6 November 2019
Allied Minds plc
("Allied Minds" or the "Company")
Results of General Meeting
Further to the circular (the "Circular") posted by the Company on 17 October 2019, the Board of Allied Minds is pleased to announce that the resolutions proposed at the General Meeting of Shareholders seeking approval of: (i) the proposed disposal by the Company of its entire shareholding in the share capital of HawkEye 360, Inc. to Advance ("Disposal"); and (ii) the proposed reduction of the Company's share capital, held on 6 November 2019, were duly passed by shareholders. Full details of the poll result are set out below.
Words and phrases used, but not defined, in this announcement shall have the same meaning as in the Circular.
|
RESOLUTION |
*VOTES FOR |
%AGE |
VOTES AGAINST |
%AGE |
VOTES TOTAL |
**%AGE OF ISC VOTED |
***VOTES WITHHELD |
|
1. Approve the proposed Disposal |
157,438,646 |
90.29 |
16,936,165 |
9.71 |
174,374,811 |
72.26% |
3,498 |
|
2. Approve the proposed reduction of the Company's share capital |
174,349,813 |
99.99 |
18,398 |
0.01 |
174,368,211 |
72.26% |
10,098 |
Resolution 2 was passed as a special resolution.
Notes:
1. The votes of any proxy giving the Chairman discretion how to vote have been included in the votes For a resolution.
2. As at 6 November 2019 the total number of ordinary shares in issue and eligible to be voted on at the General Meeting was 241,312,031.
3. A vote withheld is not a vote in law and is not counted in the calculation of percentage of votes For or Against a resolution.
4. The full text of the resolutions may be found in the Notice of the General Meeting, copies of which are available on both the Company's website www.alliedminds.com and on the National Storage Mechanism.
5. In accordance with Listing Rule 9.6.2R, a copy of the resolutions will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM
About Allied Minds
Allied Minds plc is an IP commercialisation company focused on early stage company development within the technology and life science sectors. With origination relationships that span US federal laboratories, universities, and leading US corporations, Allied Minds historically created, and now operates and funds, a portfolio of companies to generate long-term value for its investors and stakeholders. Based in Boston, Allied Minds supports its businesses with capital, management, expertise and shared services. For more information, please visit www.alliedminds.com.
Contacts:
Allied Minds plc T: +1 617 419 1800
Michael Turner IR@alliedminds.com
Joseph Pignato
Instinctif T: +44 20 7457 2020
Adrian Duffield, Kay Larsen, Chantal Woodcock
Important notice
This announcement has been issued by and is the responsibility of Allied Minds plc.
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