Result of Annual General Meeting

RNS Number : 2301R
Sportech PLC
26 June 2020
 

For immediate release

26 June 2020

 

 

SPORTECH PLC

('Sportech' or the 'Company')

 

Result of Annual General Meeting

 

Sportech, an international betting technology business, announces that at the Company's Annual General Meeting held earlier today, all resolutions put to shareholders were duly passed.  The results of the proxy voting position received in advance of the meeting are reported below:

 

Resolution

For

Against

Withheld

Total votes cast

 

 

No. of votes

%

No. of votes

%

 

 

1.  Ordinary Resolution - to receive and adopt the Annual Report and Accounts

 

111,273,567

100.00

-

-

2,000

111,275,567

2.  Ordinary Resolution - to receive and approve the Directors' Remuneration Report

 

91,253,851

93.09

6,772,603

6.91

13,249,113

98,026,454

3.  Ordinary Resolution - to re-elect Richard McGuire as a Director

 

111,273,567

99.99

2,000

0.01

-

111,275,567

4.  Ordinary Resolution - to re-elect Giles Vardey as a Director

 

87,704,243

86.25

13,979,610

13.75

9,591,714

101,683,853

5.  Ordinary Resolution - to re-elect Thomas Hearne as a Director

 

111,273,567

99.99

2,000

0.01

-

111,275,567

6.  Ordinary Resolution - to re-elect Christian Rigg as a Director

 

111,243,955

99.97

31,612

0.03

-

111,275,567

7.  Ordinary Resolution - to elect Ben Warn as a Director

 

111,273,567

99.99

2,000

0.01

-

111,275,567

8.  Ordinary Resolution - to re-appoint BDO LLP as auditors

 

111,273,567

100.00

-

-

2,000

111,273,567

9.  -Ordinary Resolution - to authorise the Directors to determine the auditor's fees

 

111,273,567

100.00

-

-

2,000

111,273,567

10.  Ordinary Resolution - to authorise the Company to make political donations

 

111,273,567

99.99

2,000

0.01

-

111,275,567

11.  Ordinary Resolution - To authorise the Directors to allot shares

 

111,273,567

99.99

2,000

0.01

-

111,275,567

12.  Special Resolution - To authorise the Directors to disapply pre-emption rights (general authority)

 

111,273,567

99.99

2,000

0.01

-

111,275,567

13.  Special Resolution - To disapply pre-emption rights (specific capital investment)

 

111,273,567

99.99

2,000

0.01

-

111,275,567

14.  Special Resolution - To authorise the Directors to make market purchases of the Company's own Ordinary shares.

 

111,273,567

99.99

2,000

0.01

-

111,275,567

 

 

15.  Special Resolution - To authorise calling of a general meeting other than annual general meetings on 14 clear days' notice.

 

111,273,567

99.99

2,000

0.01

-

111,275,567

Notes:

A vote withheld is not a vote in law and is not counted in the calculation of the percentage of the votes validly cast for or against a resolution.

 

All resolutions put to the meeting were carried.

 

As at the time of the meeting, the Company had 188,751,257 ordinary shares of 0.20 pence each in issue and as such this has been used to calculate the percentage of votes in favour or against each resolution. Each of these shares carry one vote.  The Company held no shares in treasury.

 

Notice of resolutions passed

Copies of the resolutions passed as special resolutions at the AGM will shortly be available for inspection at the National Storage Mechanism, which is located at: http://www.morningstar.co.uk/uk/nsm.  Appropriate filings will also be made at Companies House in due course.

 

Publication on website

A copy of this announcement is also available on the Group's website at www.sportechplc.com.

 

- Ends -

 

Contacts:

 

Sportech PLC

Tel: +44 117 902 9000

Richard McGuire, Chief Executive Officer

 

 

 

 

 

Peel Hunt

Tel: +44 (0) 20 7418 8900

(Corporate Broker to Sportech)

George Sellar / Andrew Clark / Will Bell

 

 

 

Buchanan

Tel: +44 (0) 20 7466 5000

(Financial PR adviser to Sportech)

Henry Harrison-Topham / Mark Court / Jamie Hooper

sportech@buchanan.uk.com

 

 

 

Notes to Editors:

 

About Sportech

Sportech PLC, an international betting technology business, delivers solutions and services for some of the world's best-known gaming companies, sports teams, racetracks, casinos and lottery clients as well as owning and operating its own gaming venues in Connecticut under exclusive licences.

 

The Group focuses on highly regulated markets worldwide. It has more than 29,000 betting terminals deployed to over 400 clients in 38 countries. Its global systems process US$12.3 billion in betting handle annually. In the US, it operates across 36 states. The Group has invested over US$60 million in the last five years in the successful expansion of its US gaming Venues, the diversification into raffle and lottery gaming platforms, and in developing its technology services, resulting in its proprietary Quantum™ System being the most widely deployed pari-mutuel betting system globally.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
RAGFIFFARDIRFII

Companies

Sportech (SPO)
UK 100

Latest directors dealings