Ormonde Mining Share News (ORM)

Ormonde Mining (LSE:ORM)
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RNS Number : 5010H

Ormonde Mining PLC

03 December 2020

3 December 2020

Ormonde Mi n i ng p lc

("Or m onde" or "the C o m pany ")

Ormonde AGM

The Board of Ormonde announces the results of voting on Resolutions 1 to 5, proposed to shareholders at the Company's Annual General Meeting held in Clonee, Ireland today.

Following voting on Resolutions 1 to 5, the meeting was adjourned for two weeks, to 11 a.m. on Thursday 17 December 2020, ahead of considering Resolutions 6 to 8, so as to facilitate the Company to enter into discussions with its largest shareholder in relation to these resolutions as they pertain to the potential transaction which is at an advanced stage and on which the Company is in an exclusivity arrangement, as announced on 16 September 2020. There can be no certainty that this transaction will be concluded.

Each of Resolutions 1 to 5 was decided by way of a separate poll. The results of the vote on each Resolution is detailed in the table below. Details of the Resolutions are contained in the Notice of AGM, a copy of which is available at the web address http://ormondemining.com/investors/investor-notices/ .

 
                                                        VOTES                       % of ISSUED SHARE 
                                   VOTES FOR     %      AGAINST   %    VOTES TOTAL    CAPITAL VOTED 
       RESOLUTION 
     ---------------------------  -----------  ------  --------  ----  -----------  ----------------- 
       To receive and consider 
        the accounts for the 
        year ended 31 December 
  1     2019                      123,395,335  100.00         0  0.00  123,395,335             26.12% 
     ---------------------------  -----------  ------  --------  ----  -----------  ----------------- 
       Election of Timothy 
  2     Livesey as a Director     123,228,835  100.00         0  0.00  123,228,835             26.08% 
     ---------------------------  -----------  ------  --------  ----  -----------  ----------------- 
       Election of Richard 
  3     Brown as a Director       123,228,835  100.00         0  0.00  123,228,835             26.08% 
     ---------------------------  -----------  ------  --------  ----  -----------  ----------------- 
       Election of Brian Timmons 
  4     as a Director             123,228,835  100.00         0  0.00  123,228,835             26.08% 
     ---------------------------  -----------  ------  --------  ----  -----------  ----------------- 
  5    Remuneration of Auditors   123,228,835  100.00         0  0.00  123,228,835             26.08% 
     ---------------------------  -----------  ------  --------  ----  -----------  ----------------- 
 

Reconvened AGM Details

The AGM will reconvene at 11 a.m. on Thursday, 17 December 2020, at Bracetown Business Park, Clonee, Co. Meath, Ireland, in the same restricted manner as applied to the adjourned AGM and as announced on 10 November 2020.

Again, due to COVID-19 related restrictions, the Company will not be in a position to facilitate physical attendance at the meeting, however shareholders may listen live to the business of the meeting through a teleconference facility, dialling-in using one of the following numbers and the pin code, at the time of the meeting:

   --      Ireland:                  +353 (0)1 246 5637 
   --      UK:                        +44 (0)330 336 9104 
   Pin Code:              665430 

Enquiries to:

Ormonde Mining plc

Jonathan Henry, Executive Chairman

Paul Carroll, Chief Financial Officer

Fraser Gardiner, Chief Operating Officer

Tel: +353 (0)1 8014184

Davy (Nomad, Euronext Growth Advisor and Joint Broker)

John Frain / Barry Murphy

Tel: +353 (0)1 679 6363

SP Angel Corporate Finance LLP (Joint Broker)

Ewan Leggat

Te l: +44 (0)20 3 470 0470

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END

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(END) Dow Jones Newswires

December 03, 2020 09:53 ET (14:53 GMT)