ELR - News Release
Eastern Platinum holders elect all director nominees
2014-06-13 12:48 ET - News Release
Mr. Ian Rozier reports
EASTERN PLATINUM ANNOUNCES VOTING RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING
Eastern Platinum Ltd. has released the voting results of its 2014 annual general and special meeting held yesterday.
Fix number of directors
The ordinary resolution fixing the number of directors at five was approved. Shareholders present in person or represented by proxy at the meeting voted as set out in an attached table.
Number of shares Percentage of votes cast For Against Withheld/ For Against Withheld/ abstain abstain 501,816,348 13,411,618 0 97.40% 2.60% 0.0%
Election of directors
All nominees listed in the management proxy circular for the meeting were elected as directors of the company. Shareholders present in person or represented by proxy at the meeting voted as set out in an attached table.
Nominee Number of shares Percentage of votes cast For Against Withheld/ For Against Withheld/ abstain abstain Ian Rozier 486,386,142 0 6,400,421 98.70% 0.0% 1.30% David Cohen 483,565,668 0 9,220,895 98.13% 0.0% 1.87% Gordon Keep 480,806,947 0 11,979,616 97.57% 0.0% 2.43% J. Merfyn Roberts 484,945,092 0 7,841,471 98.41% 0.0% 1.59% Robert Gayton 482,108,118 0 10,678,445 97.83% 0.0% 2.17%
Appointment of auditor
Deloitte LLP was appointed auditor of the company to hold office until the close of the next annual general meeting of the company, and the directors of the company were authorized to fix the remuneration of the auditor. Shareholders present in person or represented by proxy at the meeting voted as set out in an attached table.
Number of shares Percentage of votes cast For Against Withheld/ For Against Withheld/ abstain abstain 506,250,771 0 8,978,363 98.26% 0.0% 1.74%
Share option plan
The resolution ratifying, confirming and approving the adoption of the company's 2011 share option plan, as amended, was approved. Shareholders present in person or represented by proxy at the meeting voted as set out in an attached table.
Number of shares Percentage of votes cast For Against Withheld/ For Against Withheld/ abstain abstain 326,830,813 165,955,750 0 66.32% 33.68% 0.0%
Shareholders rights plan
The resolution ratifying, confirming and approving the adoption of a shareholders rights plan of the company was approved. Shareholders present in person or represented by proxy at the meeting voted as shown in the attached table.
Number of shares Percentage of votes cast For Against Withheld/ For Against Withheld/ abstain abstain 489,808,016 2,978,547 0 99.40% 0.60% 0.0%
Share consolidation and subdivision
The special resolution ratifying, confirming and approving the share consolidation and subdivision of the company's securities was approved. Shareholders present in person or represented by proxy at the meeting voted as set out in an attached table.
Number of shares Percentage of votes cast For Against Withheld/ For Against Withheld/ abstain abstain 498,959,683 16,269,450 0 96.84% 3.16% 0.0%
The share consolidation and subdivision are expected to be effective on June 27, 2014.
Cancellation of trading on the AIM
The resolution ratifying, confirming and approving the cancellation of trading on the AIM was approved. Shareholders present in person or represented by proxy at the meeting voted as set out in an attached table.
Number of shares Percentage of votes cast For Against Withheld/ For Against Withheld/ abstain abstain 510,847,298 4,380,669 0 99.15% 0.85% 0.00%
The last day of trading on the AIM is expected to be June 19, 2014.