PCI-PAL PLC Result of AGM (4122E)

TIDMPCIP

RNS Number : 4122E

PCI-PAL PLC

05 November 2020

PCI-PAL PLC

("PCI Pal", "the Company" or "the Group")

AGM Results

PCI-PAL PLC (AIM: PCIP), the global cloud provider of secure payment solutions for business communications, is pleased to announce that all resolutions put to the Annual General Meeting held today were duly passed.

The votes cast in respect of each resolution are as follows:

 
     Resolutions                              For        Against    Vote Withheld 
                                                                         (1) 
     Ordinary Resolutions 
    ------------------------------------  -----------  ----------  -------------- 
     To receive and adopt the 
      Company's Accounts for the 
      financial year ended 30 June 
      2020, together with the Directors' 
      report and the Auditor's 
 1    report on those accounts             30,023,642   2,000,000         160,000 
    ------------------------------------  -----------  ----------  -------------- 
     To re-elect Jason Starr as 
 2    a Director                           31,507,642      16,000         660,000 
    ------------------------------------  -----------  ----------  -------------- 
     To re-elect Christopher Fielding 
 3    as a Director                        22,720,741   6,890,801       2,572,100 
    ------------------------------------  -----------  ----------  -------------- 
     To re-appoint Grant Thornton 
 4    UK LLP as Auditor                    24,861,569      10,588       7,311,515 
    ------------------------------------  -----------  ----------  -------------- 
     To authorise the Directors 
 5    to fix the Auditors remuneration     24,870,127           0       7,313,515 
    ------------------------------------  -----------  ----------  -------------- 
     To authorise the allotment 
 6    of ordinary shares                   31,514,084     509,558         160,000 
    ------------------------------------  -----------  ----------  -------------- 
     Special Resolutions 
    ------------------------------------  -----------  ----------  -------------- 
     To disapply pre-emption rights 
      on allotment of ordinary 
 7    shares                               31,511,084     509,558         163,000 
    ------------------------------------  -----------  ----------  -------------- 
     To authorise the Company 
      to make market purchases 
 8    of ordinary shares                   24,363,127   7,660,515         160,000 
    ------------------------------------  -----------  ----------  -------------- 
     Ordinary Resolution 
    ------------------------------------  -----------  ----------  -------------- 
     To approve the new Employees, 
      Directors and Consultants 
      Share Option Plan and to 
      authorise its adoption by 
 9    the Directors                        27,047,636   2,507,000       2,629,006 
    ------------------------------------  -----------  ----------  -------------- 
 

(1) A vote withheld is not a vote in law and will count neither "For" or "Against" a resolution

Full details of the resolutions can be found at: https://www.pcipal.com/en/corporate-governance/#meetings

For further information, please contact:

 
 PCI-PAL PLC                              Via Walbrook PR 
 James Barham - Chief Executive 
  Officer 
  William Good - Chief Financial 
  Officer 
 finnCap (Nominated Adviser and 
  Broker)                                 [phone] 
 Marc Milmo/Simon Hicks (Corporate 
  Finance) 
  Richard Chambers (Corporate Broking) 
 Walbrook PR                              [phone] 
 Tom Cooper/Paul Vann                     [phone] 
                                          [e-mail] 
 

About PCI Pal:

PCI Pal is a leading provider of Software-as-a-Service ("SaaS") solutions that empower companies to take payments from their customers securely, adhere to strict industry governance, and remove their business from the significant risks posed by non-compliance and data loss. Our products secure payments and data in any business communications environment including voice, chat, social, email, and contact centre. We are integrated to, and resold by, some of the worlds' leading business communications vendors, as well as major payment service providers.

The entirety of our product-base is available from our global cloud platform hosted in Amazon Web Services ("AWS"), with regional instances across EMEA, North America, and ANZ. PCI Pal products can be used by any size organisation globally, and we are proud to work with some of the largest and most respected brands in the world.

For more information visit www.pcipal.com or follow the team on Linkedin: https://www.linkedin.com/company/pci-pal/

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

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November 05, 2020 07:23 ET (12:23 GMT)