Business
General Meeting Results
General Meeting Results.
About this update from H-power Plc
[{"type":"text","content":"\n\n28 June 2024\nAFC Energy plc\n(\"AFC Energy\", the \"Group\" or the \"Company\")\nGeneral Meeting Results\nAFC Energy plc (AIM: AFC), a leading provider of hydrogen power generation technologies, announces that at its General Meeting held earlier today, all resolutions put to shareholders were duly passed by the necessary majority.\nGeneral Meeting - proxy voting results\n\n\n\n\nRes. No.\n\n\nBrief Description\n\n\nVotes for & Discretion\n\n\n%\n\n\nVotes against\n\n\n%\n\n\nTotal votes (ex. Withheld)\n\n\nVotes withheld\n\n\n\n\nOrdinary Resolutions\n\n\n\n\n1.\n\n\nAuthority to allot shares for Conditional Fundraising\n\n\n161,679,769\n \n\n\n98.99\n \n\n\n1,646,013\n \n\n\n1.01\n\n\n163,325,782\n \n\n\n1,437,306\n \n\n\n\n\n2.\n\n\nAuthority to allot shares for general purposes\n\n\n160,795,408\n \n\n\n98.45\n \n\n\n2,530,374\n \n\n\n1.55\n \n\n\n163,325,782\n \n\n\n1,437,306\n \n\n\n\n\nSpecial Resolution\n\n\n\n\n3.\n\n\nConditional on passing of ordinary resolution 1, disapplication of pre-emption rights\n\n\n161,209,063\n \n\n\n98.73\n \n\n\n2,079,560\n \n\n\n1.27\n \n\n\n163,288,623\n \n\n\n1,474,465\n \n\n\n\n\n4.\n\n\nConditional on passing of ordinary resolution 2, disapplication of pre-emption rights\n\n\n160,805,930\n \n\n\n98.46\n \n\n\n2,519,852\n \n\n\n1.54\n \n\n\n163,325,782\n \n\n\n1,437,306\n \n\n\n\n\n \nSettlement and Admission\nAn application has been made to the London Stock Exchange for 13,333,333 REX Retail Offer Shares and 17,204,036 Conditional Placing Shares to be admitted to trading on AIM (\"Second Admission\"). It is expected that Second Admission will take place at 8.00 a.m. on or around 1 July 2024 and that dealings on AIM will commence at the same time. When issued, the REX Retail Offer Shares and Conditional Placing Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of £0.001 each in the capital of the Company.\nTotal Voting Rights\nFollowing Second Admission, the Company's enlarged issued ordinary share capital will be 852,757,806 ordinary shares, with no shares held in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if ...