Business
Result of General Meeting and issue of equity
Result of General Meeting and issue of equity.
About this update from Aston Martin Lagonda Global Holdings Plc
[{"type":"text","content":"\n\n7 May 2025\n \nAston Martin Lagonda Global Holdings plc\n(\"Aston Martin\", or the \"Company\")\n \nResults of General Meeting and Issue of equity and total voting rights\n \nAston Martin announces today, following the announcements on 31 March 2025 and 17 April 2025 in relation to the proposed c.£52.5m investment in the Company by the Yew Tree Consortium (the \"Placing\"), that its General Meeting held today electronically by audio webcast at 11.00 a.m. to approve the Placing was successfully concluded. The resolution put to the General Meeting (the \"Resolution\") was duly passed by the Independent Shareholders of the Company by the majority required on a poll. The voting results are set out in the table below and the voting represents 63.4% of the issued share capital of the Company which is held by Independent Shareholders, totalling 676,193,684 Ordinary Shares.\nAll definitions are as set out in the Shareholder Circular dated 17 April 2025.\n\n\n\n\n RESOLUTION\n\n\nVOTES\n\n\n\n\nFOR¹\n\n\nAGAINST\n\n\nWITHHELD²\n\n\nTOTAL\n\n\n\n\nVotes\n\n\n%\n\n\nVotes\n\n\n%\n\n\nVotes\n\n\n\n\n\n\n\n1\n\n\nTHAT, the waiver granted by the Panel of the obligation that would otherwise arise on the Yew Tree Consortium (or any member of the Yew Tree Consortium), both individually and collectively, to make an offer to the Independent Shareholders pursuant to Rule 9 of the Code, as a result of an increase in the percentage of shares of the Company carrying voting rights in which the Yew Tree Consortium would be interested in to 33.13%, resulting from the subscription for 75,000,000 new Ordinary Shares of the Company by the Yew Tree Consortium pursuant to the proposed Placing, be and is hereby approved.\n\n\n404,752,910\n\n\n94.40\n\n\n23,990,103\n\n\n5.60\n\n\n742,733\n\n\n428,743,013\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nNotes:\n¹ Includes discretionary votes\n² A vote withheld is not a vote in law and is not counted in the calculation of the votes \"For\" or \"Against\" a Resolution\n \n \nThese results will shortly be available on the Company's website at www.astonmartinlagonda.com/investor/shareholder-information and in accordance with Listing Rule 6.4.2, will be submitted to the National Storage Mechanism and will shortly be available for ins...