Augmentum Fintech plc - Result of AGM
LEI: 213800OTQ44T555I8S71
(the ‘Company’)
Result of Annual General Meeting and Board Update
At the
______________________________________________________________________________ |Resolutions |Votes | |Votes | |Total |Votes | | |For |% |Against |% |Votes Cast|Withheld| |________________________|__________|______|_________|_____|__________|________| |Ordinary Resolutions | | | | | | | |________________________|__________|______|_________|_____|__________|________| |1. To receive the Annual| | | | | | | |Report and Financial |60,620,864|99.99%|4,232 |0.01%|60,625,096|36,296 | |Statements for the year | | | | | | | |ended 31 March 2024. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |2. To re-elect Karen | | | | | | | |Brade as a Director of |59,420,488|98.07%|1,171,007|1.93%|60,591,495|69,897 | |the Company. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |3. To re-elect David | | | | | | | |Haysey as a Director of |59,440,729|98.09%|1,157,242|1.91%|60,597,971|63,421 | |the Company. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |4. To re-elect Conny | | | | | | | |Dorrestijn as a Director|59,040,903|97.44%|1,551,128|2.56%|60,592,031|69,361 | |of Company. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |5. To re-elect Sir | | | | | | | |William Russell as a |59,387,274|98.00%|1,209,541|2.00%|60,596,815|64,577 | |Director of Company. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |6. To receive and | | | | | | | |approve the Directors’ | | | | | | | |Remuneration Report for |60,322,979|99.73%|160,670 |0.27%|60,483,649|177,743 | |the year ended 31 March | | | | | | | |2024. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |7. To re-appoint BDO LLP|60,554,552|99.88%|73,896 |0.12%|60,628,448|31,865 | |as Auditor of Company. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |8. To authorise the | | | | | | | |Audit Committee to |60,613,544|99.97%|16,686 |0.03%|60,630,230|31,162 | |determine the Auditor’s | | | | | | | |remuneration. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |9.To authorise the | | | | | | | |Directors to allot | | | | | | | |securities in the |60,453,181|99.69%|185,049 |0.31%|60,638,230|23,162 | |Company within | | | | | | | |limitations set out in | | | | | | | |the Notice of meeting. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |Special Resolutions | | | | | | | |________________________|__________|______|_________|_____|__________|________| |10. To disapply | | | | | | | |pre-emption rights in | | | | | | | |relation to the | | | | | | | |allotment of securities | | | | | | | |for cash and the sale of|60,225,774|99.34%|403,140 |0.66%|60,628,914|32,478 | |shares from treasury | | | | | | | |within limitations set | | | | | | | |out in the Notice of | | | | | | | |meeting. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |11. To authorise the | | | | | | | |Company to make market | | | | | | | |purchases of Ordinary | | | | | | | |shares in the Company |60,574,373|99.89%|63,857 |0.11%|60,638,230|23,162 | |within limitations set | | | | | | | |out in the Notice of | | | | | | | |meeting. | | | | | | | |________________________|__________|______|_________|_____|__________|________| |12. To permit the | | | | | | | |Directors to call | | | | | | | |General Meetings |60,346,862|99.54%|281,302 |0.46%|60,628,164|33,228 | |(excluding the AGM) on | | | | | | | |not less than 14 clear | | | | | | | |days’ notice. | | | | | | | |________________________|__________|______|_________|_____|__________|________|
Notes:
A vote Withheld is not a vote in law and is not counted in the calculation of the proportion of votes “For” and “Against” a resolution.
Any proxy votes that were at the discretion of the Chairman have been included in the "for" total.
At the date of the Annual General Meeting the total number of Ordinary shares of 1p each in issue, excluding shares held in treasury, and the total number of voting rights was 167,971,971.
The full text of the resolutions can be found in the Notice of Annual General Meeting, which is available for viewing at the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company’s website, www.augmentum.vc .
In accordance with United Kingdom Listing Rules 6.4.2 and 6.4.3, the full text of the special business resolutions passed has been submitted to the National Storage Mechanism and will shortly be available for inspection at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
. The special business resolutions will additionally be filed with
.
Board Update
As announced in the Company’s 2024 annual report, following the Annual General Meeting and having served as Chair since IPO in 2018,
The recruitment process for a successor, which has been conducted with the assistance of an independent search firm, is well underway and the Company will make a further announcement in due course.
For further information, please contact:
Frostrow Capital LLP +44 (0)20 3170 8733
Paul Griggs , Company Secretary info@frostrow.com
