Company Announcements

Approval of resolutions at AGM

Source: RNS
RNS Number : 0278Q
Mirriad Advertising PLC
16 June 2020
 

Mirriad Advertising plc

 

16 JUNE 2020

 

 

Mirriad Advertising plc

("Mirriad", the "Company" or the "Group")

 

Approval of resolutions at AGM

 

Mirriad Advertising plc ('Mirriad'), the computer vision and AI platform company, announces that, on 15 June 2020, it held its annual general meeting of shareholders (the "Meeting"). During the business proceedings at the Meeting, Mirriad shareholders passed all resolutions as follows:

 

 


VOTES FOR

%

VOTES AGAINST

%

VOTES TOTAL (EX VOTES WITHHELD)

% of ISC VOTED

VOTES WITHELD

Resolution 1 - Receive Report and Accounts

134,171,457

100.00

0

0.00

134,171,457

62.96

0

Resolution 2 - Approve Remuneration Report

134,171,173

100.00

284

0.00

134,171,457

62.96

0

Resolution 3 - Re-appoint auditor

134,171,457

100.00

0

0.00

134,171,457

62.96

0

Resolution 4 - Remuneration of auditor

134,171,457

100.00

0

0.00

134,171,457

62.96

0

Resolution 5 - Elect Robert Head

134,071,457

99.93

100,000

0.07

134,171,457

62.96

0

Resolution 6 - Re-elect Mark Reilly

134,071,457

99.93

100,000

0.07

134,171,457

62.96

0

Resolution 7 - Re-elect Alistair Kilgour

134,071,457

99.93

100,000

0.07

134,171,457

62.96

0

Resolution 8 - Authority to allot shares

134,124,163

99.96

47,010

0.04

134,171,173

62.96

284

Resolution 9 - Allot equity securities

134,124,163

99.96

47,010

0.04

134,171,173

62.96

284

Notes:

1.     All resolutions were passed.

2.     Votes "For" and "Against" are expressed as a percentage of votes received.

3.     A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" and Against" a resolution.

4.     Computershare acted as scrutineer of the poll on all resolutions.

 

John Pearson, Chairman of Mirriad, said: "I'm pleased to say Mirriad's performance is tracking the forecasts we made earlier this year. In particular, campaign activity in China is picking up as predicted, with 15 new campaigns running from over 10 different advertisers. 

 

"Momentum in Europe is also starting to build again, with new content from our partners being pushed into all markets. In the US, the focus on scale and increased adoption is driving progress and we are confident that, despite the planned-for Covid-19 delays, we will be able to communicate positive news in the second half of the year."

 

 

ENDS

 

 

For further information please visit www.mirriad.com or contact:

 

Mirriad Advertising plc

Stephan Beringer, Chief Executive Officer

David Dorans, Chief Financial Officer

 

Tel: +44 (0)207 884 2530 

Nominated Adviser & Broker:

Canaccord Genuity Limited

Simon Bridges

Thomas Diehl

 

Tel: +44 (0)20 7523 8000

 

Financial Communications:

Charlotte Street Partners   

Tom Gillingham

Andrew Wilson

                                               

 

 

Tel: +44 (0) 7741 659021

Tel: +44 (0) 7810 636995

 

 

Notes to Editors

 

About Mirriad

 

Mirriad's award-winning solution unleashes new revenue for content producers and distributors by creating new advertising inventory in content. Our patented, AI and computer vision technology dynamically inserts products and innovative signage formats after content is produced. Mirriad's market-first solution seamlessly integrates with existing subscription and advertising models, and dramatically improves the viewer experience by limiting commercial interruptions.

 

Mirriad currently operates in the US, Europe and China.

 

 


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