Business
Results of General Meeting
World Chess PLC announced that both resolutions presented at its General Meeting were passed unanimously on a poll, with 399,498,807 votes for each resolution and only 2,200 votes against. These resolutions granted the directors a general authority to allot shares and disapplied pre-emption rights, which are crucial for the company's future fundraising and strategic flexibility. The total number of voting rights at the time of the meeting was 887,938,480 ordinary shares. Disclaimer*
About this update from World Chess Plc
[{"type":"text","content":"\n\n18 March 2026\n \nWORLD CHESS PLC\n \nResults of General Meeting\n \nWorld Chess PLC (LSE: CHSS) (the \"Company\"), a leading chess organisation committed to expanding the global appeal of chess, announces that at its General Meeting held earlier today, both resolutions were passed on a poll. The votes cast and votes withheld in relation to each resolution were as follows:\n \n\n\n\n\nNo\n\n\nResolution1,2\n\n\nVotes FOR\n\n\n% votes FOR\n\n\nVotes AGAINST\n\n\n% votes AGAINST\n\n\nVotes WITHHELD3\n\n\n\n\nOrdinary resolution\n\n\n\n\n1\n\n\nGeneral authority of directors to allot shares\n\n\n399,498,807\n\n\n100%\n\n\n2,200\n\n\n0%\n\n\n200\n\n\n\n\nSpecial resolution\n\n\n\n\n2\n\n\nDisapplication of pre-emption rights\n\n\n399,498,807\n\n\n100%\n\n\n2,200\n\n\n0%\n\n\n200\n\n\n\n\n \n1. The full text of the resolutions can be found in the Notice of the General Meeting sent to shareholders on the Company's website at https://www.company.worldchess.com/investors.\n2. As at the record date for eligibility to vote at the Company's General Meeting, the Company had 887,938,480 Ordinary Shares in issue. Accordingly, the Company's total number of voting rights was 887,938,480.\n3. Votes 'Withheld' are not a vote in law and have not been counted in the calculation of the votes % 'For' and % votes 'Against' the resolutions.\n \n\n\n\n\nWorld Chess Plc\nIlya Merenzon, CEO\n \n\n\[email protected]\n\n\n\n\nAlbR Capital Limited\nFinancial Adviser: David Coffman / Dan Harris\n\n\n+44 (0) 20 7469 0930\n\n\n\n\n \nNotes to Editors\nWorld Chess (LSE: CHSS) is a London-based chess gaming and entertainment company and Fédération Internationale des Échecs (\"FIDE\") official commercial partner. World Chess organised the FIDE Championship Matches in the USA and the UK and revolutionised the sport by signing the biggest media partnerships in chess history. World Chess develops Armageddon, the chess league for prime-time television, and operates worldchess.com, the official FIDE-rated gaming platform.\nMore at worldchess.com.\n\n","length":5459,"tagName":"div"}]