Sportech PLC Result of AGM (0800B)

TIDMSPO

RNS Number : 0800B

Sportech PLC

30 May 2023

30 May 2023

SPORTECH PLC

('Sportech', the 'Company' or the 'Group')

Result of Annual General Meeting

The Annual General Meeting of Sportech plc was held today, Tuesday, 30 May 2023 and all resolutions put to the AGM were voted on by poll and were passed by shareholders. The results of the poll voting are given below:

The results were as follows:

 
 Resolution                              For                Against       Withheld      Total 
                                                                                      votes cast 
                                   No. of        %      No. of     % 
                                    votes                votes 
                                -----------  --------  -------  -------  ---------  -------------- 
 1. Ordinary Resolution 
  - to receive and 
  adopt the Annual 
  Report and Accounts            63,914,291   100.00%     0      0.00%     5,240      63,914,291 
                                -----------  --------  -------  -------  ---------  -------------- 
     2. Ordinary Resolution 
      - to receive and 
      approve the Directors' 
      Remuneration Report        63,889,283   99.95%    30,248   0.05%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
     3. Ordinary Resolution 
      - to elect Paul 
      Humphreys as a 
      Director                   63,914,291   99.99%    5,240    0.01%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
 4. Ordinary Resolution 
  - to re-elect 
  Richard McGuire 
  as a Director                  63,889,283   99.95%    30,248   0.05%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
 5. Ordinary Resolution 
  - to re-elect 
  Clive Whiley as 
  a Director                     63,914,291   99.99%    5,240    0.01%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
     6. Ordinary Resolution 
      - to re-appoint 
      BDO LLP as auditors        63,912,970   99.99%    6,561    0.01%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
     7. Ordinary Resolution 
      - to authorise 
      the Directors 
      to determine the 
      auditor's fees             63,914,291   99.997%   2,000    0.003%    3,240      63,916,291 
                                -----------  --------  -------  -------  ---------  -------------- 
     8. Ordinary Resolution 
      - to authorise 
      the Company to 
      make political 
      donations                  63,879,975   99.94%    39,556   0.06%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
     9. Ordinary Resolution 
      - To authorise 
      the Directors 
      to allot shares            63,889,283   99.95%    30,248   0.05%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
     10. Special Resolution 
      - To authorise 
      the Directors 
      to disapply pre-emption 
      rights (general 
      authority)                 63,887,296   99.95%    32,235   0.05%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
     11. Special Resolution 
      - To disapply 
      pre-emption rights 
      (specific capital 
      investment)                63,887,296   99.95%    32,235   0.05%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
     12. Special Resolution 
      - To authorise 
      the Directors 
      to make market 
      purchases of the 
      Company's own 
      Ordinary shares.           63,884,283   99.94%    35,248   0.06%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
     13. Special Resolution 
      - To authorise 
      calling of a general 
      meeting other 
      than annual general 
      meetings on 14 
      clear days' notice.        63,889,283   99.95%    30,248   0.05%       0        63,919,531 
                                -----------  --------  -------  -------  ---------  -------------- 
 

Statement regarding voting results

The Company welcomes shareholder engagement and appreciates continued support, noting the passing of all proposed Resolutions.

Notes :

A vote withheld is not a vote in law and is not counted in the calculation of the percentage of the votes validly cast for or against a resolution.

As at the time of the meeting, the Company had 100,000,000 ordinary shares of 1 pence each in issue and as such this has been used to calculate the percentage of votes in favour or against each resolution. Each of these shares carry one vote. The Company held no shares in treasury.

Publication on website

A copy of this announcement and he proxy figures for the resolutions is also available on the Company's website at www.sportechplc.com .

Contacts:

 
Sportech PLC                       [e-mail] 
 
 Richard McGuire, Non-Executive 
 Chairman 
 Clive Whiley, Senior Independent 
 Director 
 
  Peel Hunt (Nominated Adviser       Tel: [phone] 
  & Broker) 
 
  George Sellar 
  Andrew Clark 
  Lalit Bose 
 

Notes to Editors:

About Sportech

Sportech operates in the gaming market and has two main businesses. Firstly, it runs Sports Bars and other betting venues in Connecticut, USA, where it has an exclusive license to offer pari-mutuel wagering, it also has a distribution agreement with the Connecticut Lottery Corporation to provide retail sports betting. Secondly, Sportech provides online gaming through two separate lines of business. Mywinners.com operates under an exclusive license to offer pari-mutuel betting online in Connecticut, while 123bet.com offers pari-mutuel betting online across the wider USA.

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May 30, 2023 12:48 ET (16:48 GMT)