Result of General Meeting
Shareholders approved both resolutions at the General Meeting with 170,578,159 votes (99.97%) for the allotment of shares and 166,217,854 votes (97.60%) for the disapplication of pre-emption rights (against: 50,000 and 4,086,497 votes respectively), enabling the Fundraising and Acquisition to progress; the Acquisition is expected to complete on 3 November 2026 and Admission and completion of the Fundraising are expected to become effective at 08:00 on 4 November 2026.
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Built Cybernetics (AIM: BUC), the AIM-quoted Smart Buildings group, is pleased to announce that both of the resolutions proposed at today’s General Meeting were unanimously approved by Shareholders on a show of hands. Had a poll been required, proxy votes received by the deadline were as follows:
| Resolution | Votes For & Discretionary | % Votes For & Discretionary | Votes Against | % Votes Against |
|---|---|---|---|---|
| 1 – Allot Shares | 170,578,159 | 99.97% | 50,000 | 0.03% |
| 2 – Pre-emption rights | 166,217,854 | 97.60% | 4,086,497 | 2.40% |
The Fundraising and Acquisition will now progress to completion, which is expected to occur on 3 November 2026 with respect to the Acquisition. On completion of the Acquisition, Admission (and completion of the Fundraising) is expected to become effective at 8.00 a.m. on 4 November 2026.
Unless otherwise defined herein, capitalised terms used in this announcement have the meanings given to them in the Circular published by the Company on 13 October 2026.
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