13 June 2024
Panther Metals
plc
("Panther Metals" or
"Company")
(Incorporated and registered
in Isle of Man with company number 009753V)
Results of Annual General
Meeting and new ISIN
The board of directors of Panther
Metals plc (LSE: PALM) is pleased to announce that at the Annual
General Meeting ("AGM") of
the Company held earlier today all resolutions were duly
passed.
The result of the poll, including
the proxy voting, is as follows:
|
Resolution
|
Votes for
|
%
|
Discretion Voted Holding
|
Votes Against
|
Votes withheld
|
|
Ordinary
Resolution
Resolution 1
To approve the 2023 Annual Report of
the Company
|
13,107,766
|
99.44
|
0
|
74,471
|
0
|
|
Ordinary
Resolution
Resolution 2
To approve the Directors'
Remuneration Report
|
13,055,228
|
99.08
|
0
|
121,739
|
5,270
|
|
Ordinary
Resolution
Resolution 3
To re-appoint Darren Hazelwood as a director of the
Company
|
13,078,232
|
99.27
|
0
|
96,735
|
7,270
|
|
Ordinary
Resolution
Resolution 4
To re-appoint Katherine O'Reilly as a director of
the Company
|
13,078,232
|
99.27
|
0
|
96,735
|
7,270
|
|
Ordinary
Resolution
Resolution 5
To re-appoint Simon Rothschild as a director of the
Company
|
13,078,232
|
99.27
|
0
|
96,735
|
7,270
|
|
Ordinary
Resolution
Resolution 6
To re-appoint Nicholas O'Reilly as a director of the
Company
|
13,078,232
|
99.27
|
0
|
96,735
|
7,270
|
|
Ordinary
Resolution
Resolution 7
To re-appoint Tracy Weslosky as a director of the
Company
|
13,078,232
|
99.27
|
0
|
96,735
|
7,270
|
|
Ordinary
Resolution
Resolution 8
To re-appoint Keelings Limited as the auditor of the
Company
|
13,093,502
|
99.34
|
0
|
86,735
|
2,000
|
|
Ordinary
Resolution
Resolution 9
To approve the share
consolidation ("Share Consolidation")
|
8,483,610
|
64.36
|
0
|
4,698,627
|
0
|
|
Ordinary
Resolution
Resolution 10
To approve authority to allot shares
of the Company
|
8,981,991
|
98.66
|
0
|
121,739
|
4,078,507
|
|
Special
Resolution
Resolution 11
To approve the disapplication of
pre-emption rights
|
8,981,991
|
98.90
|
0
|
100,354
|
4,099,892
|
The resolutions were all passed on a
poll, with votes cast in accordance with proxy voting instructions
submitted to the Company by the relevant deadline, together with
those cast at the AGM itself, and will be available on the National
Storage Mechanism, https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The result of poll and proxy voting
will also be available on the Company's website,
https://www.panthermetals.co.uk/.
Share Consolidation
At the meeting, inter alia, a resolution was passed
which approved the consolidation of 92,822,307 existing ordinary shares ("Existing Ordinary Shares")
of no par value on a 25 into 1 basis, such that
every 100 Existing Ordinary Shares are consolidated into 4 ordinary
shares. As a result of the approval of the Share Consolidation, the
Company will have 3,712,309 new Ordinary Shares in issue
("New Ordinary Shares").
Admission in respect of such New Ordinary Shares to the standard
segment of the Official List of the FCA and to trading on the Main
Market for listed securities of the London Stock Exchange will
become effective and dealings in those New Ordinary Shares will
commence on 14 June 2024. As a result of the Share Consolidation,
the ISIN of the New Ordinary Shares will change from
IM00BKDM2T52 to
IM00BRF2WV49.
The above figure of 3,712,892 should
be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
share capital of the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency
Rules.
Enquiries:
|
Panther Metals plc
Darren Hazelwood, Chief Executive
Officer
Mitchell Smith, Chief Operating
Officer
|
Tel: +44 (0)1462 429 743
Tel: +1 (604) 209 6678
|
|
SI
Capital Limited (Broker)
|
|
|
Nick Emerson
|
Tel: +44 (0)1438 416 500
|
