Business
Result of GM and Commencement of Buyback Programme
Result of GM and Commencement of Buyback Programme.
About this update from Me Group International Plc
[{"type":"text","content":"\n\n18 August 2023\nME GROUP INTERNATIONAL PLC\n(\"ME Group\" or \"the Company\")\n \nResult of General Meeting and Commencement of Share Buyback Programme\n \nME Group International plc (LON: MEGP), the instant-service vending equipment group, is pleased to announce that at the General Meeting held today at 10.00 a.m. at the offices of Hudson Sandler LLP, 25 Charterhouse Square, London, EC1M 6AE, both resolutions set out in the Circular and Notice of General Meeting sent to shareholders on 1 August 2023 (\"Circular and Notice of 2023 GM\") were passed on a poll.\n \nThe results of the poll for each resolution are set out below: \n \n\n\n\nSpecial Business\n \n\n\nTotal Votes Cast\n\n\n% of total voting rights\n\n\nVotes\nFor\n\n\nVotes\nAgainst\n\n\nVotes\nwithheld\n\n\n% for\n\n\n% against\n\n\n\n\nSpecial 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\n1.\n\n\nTHAT, subject to resolution 2, the Company be authorised to make market purchases of ordinary shares of 0.5p each.\n \n\n\n161,961,699\n\n\n42.79%\n\n\n161,719,731\n\n\n152,912\n\n\n89,056\n\n\n99.91%\n\n\n0.09%\n\n\n\n\nOrdinary 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\n2.\n\n\n\n1. \n\n\n\n\n\n\nTHAT, subject to resolution 1, the waiver by the Panel on Takeovers and Mergers of any obligation which might arise on the Concert Party to make a general offer as a result of market purchases of ordinary shares be approved.\n\n\n161,961,699\n\n\n42.79%\n\n\n98,071,711\n\n\n62,471,378\n\n\n1,418,610\n\n\n61.09%\n\n\n38.91%\n\n\n\n \nNotes:\n \n1. Votes withheld have not been counted in the calculation of the proportion of the votes \"for\" and \"against\" resolutions.\n \n2. Votes which gave discretion to the Chairman have been included in the \"for\" total.\n \n3. In accordance with the terms of the Panel Waiver, only Independent Shareholders were entitled to vote on Resolution 2.\nOther than where defined, capitalised terms used in this Announcement have the meanings given to them in the Circular and Notice of 2023 GM.\nAccordingly, the Company has now entered into instructions with finnCap Ltd (\"finnCap\") to enable the Company to buy back ordinary shares of 0.5 pence each in the capital of the Company (\"Ordinary Shares\") u...