Kavango Resources PLC GM Result
January 22 2025 - 11:00AM
RNS Regulatory News
RNS Number : 3390U
Kavango Resources PLC
22 January 2025
22 January 2025
Kavango Resources
PLC
("Kavango" or "the Company")
Results of General
Meeting
Southern Africa-focussed metals
exploration company Kavango Resources plc (LSE:KAV) is
pleased to announce the results of a General Meeting
of Kavango Resources PLC held at the offices of the
Company's Solicitors, Druces LLP, Salisbury House, London
Wall, London EC2M 5PS on 22 January
2025 at 11 a.m.
All six resolutions put to members
were passed on a show of hands. Resolutions 1, 3 and 5 were passed
as ordinary resolutions and Resolutions 2, 4 and 6 were passed as
special resolutions.
The number of proxy votes cast for
and against each of the resolutions proposed, and the number of
proxy votes withheld were as follows:
|
Resolution
|
Votes for
|
%
|
Votes
against
|
%
|
Votes
withheld
|
|
Resolution 1 (Ordinary)
To authorise the allotment and issue
of the Subscription Shares
|
1,030,553,317
|
98.55%
|
15,204,622
|
1.45%
|
152,347
|
|
Resolution 2 (Special)
Conditional upon the passing of
Resolution 1, to disapply the statutory pre-emption rights on the
issue of the Subscription Shares
|
1,030,690,317
|
98.56%
|
15,104,622
|
1.44%
|
115,347
|
|
Resolution 3 (Ordinary)
To authorise the allotment and issue
of the CLN Shares
|
1,030,553,317
|
98.55%
|
15,204,622
|
1.45%
|
152,347
|
|
Resolution 4 (Special)
Conditional upon the passing of
Resolution 3, to disapply the statutory pre-emption rights on the
issue of the CLN Shares
|
1,030,653,317
|
98.56%
|
15,104,622
|
1.44%
|
152,347
|
|
Resolution 5 (Ordinary)
To authorise the allotment and issue
of the VFEX Shares
|
1,029,027,792
|
98.54%
|
15,204,622
|
1.46%
|
1,677,872
|
|
Resolution 6 (Special)
Conditional upon the passing of
Resolution 5, to disapply the statutory pre-emption rights on the
issue of the VFEX Shares
|
1,029,127,792
|
98.55%
|
15,104,622
|
1.45%
|
1,677,872
|
The total proxy votes cast on the 6
Resolutions represented approximately 66% of the issued share
capital as at 22 January 2025.
As at 22 January 2025, there
were 1,562,683,176 ordinary shares in issue. Shareholders are
entitled to one vote per share. Votes withheld are not votes in law
and so have not been included in the calculation of the proportion
of votes for and against a resolution.
The full text of each resolution is
available in the Notice of General Meeting, published on our
website.
Further information in respect of
the Company and its business interests is provided on the Company's
website at www.kavangoresources.com and
on Twitter at #KAV.
For further information please
contact:
Kavango Resources
plc
Ben Turney
+46 7697 406 06
First Equity (Broker)
+44 207 374 2212
Jason
Robertson
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