Shareholder meeting results
BSF Enterprise PLC announced that all resolutions were passed by shareholders at its General Meeting, including authorities for directors to allot shares for specific and general purposes, and to disapply pre-emption rights. Following these approvals, an application has been made for the admission of 26,875,000 ordinary shares to the London Stock Exchange, comprising 25,000,000 placing shares and 1,875,000 fee shares, expected to be effective on June 12, 2026. Post-admission, the company's enlarged share capital will be 193,749,437 ordinary shares, representing the total voting rights.
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BSF Enterprise PLC (LSE: BSFA) ("BSF" or the "Company"), a leading innovator in tissue-engineered materials, is pleased to announce that at the Company's General Meeting held earlier today, all resolutions proposed were duly passed by shareholders by way of a poll, the results of which were as follows:
| Resolution | Shares | ||||
|---|---|---|---|---|---|
| For | % of votes | Against | % of votes | * Withheld | |
| Ordinary Resolution: 1. Directors' authority to allot shares for specific purposes | 38,811,710 | 97.35% | 1,057,257 | 2.65% | 94 |
| Ordinary Resolution: 2. Directors' authority to allot shares for general purposes | 38,358,885 | 97.30% | 1,063,893 | 2.70% | 446,283 |
| Special Resolution: 3. Disapplication of pre-emption rights for specific purposes | 38,809,545 | 97.34% | 1,059,422 | 2.66% | 94 |
| Special Resolution: 4. Disapplication of pre-emption rights for general purposes | 38,345,356 | 97.27% | 1,077,422 | 2.73% | 446,283 |
Following the passing of the Resolutions, an application has been made for 26,875,000 ordinary shares to be admitted to listing on the Equity Shares (transition) category of the Official List and to trading on the London Stock Exchange's main market for listed securities ("Admission") being 25,000,000 new ordinary shares pursuant to the Placing announced by the Company on 03 June in 2026 ("Placing Shares") and 1,875,000 new ordinary shares ("Fee Shares") in settlement of certain advisory fees.
It is expected that Admission of the Placing Shares and Fee Shares will become effective on or around 8.00 a.m. on 12 June 2026.
Total Voting Rights
Following Admission, the Company's enlarged share capital will comprise 193,749,437 ordinary shares of 1 penny each. Therefore, the total number of voting rights in the Company will be 193,749,437. This figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in the Company, or a change to their interest in the Company, under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Engage with the BSF Enterprise management team directly by asking questions, watching video
summaries and seeing what other shareholders have to say. Navigate to our Interactive Investor
website here:
| Bowsprit Partners John Treacy James Sheehan | +44 (0)203 883 4430 |
ISIN of the Ordinary Shares is GB00BHNBDQ51. SEDOL Code is BHNBDQ5.
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Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.