Business
Result of GM
Result of GM.
About this update from Block Energy Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3136I\n Block Energy PLC\n 11 August 2021\n \n \n \n \n 11 August 2021\n \n \n \n \n \n Block Energy plc\n \n \n (\"Block\" or \"the Company\")\n \n \n \n \n \n Result of General Meeting\n \n \n \n \n \n Following today's General Meeting (\"GM\"), convened by the Notice of a GM dated 23 July 2021, Block is pleased to announce that both resolutions proposed by Forest Nominees Limited (on behalf of G.P. (Jersey) Limited) and set out in the Notice of a GM were rejected by shareholders.\n \n \n \n \n \n The results of the poll for each resolution were as follows:\n \n \n \n \n \n \n \n \n Resolution\n \n \n \n \n For\n \n \n \n \n % For\n \n \n \n \n Against\n \n \n \n \n % Against\n \n \n \n \n \n \n 1. THAT Philip Dimmock be removed from office as director of the Company with immediate effect.\n \n \n \n \n 140,566,909\n \n \n \n \n 36.84%\n \n \n \n \n 240,980,994\n \n \n \n \n 63.16%\n \n \n \n \n \n \n 2. THAT Charles Valceschini be appointed as non-executive Chairman of the Company with immediate effect.\n \n \n \n \n 139,944,209\n \n \n \n \n 37.79%\n \n \n \n \n 230,388,805\n \n \n \n \n 62.21%\n \n \n \n \n \n \n \n \n As at the date of the GM, the number of issued ordinary shares of the Company was 625,979,318 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions. In accordance with the Company's Articles of Association, on a poll every member has one vote for every share held. Votes withheld are not votes in law and have not been counted in the calculation of the proportion of vote \"for\" or \"against\" a resolution. Proxy appointments which gave discretion to the Chairman have been included in the \"against\" total.\n \n \n \n \n \n The poll was conducted by the Company's registrar and the Company appointed Neville Registrars Limited to act as independent assessor to report that:\n \n \n a) the procedures adopted in connection with the poll or polls were adequate;\n \n \n b) the votes cast (including proxy votes) were fairly and accurately recorded and counted;\n \n \n c) the validity of members' appointments of proxies was fairly assessed;\n \n \n d) the notice of the meeting complied with section 325 (notice of meeting to contain state...