Result of Meeting

RNS Number : 3398T

Sovereign Metals Limited

17 March 2023

 

SOVEREIGN METALS LIMITED

NEWS RELEASE I 17 MARCH 2023

RESULTS OF MEETING

A General Meeting (Meeting) of Sovereign Metals Limited (Company) (ASX:SVM, AIM:SVML) was held today, 17 March 2023, at 10.00am (AWST).

The resolution voted on was in accordance with the Notice of General Meeting previously advised to shareholders and depository interest holders. The resolution was decided on and carried by way of poll.

In accordance with Section 251AA of the Corporations Act 2001 and ASX Listing Rule 3.13.2, the details of the poll and proxies received in respect of the resolution is set out over page.

The indicative timetable regarding the Demerger is provided below.

Event	Indicative Date
Effective date of Distribution	20 March 2023
Repositioning of securities between the Australian share register and UK Depositary Interest register is suspended at the close of business	21 March 2023
Record Date	23 March 2023
Repositioning of securities between the Australian share register and UK Depositary Interest register recommences	24 March 2023
Date for Distribution to Shareholders (Distribution Date)	24 March 2023
Despatch of holding statements for NGX Shares transferred under the Distribution	27 March 2023

Note: The dates shown in the table above are indicative only and may vary subject to the Corporations Act, the Listing Rules, the AIM Rules and other applicable laws.

ENQUIRIES

Dylan Browne Company Secretary [phone] [e-mail]

Nominated Adviser on AIM
RFC Ambrian
Bhavesh Patel / Andrew Thomson	[phone]
Joint Brokers
Berenberg	[phone]
Matthew Armitt
Jennifer Lee
Optiva Securities	[phone]
Daniel Ingram
Mariela Jaho
Christian Dennis

Resolution	Number of Proxy Votes				Number and Percentage of Votes cast on the Poll			Voting Method and Result
	For	Against	Abstain	Proxy's Discretion	For	Against	Abstain
1.  Approval of Demerger	51,981,046	3,689	8,838	2,832,220	56,747,266 (99.99%)	3,689 (0.01%)	8,838	Carried on vote by poll

 

END

 

 

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