Ormonde AGM

RNS Number : 5010H

Ormonde Mining PLC

03 December 2020

 

3 December 2020

Ormonde Mining plc

("Or m onde" or "the Company")

Ormonde AGM

The Board of Ormonde announces the results of voting on Resolutions 1 to 5, proposed to shareholders at the Company's Annual General Meeting held in Clonee, Ireland today.

Following voting on Resolutions 1 to 5, the meeting was adjourned for two weeks, to 11 a.m. on Thursday 17 December 2020, ahead of considering Resolutions 6 to 8, so as to facilitate the Company to enter into discussions with its largest shareholder in relation to these resolutions as they pertain to the potential transaction which is at an advanced stage and on which the Company is in an exclusivity arrangement, as announced on 16 September 2020.  There can be no certainty that this transaction will be concluded.

Each of Resolutions 1 to 5 was decided by way of a separate poll. The results of the vote on each Resolution is detailed in the table below. Details of the Resolutions are contained in the Notice of AGM, a copy of which is available at the web address http://ormondemining.com/investors/investor-notices/ .

		VOTES FOR	%	VOTES AGAINST	%	VOTES TOTAL	% of ISSUED SHARE CAPITAL VOTED
	RESOLUTION
1	To receive and consider the accounts for the year ended 31 December 2019	123,395,335	100.00	0	0.00	123,395,335	26.12%
2	Election of Timothy Livesey as a Director	123,228,835	100.00	0	0.00	123,228,835	26.08%
3	Election of Richard Brown as a Director	123,228,835	100.00	0	0.00	123,228,835	26.08%
4	Election of Brian Timmons as a Director	123,228,835	100.00	0	0.00	123,228,835	26.08%
5	Remuneration of Auditors	123,228,835	100.00	0	0.00	123,228,835	26.08%

Reconvened AGM Details

The AGM will reconvene at 11 a.m. on Thursday, 17 December 2020, at Bracetown Business Park, Clonee, Co. Meath, Ireland, in the same restricted manner as applied to the adjourned AGM and as announced on 10 November 2020.

Again, due to COVID-19 related restrictions, the Company will not be in a position to facilitate physical attendance at the meeting, however shareholders may listen live to the business of the meeting through a teleconference facility, dialling-in using one of the following numbers and the pin code, at the time of the meeting:

· Ireland:  [phone]

· UK:  [phone]

Pin Code:  665430

Enquiries to:

Ormonde Mining plc

Jonathan Henry, Executive Chairman

Paul Carroll, Chief Financial Officer

Fraser Gardiner, Chief Operating Officer

Tel: [phone]

Davy (Nomad, Euronext Growth Advisor and Joint Broker)

John Frain / Barry Murphy

Tel: [phone]

SP Angel Corporate Finance LLP (Joint Broker)

Ewan Leggat

Tel: [phone]

 

END

 

 

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