Mirriad Advertising PLC Approval of resolutions at AGM (0278Q)

TIDMMIRI

RNS Number : 0278Q

Mirriad Advertising PLC

16 June 2020

Mirriad Advertising plc

16 JUNE 2020

Mirriad Advertising plc

("Mirriad", the "Company" or the "Group")

Approval of resolutions at AGM

Mirriad Advertising plc ('Mirriad'), the computer vision and AI platform company, announces that, on 15 June 2020, it held its annual general meeting of shareholders (the "Meeting"). During the business proceedings at the Meeting, Mirriad shareholders passed all resolutions as follows:

 
                       VOTES FOR     %        VOTES      %      VOTES TOTAL   % of         VOTES WITHELD 
                                               AGAINST           (EX VOTES     ISC VOTED 
                                                                 WITHHELD) 
 Resolution 
  1 - Receive 
  Report and 
  Accounts             134,171,457   100.00      0       0.00   134,171,457   62.96              0 
                      ------------  -------  ---------  -----  ------------  -----------  -------------- 
 Resolution 
  2 - Approve 
  Remuneration 
  Report               134,171,173   100.00     284      0.00   134,171,457   62.96              0 
                      ------------  -------  ---------  -----  ------------  -----------  -------------- 
 Resolution 
  3 - Re-appoint 
  auditor              134,171,457   100.00      0       0.00   134,171,457   62.96              0 
                      ------------  -------  ---------  -----  ------------  -----------  -------------- 
 Resolution 
  4 - Remuneration 
  of auditor           134,171,457   100.00      0       0.00   134,171,457   62.96              0 
                      ------------  -------  ---------  -----  ------------  -----------  -------------- 
 Resolution 
  5 - Elect 
  Robert Head          134,071,457   99.93    100,000    0.07   134,171,457   62.96              0 
                      ------------  -------  ---------  -----  ------------  -----------  -------------- 
 Resolution 
  6 - Re-elect 
  Mark Reilly          134,071,457   99.93    100,000    0.07   134,171,457   62.96              0 
                      ------------  -------  ---------  -----  ------------  -----------  -------------- 
 Resolution 
  7 - Re-elect 
  Alistair 
  Kilgour              134,071,457   99.93    100,000    0.07   134,171,457   62.96              0 
                      ------------  -------  ---------  -----  ------------  -----------  -------------- 
 Resolution 
  8 - Authority 
  to allot 
  shares               134,124,163   99.96     47,010    0.04   134,171,173   62.96             284 
                      ------------  -------  ---------  -----  ------------  -----------  -------------- 
 Resolution 
  9 - Allot 
  equity securities    134,124,163   99.96     47,010    0.04   134,171,173   62.96             284 
                      ------------  -------  ---------  -----  ------------  -----------  -------------- 
 

Notes:

   1.     All resolutions were passed. 
   2.     Votes "For" and "Against" are expressed as a percentage of votes received. 

3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" and Against" a resolution.

   4.     Computershare acted as scrutineer of the poll on all resolutions. 

John Pearson, Chairman of Mirriad , said: "I'm pleased to say Mirriad's performance is tracking the forecasts we made earlier this year. In particular, campaign activity in China is picking up as predicted, with 15 new campaigns running from over 10 different advertisers.

"Momentum in Europe is also starting to build again, with new content from our partners being pushed into all markets. In the US, the focus on scale and increased adoption is driving progress and we are confident that, despite the planned-for Covid-19 delays, we will be able to communicate positive news in the second half of the year."

ENDS

For further information please visit www.mirriad.com or contact:

 
 Mirriad Advertising plc              Tel: [phone] 
  Stephan Beringer, Chief Executive 
  Officer 
  David Dorans, Chief Financial 
  Officer 
 Nominated Adviser & Broker:          Tel: [phone] 
  Canaccord Genuity Limited 
  Simon Bridges 
  Thomas Diehl 
 Financial Communications: 
  Charlotte Street Partners 
  Tom Gillingham                        Tel: [phone] 
  Andrew Wilson                         Tel: [phone] 
 

Notes to Editors

About Mirriad

Mirriad's award-winning solution unleashes new revenue for content producers and distributors by creating new advertising inventory in content. Our patented, AI and computer vision technology dynamically inserts products and innovative signage formats after content is produced. Mirriad's market-first solution seamlessly integrates with existing subscription and advertising models, and dramatically improves the viewer experience by limiting commercial interruptions.

Mirriad currently operates in the US, Europe and China.

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END

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June 16, 2020 02:00 ET (06:00 GMT)