Business
Result of General Meeting, Open Offer & TVR
Result of General Meeting, Open Offer & TVR.
About this update from Itm Power Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0045F\n ITM Power PLC\n 11 November 2020\n \n \n \n The information contained in this announcement is inside information for the purposes of article 7 of Regulation (EU) 596/2014.\n \n THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) (THE UNITED STATES), AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.\n \n FOR IMMEDIATE RELEASE\n \n 11 November 2020\n \n \n \n \n ITM Power plc\n \n \n (\"ITM Power\" or the \"Company\")\n \n \n \n \n \n Result of General Meeting and Open Offer\n \n \n \n \n \n ITM Power (AIM: ITM), the energy storage and clean fuel company, published and posted a shareholder circular on 23 October 2020, including a notice of general meeting (\"General Meeting\") in connection with the proposed Subscription, Firm Placing and Open Offer.\n \n \n \n \n At the General Meeting of the Company held today the requisite shareholder approval was given by way of a poll. The votes cast at the General Meeting were as follows:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n For\n \n \n \n \n Against\n \n \n \n \n Withheld\n \n \n \n \n \n \n Ordinary Resolution\n \n \n \n \n Votes\n \n \n \n \n %\n \n \n \n \n Votes\n \n \n \n \n %\n \n \n \n \n \n \n \n \n \n \n \n \n \n To authorize the directors to allot ordinary shares\n \n \n \n \n 191,464,538\n \n \n \n \n 99.88\n \n \n \n \n 228,270\n \n \n \n \n 0.12\n \n \n \n \n 79,457\n \n \n \n \n \n \n Special Resolution \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n To disapply Section 561 of the Companies Act 2006\n \n \n \n \n 190,125,489\n \n \n \n \n 99.24\n \n \n \n \n 1,459,019\n \n \n \n \n 0.76\n \n \n \n \n 187,757\n \n \n \n \n \n The number of Ordinary Shares in issue on 11 November 2020 was 477,461,258. Shareholders are entitled to one vote per share.\n \n \n \n \n The Subscription, Firm Placing and Open Offer remain conditional on, inter alia, Admiss...