Result of General Meeting
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KEFI Gold and Copper plc (AIM: KEFI), the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, announces that at today's General Meeting ("GM") of the Company all resolutions were duly passed.
The votes were cast as follows:
| Votes For | % For | Votes Against | % Against | *Votes Withheld | |
|---|---|---|---|---|---|
| 1. To authorise the Directors pursuant to Section 551 of the Companies Act 2006 (the "Act") to allot shares and grant rights to subscribe for shares | 1,000,360,492 | 91.06% | 96,434,866 | 8.78% | 1,768,534 |
| SPECIAL RESOLUTIONS | |||||
| 2. To authorise the Directors under Section 570 of the Act to allot equity securities (within the meaning of Section 560 of the Act) as if Section 561 of the Act did not apply to such allotment | 1,000,662,114 | 91.09% | 95,882,816 | 8.73% | 2,018,962 |
Following the passing of the Resolutions, an application has been made for the 83,333,333 Conditional Remuneration Shares, to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 8.00 a.m. on 27 March 2024.
Total Voting Rights
Following Admission, the total issued share capital of the Company will consist of 5,881,107,455 Ordinary Shares each with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company will be 5,881,107,455 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the announcement made by the Company at 4.35 p.m. on 4 March 2024.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: | 1. Harry Anagnostaras-Adams 2. John Leach | ||||
| 2. | Reason for the notification | |||||
| a) | Position/status: | 1. Executive Chairman 2. Finance Director | ||||
| b) | Initial notification/Amendment: | Initial notification | ||||
| a) | Name: | KEFI Gold and Copper plc | ||||
| b) | LEI: | GB00BD8GP619 | ||||
| a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of £0.001 each GB00BD8GP619 | ||||
| b) | Nature of the transaction: | Shares in lieu of cash | ||||
| c) | Price(s) and volume(s): |
.6p 33,333,333 2 0 .6p 16,666,667 | ||||
| d) | Aggregated information: Aggregated volume: Price: | Single transactions as in 4 c) above Price(s) Volume(s) 1 0 .6p 33,333,333 2 0 .6p 16,666,667 | ||||
| e) | Date of the transaction: | 26 March 2024 | ||||
| f) | Place of the transaction: | Outside a trading venue |
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