Results of Annual General Meeting

Source: RNS
RNS Number : 7484J
Capital Limited
28 April 2022
 

For Immediate Release

28 April 2022

 

 

 

Capital Limited

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

 

Results of Annual General Meeting

 

The Board of Directors of Capital Limited announces that all resolutions put to shareholders at today's Annual General Meeting ("AGM") were duly passed.

 

The Company's issued share capital eligible to be voted at the AGM was 190,891,187 shares and 68.2% of the Company's issued share capital was voted at the AGM.

 

During today's AGM, Executive Chairman Jamie Boyton gave a presentation followed by a Q&A session for shareholders. The presentation can be found here (https://www.capdrill.com/investors/announcements).

 

The details of the proxy votes lodged are set out below:

 

RESOLUTION NUMBER

FOR

%

AGAINST

%

WITHHELD

TOTAL

1

130,022,803

100.00

-

-

193,063

130,215,866

 2*

104,952,236

81.55

23,743,630

18.45

1,520,000

130,215,866

3

99,153,585

88.44

12,954,347

11.56

18,107,934

130,215,866

4

120,227,741

96.48

4,387,092

3.52

5,601,033

130,215,866

5

127,406,290

97.86

2,789,576

2.14

20,000

130,215,866

6

119,733,567

97.37

3,234,755

2.63

7,247,544

130,215,866

7

130,095,497

99.93

95,309

0.07

25,060

130,215,866

8

130,171,201

100.00

-

-

44,665

130,215,866

9

104,622,514

98.58

1,511,490

1.42

24,081,862

130,215,866

10

130,145,166

99.96

50,000

0.04

20,700

130,215,866

11

128,637,280

99.95

58,586

0.05

1,520,000

130,215,866

12

128,695,166

100.00

-

-

1,520,700

130,215,866

13

130,166,610

100.00

-

-

49,256

130,215,866

 

*The Board notes that 18.45% of votes cast were against the Remuneration Report.  The Remuneration Committee consulted with its major shareholders in respect of the changes made to remuneration in early 2022. The package of changes is aimed at ensuring that the Executive Directors' remuneration arrangements effectively serve the best interests of the Company and its shareholders.  The Board will continue to engage with shareholders and continue to take account of shareholder views in taking decisions on executive remuneration.

 

A copy of the results of the AGM, along with a copy of resolutions passed other than those concerning ordinary business at the AGM, have been submitted to the Financial Services Authority's National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

- ENDS -

For further information, please visit Capital's website www.capdrill.com or contact:

 

Capital Limited                                                                       

Jamie Boyton, Executive Chairman                                      

Giles Everist, Chief Financial Officer

Conor Rowley, Investor Relations & Corporate Development Manager

 

+230 464 3250

investor@capdrill.com

Berenberg                                                                               

Matthew Armitt

Jennifer Wyllie

Detlir Elezi

+44 20 3207 7800

 

Tamesis Partners LLP

Charlie Bendon

Richard Greenfield

 

+44 20 3882 2868

Stifel Nicolaus Europe Limited

Ashton Clanfield

Callum Stewart

Rory Blundell

 

+44 20 7710 7600

Buchanan

Bobby Morse

James Husband

+44 20 7466 5000

capital@buchanan.uk.com

 

About Capital Limited

Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance, and geochemical laboratory solutions to customers within the global minerals industry, focusing on the African markets. The Company's services include: exploration, delineation and production drilling; load and haul services; mining equipment hire and maintenance; and geochemical analysis. The Group's corporate headquarters are in Mauritius and it has established operations in Burkina Faso, Côte d'Ivoire, Egypt, Guinea, Kenya, Mali, Mauritania, Nigeria, Saudi Arabia and Tanzania.

 

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