Result of General Meeting
Technology Minerals Plc announced that all resolutions were passed at its General Meeting, including an increase in share authority to £12,268,409, a subdivision of existing ordinary shares, a change in the company name to Mantle Resilience Plc, and the disapplication of pre-emption rights. The company's name change to Mantle Resilience Plc is pending registration at Companies House, after which trading will commence under the new name.
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Technology Minerals Plc (LSE: MNTL), the UK-listed company focused on building national resource and manufacturing resilience which trades as Mantle, is pleased to announce that at the General Meeting (“GM”) of the Company held earlier today, all resolutions were duly passed.
Shareholders approved:
increase in share authority to £12,268,409 (representing approximately 158% of the Existing Ordinary Share Capital);
the subdivision of each of the 3,144,394,215 ordinary shares into deferred shares of no economic value and change in Articles of Association;
change in the Company name to Mantle Resilience Plc; and
the disapplication of pre-emption rights in respect of the same aggregate nominal amount.
Details of the proxy voting results, which should be read alongside the Notice of GM, are below:
| Votes for | % | Votes Against | % | Total votes cast (excluding withheld) | Issued share capital voted* | Votes withheld ** | |
|---|---|---|---|---|---|---|---|
| Resolution 1: Share authority | 2,706,583,261 | 99.41% | 15,964,743 | 0.59% | 2,722,548,004 | 20.66% | 2,216,030 |
| Resolution 2: Redesignate shares, new Articles*** | 2,709,030,999 | 99.49% | 13,868,753 | 0.51% | 2,722,899,752 | 20.66% | 1,864,282 |
| Resolution 3: Name change*** | 2,714,954,992 | 99.71% | 7,939,271 | 0.29% | 2,722,894,263 | 20.66% | 1,869,771 |
| Resolution 4: Pre emption rights*** | 2,699,174,404 | 99.14% | 23,406,156 | 0.86% | 2,722,580,560 | 20.66% | 2,183,474 |
* Includes discretionary votes
** Excludes withheld votes
*** Special Resolution
Change of Name to Mantle Resilience Plc
Application to change the Company's name to “Mantle Resilience Plc" has been made at Company’s House and following registration trading will become effective on the Main Market of the London Stock Exchange under the name Mantle Resilience Plc. The Company will make a further announcement following the completion of the change of name.
The Company's ISIN (GB00BWYF7709), SEDOL (BWYF770), LEI (2138001U1U2XY5UYA479) and company number (13446965) remain unchanged. Existing share certificates remain valid and should be retained.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.