Synthomer PLC Results of Extraordinary General Meeting (3719H)

TIDMSYNT

RNS Number : 3719H

Synthomer PLC

31 July 2019

LEI: 213800EHT3TI1KPQQJ56

Synthomer plc (the "Company")

Results of Extraordinary General Meeting

The Company announces that the resolutions proposed at its Extraordinary General Meeting (the "Meeting") held earlier today, to approve the acquisition of the entire issued and to be issued share capital of OMNOVA Solutions Inc. and to raise the borrowing restriction to GBP1.5 billion, both as set out in full in the Notice of the Meeting included in the Circular dated 10 July 2019, (together, the "Resolutions") were duly passed unconditionally on a show of hands.

In compliance with paragraph 9.6.2R of the Listing Rules, the Resolutions passed at the Meeting have been submitted for filing at the National Storage Mechanism and are available for inspection on their website at www.morningstar.co.uk/uk/NSM.

Details of the proxy voting instructions, lodged prior to the Meeting, are set out below:

 
                            For                 Against            Discretion      Votes Withheld 
----------------- 
    Resolution         Votes        %        Votes       %       Votes      %          Votes 
    Number and                     Votes                Votes              Votes 
    Description                    Cast                 Cast               Cast 
                   ------------  -------  ----------  -------  --------  -------  --------------- 
    Resolution 
   1: To approve 
        the 
    Acquisition 
     of OMNOVA 
     Solutions 
        Inc         303,959,799   99.96     32,302      0.01    101,402    0.03        16,168 
                   ------------  -------  ----------  -------  --------  -------  --------------- 
    Resolution 
   2: To approve 
   the amendment 
    to Article 
     93 of the 
     Articles 
  of Association 
     to raise 
   the borrowing 
    restriction 
     to GBP1.5 
      billion       297,879,801   97.96    6,103,426    2.01    108,484    0.03        17,959 
                   ------------  -------  ----------  -------  --------  -------  --------------- 
 

An abstention is not a vote in law and is not counted in the calculation of proportion of votes 'For' or 'Against' a resolution.

 
 Number of shareholders    -    2,622 
 Issued share capital      -    339,880,769 ordinary shares of 10 pence 
  at 6 p.m. on 29                each 
  July 2019 
 Number of votes           -    One 
  per share 
 Number of proxies 
  lodged                   -    446 
 

(1) This excludes shares issued pursuant to the Rights Issue, which, in accordance with the timing of issue and the record date for the Meeting, did not carry any voting rights at the Meeting.

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July 31, 2019 05:51 ET (09:51 GMT)