Business
Result of General Meeting
Result of General Meeting.
About this update from Electric Guitar Plc
[{"type":"text","content":"\n\n27 August 2024\n\n \nElectric Guitar PLC\n(\"Electric Guitar\" or the \"Company\")\n \nResult of General Meeting\n \nElectric Guitar PLC (LSE: ELEG), the digital marketing and advertising company providing first-party data solutions, is pleased to announce that further to the announcement dated 9 August 2024 regarding the Company's proposed acquisition of Mymyne Limited (\"Mymyne\"), the Company confirms that the associated resolution was approved by shareholders at the General Meeting held earlier today.\nThe table below shows the votes received on the resolution proposed at the General Meeting. The full text of the resolution is contained in the Notice of General Meeting published on 9 August 2024.\n \n\n\n\n\nResolution\n\n\nVotes For*\n\n\n%\n\n\nVotes Against\n\n\n%\n\n\nTotal no. votes cast\n\n\nVotes Withheld**\n\n\n\n\n1\n\n\n87,204,860\n\n\n87.4\n\n\n12,601,959\n\n\n12.6\n\n\n99,806,819\n\n\n0\n\n\n\n\n \n* Includes discretionary votes\n**A vote withheld is not a vote in law and is not included in the calculation of the votes \"For\" or \"Against\" the resolution or the total number of votes cast\n \nThe Company can confirm that as described in the announcement dated 9 August 2024, the Mymyne Shareholding has been placed out to Jason Batten, a director of Mymyne, for a sum of £31,000 and the funds will be received by Electric Guitar upon completion of the acquisition, which remains subject to the admission of the Initial Consideration Shares to trading on AIM, expected to take place tomorrow.\n \nThe same definitions apply throughout this announcement as those set out in the Company's announcement published on 9 August 2024, unless the context requires otherwise.\n \nFor further information:\n \n\n\n\n\n Electric Guitar PLC\n\n\n\n\nRichard Horwood\nChief Operating Officer\n\n\n 07778 463 868\n \n\n\n\n\n \nAllenby Capital\n(Nominated Adviser and Joint Broker)\nJeremy Porter\nPiers Shimwell\nDan Dearden-Williams\n \n\n\n \n020 3328 5656\n \n\n\n\n\nAxis Capital Markets\n(Joint Broker)\nRichard Hutchison\n \n\n\n020 3026 0320\n \n\n\n\n\nGlobal Investment Strategy UK (Joint Broker)\nJames Sheehan\n \n\n\n020 7048 9400\n\n\n\n\nYellow Jersey PR\nCharles Goodwin\nAnnabelle Wills\nBessie Elliot\n \n\n\n \n020 3004 9...