Business
Result of AGM & GM
Result of AGM & GM.
About this update from Total Graphite Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6138Q\n Tirupati Graphite PLC\n 28 October 2021\n \n \n \n \n This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement this information is considered to be in the public domain.\n \n \n \n \n \n 28 October 2021\n \n \n Tirupati Graphite plc ('Tirupati' or the 'Company')\n \n \n Result of AGM & General Meeting\n \n \n \n \n \n Tirupati Graphite plc, the fully integrated, revenue generating, specialist graphite producer and graphene and advanced materials developer, is pleased to announce that it held its Annual General Meeting ('AGM') at 10 AM this morning and all resolutions proposed in the notice of meeting sent to the shareholders and dated 29 September 2021 were duly passed on a show of hands.\n \n \n \n At a General Meeting of the Company held immediately after the AGM, the Company sought approval from independent shareholders for the waiver of obligations that would otherwise arise under Rule 9 of the City Code on Takeovers and Mergers (\"Takeover Code\") in respect of certain issues of Ordinary Shares and warrants to subscribe for Ordinary Shares of the Company as mentioned in the notice for the General Meeting of the Company dated 29 September 2021 ('the Whitewash Resolution'). The Company is pleased to announce in accordance with Section 6(a) of Appendix 1 to the Takeover Code that at the said General Meeting the Whitewash Resolution set out in the circular to the independent shareholders dated 29 September 2021 was duly passed on a poll with:\n \n For: 29,016,904\n Against: 13,150\n Withheld: 15,382\n \n As detailed in the Whitewash Circular issued by the Company on 29 September 2021 (the \"Circular\"), the Concert Party's total interest in the Existing Issued Share Capital and voting rights of the Company at the date of the Circular was 36,364,472 Ordinary Shares representing 42.18 per cent. of the issued Ordinary Shares in the Company. The maximum potential interest of the Concert Party in the voting rights of the Company following the Share Issuance Arrangements (on the basis of the Assumptions) the maximum number of Ordinary Shares in issue will b...