Result of General Meeting
General Meeting resolutions passed with shareholder approval for transaction and board reappointments.
Select text to share a quote on X · sign in to keep highlights & notes in your SATS notes
Satsuma Technology PLC (LSE: SATS), a public company pioneering the convergence of decentralised AI and Bitcoin treasury management announces that at its General Meeting held earlier today, all resolutions put to Shareholders were duly passed on a show of hands.
While the vote was passed on a show of hands, the Company notes and appreciates the strong support of the Company's shareholders reflected in the proxy votes, which were as follows:
| Resolution | For | Against | Total Votes Cast (excl. Votes Withheld) | Votes Withheld | |||
|---|---|---|---|---|---|---|---|
| Votes | % Votes Cast | Votes | % Votes Cast | ||||
| 1 | Authority to allot shares in connection with the Transaction | 320,069,912 | 100.00 | 8,829 | 0.00 | 320,078,741 | 0 |
| 2 | Disapplication of pre-emption rights in respect of the Transaction | 320,069,912 | 100.00 | 8,829 | 0.00 | 320,078,741 | 0 |
| 3 | General authority to allot shares | 320,069,912 | 100.00 | 8,829 | 0.00 | 320,078,741 | 0 |
| 4 | General disapplication of pre-emption rights | 320,069,912 | 100.00 | 8,829 | 0.00 | 320,078,741 | 0 |
| 5 | To reappoint Henry Elder | 320,069,912 | 100.00 | 8,829 | 0.00 | 320,078,741 | 0 |
| 6 | To reappoint Jonathan Jachym | 320,069,912 | 100.00 | 8,829 | 0.00 | 320,078,741 | 0 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.