Result of General Meeting
Shearwater Group PLC announced that at its General Meeting, shareholders approved two special resolutions. These resolutions, subject to High Court confirmation, will cancel the company's existing deferred shares and extinguish its share premium account. Following the capital reduction becoming effective, the company's articles of association will be amended to remove provisions related to the deferred shares.
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Shearwater Group plc, the cybersecurity, advisory and managed security services group, announces that at the General Meeting (the "GM") held earlier today, the two special resolutions put to shareholders were passed by way of a poll.
Resolution 1 will, subject to confirmation by the High Court of Justice in England and Wales (the “Court”), cancel and extinguish the Company’s existing deferred shares and cancel the Company’s share premium account. Resolution 2 will, subject to and with effect from the capital reduction becoming effective, amend the Company’s articles of association to remove the provisions which relate specifically to the deferred shares.
The full voting results of the GM are available on the Company's website: https://www.shearwatergroup.com/investors/circulars-documents/
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.