Result of AGM
Gem Resources plc announced that all resolutions presented at its Annual General Meeting on June 23, 2026, were passed by shareholders. Key resolutions included the approval of the 2025 Annual Report, the re-appointment of directors Louis Ching, Bernard Olivier, Peter Redmond, John Treacy, Edward Nealon, and Hans Wong, and the re-appointment of PKF Littlejohn LLP as auditor. Shareholders also approved the authority to allot shares and the disapplication of pre-emption rights, with resolutions generally receiving over 99.9% of votes in favour, indicating strong shareholder support for the company's governance and operational plans.
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The board of directors of Gem Resources plc (LSE: GEMR) is pleased to announce that, at the Annual General Meeting ("AGM") of the Company held on 23 June 2026, all resolutions put to the meeting were duly passed (each a "Resolution", and together the "Resolutions").
A poll was held on each of the Resolutions and was passed by the required majority.
Resolutions 1-9 were passed as ordinary resolutions.
Resolution 10 and 11 were passed as a special resolution.
The results of the poll were as follows:
| Resolution | Votes For (Number) | Votes For (%) | Votes Against (Number) | Votes Against (%) | Discretion Voted Holding (Number) | Votes Withheld (Number) | Votes Total |
|---|---|---|---|---|---|---|---|
| Resolution 1 (Ordinary): To approve the Company's 2025 Annual Report | 413,632,724 | 99.98 | 68,955 | 0.02 | 0 | 82,852 | 413,701,679 |
| Resolution 2 (Ordinary): To re-appoint L ouis Ching as a director of the Company | 413,632,724 | 99.98 | 68,955 | 0.02 | 0 | 82,852 | 413,701,679 |
| Resolution 3 (Ordinary): To re-appoint Bernard Olivier as a director of the Company | 413,632,724 | 99.98 | 68,955 | 0.02 | 0 | 82,852 | 413,701,679 |
| Resolution 4 (Ordinary): To re-appoint Peter Redmond as a director of the Company | 413,632,724 | 99.98 | 68,955 | 0.02 | 0 | 82,852 | 413,701,679 |
| Resolution 5 (Ordinary): To re-appoint John Treacy as a director of the Company | 413,632,724 | 99.98 | 68,955 | 0.02 | 0 | 82,852 | 413,701,679 |
| Resolution 6 (Ordinary): To re-appoint Edward Nealon as a director of the Company | 413,248,109 | 99.89 | 453,570 | 0.11 | 0 | 82,852 | 413,701,679 |
| Resolution 7 (Ordinary): To re-appoint Hans Wong as a director of the Company | 413,632,724 | 99.98 | 68,955 | 0.02 | 0 | 82,852 | 413,701,679 |
| Resolution 8 (Ordinary): To re-appoint PKF Littlejohn LLP as the auditor of the Company | 413,632,724 | 99.98 | 68,955 | 0.02 | 0 | 82,852 | 413,701,679 |
| Resolution 9 (Ordinary): To approve authority to allot shares of the Company | 413,632,724 | 99.98 | 68,955 | 0.02 | 0 | 82,852 | 413,701,679 |
| Resolution 10 (Special): To approve the disapplication of pre-emption rights | 413,632,724 | 99.97 | 118,976 | 0.03 | 0 | 82,852 | 413,751,700 |
| Resolution 11 (Special): To authorize the directors to call a general meeting on not less than 14 clear days notice | 413,027,565 | 99.99 | 35,473 | 0.01 | 0 | 59,165 | 413,063,038 |
*Any proxy appointments which gave discretion to the chair of the AGM have been included in the "Vote For" total.
The total number of shares in issue at the voting date is 617,316,176. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of votes for and against the Resolution.
The full text of all of the Resolutions can be found in the Notice of AGM posted on the Company's website, https://gemresources.co.uk/publications/.
Gem Resources Plc is a mineral exploration and mining group with a portfolio of mining and mineral exploration assets across South Africa, Australia and Zambia.
The Company is focused on Africa and Australia, and its asset base includes interests in coloured gemstone projects in South Africa and Australia, together with strategic mineral exploration interests in Zambia prospective for high-grade graphite, coltan, containing niobium and tantalum, lithium and rare earth elements.
The Group's principal activity is the advancement and development of its asset portfolio, with the overarching objective of creating long-term value for shareholders through capital growth and/or dividends.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.