Business
EGM Results
EGM Results.
About this update from Ormonde Mining Plc
[{"type":"text","content":"\n \nRNS Number : 9547C Ormonde Mining PLC 13 February 2020 \n\n \n13 February 2020\n \n \n \nOrmonde Mining plc\n(\"Ormonde\" or \"the Company\")\n \nResult of EGM\n \nOrmonde announces that the ordinary resolution to approve the disposal of the Company's 30% interest in the Barruecopardo Tungsten Mine, as proposed to shareholders at the Company's Extraordinary General Meeting held in Dublin today, was duly passed.\n \nThe resolution was decided on a show of hands. The number of proxy votes assigned to the Chairman of the meeting for and against the resolution were as follows:\n \n \n\n\n\n\n\n\nVotes for (including discretion)\n\n\nVotes against\n\n\nTotal Votes cast \n\n\n\n\n\n\n\nNo. of shares\n\n\n% of shares voted\n\n\nNo. of shares\n\n\n% of \nshares voted\n\n\nNo. of shares\n\n\n% of issued share capital* \n\n\n\n\nResolution to approve Proposed Disposal\n\n\n25,519,060\n\n\n87.15\n\n\n3,762,000\n\n\n12.85\n\n\n29,281,060\n\n\n6.21\n\n\n\n \n* The issued share capital of the Company is 472,507,482 ordinary shares of nominal value €0.01 each.\n \n \nClosing obligations of the parties, including the payment by Oaktree to Ormonde of the €6 million disposal proceeds, are due to be completed in the coming days. In accordance with the Sale and Purchase Agreement, completion must occur within a maximum of 5 business days of Ormonde having received shareholder approval for the disposal. A further update will be provided once completion has occurred.\n \n \n \nEnquiries to:\n \nOrmonde Mining plc\nPaul Carroll, Chief Financial Officer\nFraser Gardiner, Chief Operating Officer\nTel: +353 (0)1 8014184\n \nDavy (Nomad, Euronext Growth Advisor and Joint Broker)\nJohn Frain / Barry Murphy\nTel: +353 (0)1 6796363\n \nSP Angel Corporate Finance LLP (Joint Broker)\nEwan Leggat \nTel: +44 (0)20 3 470 0470\n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. END ROMTJMJTMTIBBPM\n ","length"...