Business
Result of GM
Result of GM.
About this update from Cirata Plc
[{"type":"text","content":"\n\n24 July 2023\n \nWANdisco plc\nWANdisco receives 99.97% support for the resolution\n(\"WANdisco\" or the \"Company\")\nResult of General Meeting\n \nWANdisco (LSE: WAND), the data activation platform, is pleased to announce that the resolution set out in the Circular and put to the General Meeting (\"GM\") of the Company on 24 July 2023 was duly passed.\nResolution 1 was passed as a Special Resolution (requiring at least a 75% majority to be passed). The results for the resolution are set out below.\n \n\n\n\n\n\n\nResolution\n\n\nVotes For and Discretionary Votes\n\n\n%\n\n\nVotes Against\n\n\n%\n\n\nTotal Votes Cast (Excluding Withheld)\n\n\n% of ISC Voted*\n\n\nVotes Withheld\n\n\n\n\n1.\n\n\nTo increase the Company's authorised share capital\n\n\n51,507,646\n\n\n99.97\n\n\n16,937\n\n\n0.03\n\n\n51,524,583\n\n\n76.68\n\n\n2,208\n\n\n\n* Based on total issued share capital as at 18 May 2023 of 67,196,552 Ordinary shares.\nKen Lever, Chairman of WANdisco plc, commented:\n\"We are absolutely delighted that the resolution to increase the authorised share capital has received such overwhelming support, which will enable the Company to conclude the fundraise. The board and the executive management can now concentrate on driving the business forward to achieve growth in value for shareholders and all stakeholders.\"\n \nAdmission and lifting of the suspension of Ordinary Shares to trading on AIM\n \nApplication has been made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM (\"Admission\"). It is expected that Admission will be effective and settlement of the New Ordinary Shares will commence at 8.00 a.m. on 25 July 2023.\n \nThe Company published its FY22 Annual Report & Accounts on 12 July 2023, following which the Company and its nominated adviser have requested that the suspension of the Ordinary Shares to trading on AIM be lifted at 7.30 a.m. on 25 July 2023.\n \nRelated Party Transactions\n \nAs noted in the Company's Annual Report and Accounts for the year ended 31 December 2022 (the \"FY22 Annual Report and Accounts\"), during the course of 2022 the Company entered into agreements with The David and Jane Richards Family Foundation (\"DJRFF\"), EyUp Skills Limited (\"EyUp\") and Sheffield Wednesday F.C. Each of these transactions are deeme...