Iconic Labs PLC Result of AGM (3979Y)

TIDMICON

RNS Number : 3979Y

Iconic Labs PLC

31 December 2019

31 December 2019

Iconic Labs Plc ("Iconic Labs" or the "Company")

Results of AGM

Iconic Labs plc (AIM: ICON), a multi-divisional new media and technology business, advises that it held its Annual General Meeting ("AGM") yesterday.

All resolutions were duly passed on a poll vote, with the sole exception of resolution 11, which was a special resolution requiring a 75% vote in favour and which was not passed (empowering Directors to allot shares for cash without first offering them to existing shareholders on a pro-rata basis). Resolution 4 was withdrawn. Details of the proxy voting are shown in the table below.

 
 Ordinary resolutions          Votes For           %   Votes Against   %   Votes Total  Votes Withheld 
 
 1 Annual report 
  and accounts                236,777,016         91%    2,373,736    1%   259,450,389    20,299,637 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 2 Directors' 
  remuneration 
  report                      234,021,286         90%    5,129,466    2%   259,450,389    20,299,637 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 3 Directors' 
  remuneration 
  policy                      228,408,825         88%   10,741,927    4%   259,450,389    20,299,637 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 4 Reappointment                                     Resolution withdrawn 
  of directors 
  (David Sefton) 
                        ------------------------------------------------------------------------------ 
 5 Reappointment 
  of directors 
  (John Quinlan)              236,335,124         91%    2,815,628    1%   259,450,389    20,299,637 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 6 Reappointment 
  of directors 
  (Liam Harrington)           236,335,124         91%    2,815,628    1%   259,450,389    20,299,637 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 7 Reappointment 
  of directors 
  (Sam Asante)                236,335,124         91%    2,815,628    1%   259,450,389    20,299,637 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 8 Re-appointment 
  of auditors                 236,777,016         91%    2,373,736    1%   259,450,389    20,299,637 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 9 Remuneration 
  of auditors                 236,777,016         91%    2,373,736    1%   259,450,389    20,299,637 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 10 Directors' 
  authority 
  to allot shares 
  on a pro-rata 
  basis                       144,572,663         56%   114,877,726   44%  259,450,389        - 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 Special Resolutions 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 11 Empowering 
  the directors' 
  to disapply 
  statutory 
  pre-emption 
  rights                      143,958,825         55%   115,491,564   45%  259,450,389        - 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 12 Purchase 
  by the Company 
  of its own 
  shares                             229,164,555  88%   10,036,197    4%   259,450,389    20,299,637 
                        ------------------------  ---  -------------  ---  -----------  -------------- 
 

The full text of each of the resolutions is set out in the Notice of AGM, available on the Company's website (www.iconiclabs.co.uk)

Market Abuse Regulation (MAR) Disclosure - Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

**ENDS**

For further information, please visit the Company's website www.iconiclabs.co.uk or contact:

 
 John Quinlan    Iconic Labs Plc          c/o SBP Tel: +44 (0) 20 
                                           7236 1177 
 Damon Heath     Shard Capital Partners   Tel: [phone] 
                  LLP 
 Hugo de Salis   St Brides Partners       Tel: [phone] 
                  Limited 
 David Penson    St Brides Partners       Tel: [phone] 
                  Limited 
 

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END

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December 31, 2019 05:24 ET (10:24 GMT)