melt-blown material and specialises in the design, manufacture, and supply of acoustic and thermal insulation solutions.

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December 09, 2021 09:27 ET (14:27 GMT)