Result of EGM and Board changes
MTI Wireless Edge Ltd announced the successful passing of all resolutions at its extraordinary general meeting. For resolutions 1 and 2, 32,299,822 votes were cast in favor, representing 98.33%, while 548,700 votes were against, constituting 1.67%, with a total of 32,848,522 votes. Resolution 3 saw 32,285,308 votes for (98.29%) and 563,214 against (1.71%), totaling 32,848,522 votes. Resolution 4 received 32,826,531 votes for (99.93%) and 21,991 against (0.07%), totaling 32,848,522 votes. Resolution 5 had 32,278,708 votes for (98.29%) and 563,214 against (1.71%), with a total of 32,841,922 votes. Following the resolutions, Mrs. Amalia Borovitz Bryl has been appointed as a director and Chair of the board, and Mr. David Yariv has been appointed as Vice Chairman, effective August 20, 2025.
Select text to share a quote on X · sign in to keep highlights & notes in your MWE notes
MTI Wireless Edge Ltd. (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that all resolutions put to shareholders at the extraordinary general meeting of the Company held earlier today have been passed.
The proxy votes received from shareholders on each resolution are set out below.
| Resolutions | Votes for | % | Votes against | % | Votes total | Votes withheld |
|---|---|---|---|---|---|---|
| Resolution 1 | 32,299,822 | 98.33% | 548,700 | 1.67% | 32,848,522 | 16,975 |
| Resolution 2 | 32,299,822 | 98.33% | 548,700 | 1.67% | 32,848,522 | 16,975 |
| Resolution 3 | 32,285,308 | 98.29% | 563,214 | 1.71% | 32,848,522 | 16,975 |
| Resolution 4 | 32,826,531 | 99.93% | 21,991 | 0.07% | 32,848,522 | 16,975 |
| Resolution 5 | 32,278,708 | 98.29% | 563,214 | 1.71% | 32,841,922 | 23,575 |
Votes "For" include votes giving the Chairman discretion.
Board changes
Further to the Company's announcement on 22 August 2025, following the passing of the resolutions, Mrs. Amalia Borovitz Bryl has been appointed as a director of the Company and as the Chair of the board of directors (the "Board") of the Company and Mr. David Yariv has been appointed as Vice Chairman of the Board, both with immediate effect, with their service agreements being effective from 20 August 2025.
Nick Naylor/Alex Brearley/Piers Shimwell (Corporate Finance) Guy McDougall/Amrit Nahal (Sales and Corporate Broking)
| Shore Capital (Joint Broker) Toby Gibbs/George Payne (Corporate Advisory) Fiona Conroy (Corporate Broking) | +44 20 7408 4090 |
| Novella (Financial PR) | |
| Tim Robertson/Safia Colebrook | +44 20 3151 7008 |
About MTI Wireless Edge Ltd. ("MTI")
Antenna division
Water Control & Management division
Distribution & Professional Consulting Services division
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.