Business
Result of General Meeting, Issue of Equity and TVR
Result of General Meeting, Issue of Equity and TVR.
About this update from Genincode Plc
[{"type":"text","content":"\n\n3 March 2025\n \n \n \nGENinCode Plc\n(\"GENinCode\" or the \"Company\")\n \nResult of General Meeting, Issue of Equity and Total Voting Rights\n \nGENinCode plc (AIM: GENI), the genetics company focused on the prevention of cardiovascular disease (\"CVD\") and the early detection of ovarian cancer, announces that all resolutions put to Shareholders at the General Meeting held earlier today in connection with the placing, subscription and retail offer announced by the Company on 14 February 2025 were duly passed.\n \n \n\n\n\n\nResolution\n\n\nFor\n\n\nAgainst\n\n\nWithheld\n\n\nTotal votes cast\n\n\n\n\n\n\n\n\n\n\nNumber of votes\n\n\n%\n\n\nNumber of votes\n\n\n%\n\n\nNumber of votes\n\n\n \n\n\n\n\n1\n\n\nOrdinary resolution to authorise the directors to allot shares \n\n\n101,870,872\n\n\n100%\n\n\n-\n\n\n0%\n\n\n7\n\n\n101,870,879\n\n\n\n\n2\n\n\nSpecial resolution to authorise the directors to disapply pre-emption rights\n\n\n101,866,990\n\n\n100%\n\n\n-\n\n\n0%\n\n\n3,889\n\n\n101,870,879\n\n\n\n\n(1) Any proxy appointments, which gave discretion to the Chairman have been included in the 'For' votes total.\n(2) Votes \"For\" and \"Against\" any resolution are expressed as a percentage of votes validly cast for that resolution.\n(3) A vote \"Withheld\" is not a vote in law and is not counted in the calculation of the percentage of shares voted \"For\" or \"Against\", nor in the aggregate figure of total votes cast.\n \n \nSubscription by the Nestor Oller entities\n \nThe Company has been notified by Nestor Oller, a significant shareholder in the Company, of a change in the legal entity subscribing for 9,459,460 shares, transferring from Bobby Jean SICAV S.A. to Santi-1990 SL. Both entities are undertakings controlled by Nestor Oller.\n \nIssue of Equity and Total Voting Rights\n \nFollowing shareholder approval at the general meeting and conditional on admission, 88,040,541 new ordinary shares have been allotted pursuant to the Placing, 1,809,508 new ordinary shares pursuant to the Retail Offer and 20,067,567 pursuant to the Subscription.\n \nThe Company has therefore allotted a total of 109,917,616 new ordinary shares in connection with the Fundraising.\n \nAdmission ...