Result of AGM
Ebiquity PLC announced that all resolutions at its annual general meeting were passed, including the approval of directors' remuneration and the re-election of directors. A key outcome was the passing of Resolution 15, which will sub-divide each existing ordinary share of 25 pence into one new ordinary share of 0.01 pence and one deferred share of 24.9 pence. Following this sub-division, 141,215,531 new ordinary shares are expected to be admitted to trading on AIM on June 3, 2026, with the total voting rights in the company to be 138,952,686.
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Ebiquity plc, the independent authority in marketing effectiveness, announces that all of the resolutions proposed at its annual general meeting ("AGM") held earlier today were passed.
A breakdown of the votes received at the meeting for each resolution is set out below and will also be made available on the Company's website: www.ebiquity.com.
| Resolution | For | % | Against | % | |
|---|---|---|---|---|---|
| 1 | To receive the report & accounts | 810,95,059 | 100 | 14 | 0 |
| 2 | To approve the directors' remuneration report for the financial year ended 31 December 2025 | 74,276,475 | 93.19 | 5,431,098 | 6.81 |
| 3 | To elect Chris Sweetland as a director | 810,95,059 | 100 | 14 | 0 |
| 4 | To re-elect Sue Farr as a director | 74,276,475 | 93.19 | 5,431,098 | 6.81 |
| 5 | To re-elect Lara Izlan as a director | 810,95,059 | 100 | 14 | 0 |
| 6 | To re-elect Rob Woodward as a director | 810,95,059 | 100 | 14 | 0 |
| 7 | To re-elect Ruben Schreurs as a director | 810,95,059 | 100 | 14 | 0 |
| 8 | To re-elect Katharine ('Kayte') Herrity as a director | 810,95,059 | 100 | 14 | 0 |
| 9 | To re-appoint the auditors | 810,95,059 | 100 | 14 | 0 |
| 10 | To authorise the directors to set the auditors' remuneration | 810,95,059 | 100 | 14 | 0 |
| 11 | To authorise the directors to allot shares | 74,276,475 | 93.19 | 5,431,098 | 6.81 |
| 12 | To disapply pre-emption rights | 74,276,475 | 93.19 | 5,431,098 | 6.81 |
| 13 | To disapply pre-emption rights for the purpose of acquisitions or specified capital investments | 74,276,475 | 93.19 | 5,431,098 | 6.81 |
| 14 | To authorise share buybacks | 810,95,059 | 100 | 14 | 0 |
| 15 | To amend the articles of association of the Company | 74,276,475 | 93.19 | 5,431,098 | 6.81 |
Resolution 15 - Amendment of the Articles of Association of the Company
As a result of Resolution 15 having been passed at the AGM, shareholders have approved to sub-divide each existing ordinary share of 25 pence ("Existing Ordinary Shares") into one new ordinary share of 0.01 pence each ("New Ordinary Shares") and one deferred share of 24.9 pence each ("Deferred Shares") (the "Sub-Division").
The Sub-Division does not affect the value of shares held by the Company's shareholders and, following Admission (defined below), shareholders will continue to hold the same number of ordinary shares as prior to the Sub-Division and will also hold one Deferred Share for each Existing Ordinary Share previously held. Accordingly, there will be the same number of ordinary shares in the capital of the Company in issue as there are prior to the Sub-Division and therefore current shareholdings will not be diluted by the reorganisation.
It is not intended to issue new share certificate(s) to the holders of the New Ordinary Shares following the Sub-Division. Existing Ordinary share certificate(s) will remain valid for the same number of ordinary shares but with a different nominal value of 0.01 pence per ordinary share.
Further information on the Sub-Division can be found in the Notice of AGM on the Company's website: www.ebiquity.com
Admission
Application has been made for 141,215,531 New Ordinary Shares to be admitted to trading on AIM. Dealings in the New Ordinary Shares are expected to commence at 8:00 a.m. on 3 June 2026 ("Admission").
On Admission, the Company's share capital will consist of 141,215,531 ordinary shares, with each ordinary share carrying the right to one vote.
The Ebiquity plc Employee Benefit Trust holds 2,262,845 ordinary shares to satisfy awards under the Company's share option plans. The trustee of the EBT has agreed not to vote Ordinary Shares held by it such that these Ordinary Shares are treated as not carrying voting rights.
Therefore, on Admission, the total voting rights in the Company will be 138,952,686. This figure may be used by shareholders as the denominator for calculations to determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.