Business
Result of EGM
Result of EGM.
About this update from Gem Diamonds Limited
[{"type":"text","content":"\n RNS Number : 8367Q Gem Diamonds Limited 20 April 2009 \n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR SWITZERLAND \n\n20 April 2009\nGem Diamonds Limited\n\n('Gem Diamonds' or the 'Company')\n\nResults of General Meeting\n\nFurther to its announcement on 1 April 2009 of a Placing of 75 million New Shares in the Company, Gem Diamonds (LSE: GEMD) announces that at its General Meeting held on 20 April 2009, each of the resolutions set out in the circular and notice of general meeting to shareholders dated 3 April 2009 was duly passed by way of a poll in accordance with the Company's Articles of Association.\n\nCopies of the resolutions have been submitted to the UK Listing Authority (the 'UKLA') in accordance with paragraph 9.6.2 of the Listing Rules and will shortly be available for inspection at the UKLA's Document Viewing Facility, which is situated at:\n\nThe Financial Services Authority\n25 The North Colonnade\nCanary Wharf\nLondon E14 5HS\n\nThe results of the poll on each resolution are as follows: \n\n\n\n\n\n\n\n\nVotes\n\n\n\n\nResolution\n\n\nFor\n\n\n%\n\n\nAgainst\n\n\n%\n\n\nWithheld\n\n\n\n\n1\n\n\nIncrease to number of authorised shares\n\n\n49,891,901\n\n\n99.93\n\n\n32,812\n\n\n0.07\n\n\n104,300\n\n\n\n\n2\n\n\nAuthority to allot shares\n\n\n49,432,408\n\n\n99.01\n\n\n492,305\n\n\n0.99\n\n\n104,300\n\n\n\n\n3\n\n\nDisapplication of pre-emption rights\n\n\n49,430,164\n\n\n99.01\n\n\n492,305\n\n\n0.99\n\n\n106,544\n\n\n\n\n4\n\n\nApproval of Placing\n\n\n49,517,108\n\n\n99.18\n\n\n407,705\n\n\n0.82\n\n\n104,200\n\n\n\n\n5\n\n\nApproval of related party transaction\n\n\n49,516,908\n\n\n99.18\n\n\n407,705\n\n\n0.82\n\n\n104,400\n\n\n\n\n6\n\n\nWaiver of mandatory bid requirement\n\n\n49,432,308\n\n\n99.01\n\n\n492,305\n\n\n0.99\n\n\n104,400\n\n\n\n\n\nIt is expected that the 75 million New Shares will be admitted to the Official List of the UKLA and to trading on the main market of the London Stock Exchange at 8.00 a.m. on 22 April 2009.\n\nWords and expr...