Result of Extraordinary General Meeting
Summary by AI BETAClose X
06 February 2026
B HODL Plc
("B HODL" or the "Company")
Result of Extraordinary General Meeting
B HODL PLC (AQSE: HODL | OTCQB: HODLF | FRA: F5S) (the "Company" or "B HODL"), the first British company founded for Bitcoin accumulation and revenue generation from the Bitcoin in its treasury, announces that at the Extraordinary General Meeting ("EGM") held earlier today, both resolution were duly passes on a poll.
Each resolution was proposed as a 75% Resolution in accordance with the Company's Articles of Association.
Voting Results
The votes cast in respect of each resolution were as follows:
|
Resolution |
Votes For |
% |
Votes Against |
% |
Votes Withheld* |
Total Votes |
|
1. Authority to make market purchases of Ordinary Shares |
37,131,834 |
99.99% |
1000 |
0.00% |
3,571 |
37,132,834 |
|
2. Adoption of amended Articles of Association |
37,131,834 |
100.00% |
0 |
0.00% |
4,571 |
37,131,834 |
* A vote withheld is not a vote in law and is not counted in the calculation of the percentage of votes cast "For" or "Against" any resolution.
Outcome of the Resolutions
Accordingly:
a) The Company now has authority to make market purchases of up to 10 per cent of its issued ordinary share capital, within defined price parameters and in accordance with the Isle of Man Companies Act 2006.
b) The amended Articles of Association were adopted with immediate effect.
The Share Buy-Back Authority will expire at the conclusion of the Company's next Annual General Meeting or 15 months from the date of the EGM, whichever is earlier.
The Board notes the strong level of shareholder support and believes that these approvals provide the Company with enhanced flexibility to execute its disciplined capital allocation framework, particularly where the Company's shares trade at a discount to the underlying Bitcoin value attributable to each share.
A copy of the Notice of Extraordinary General Meeting and the amended Articles of Association are available on the Company's website.
The Directors of the Company accept responsibility for the contents of this announcement.
For further information, please contact:
|
B HODL |
comms@bhodl.com |
|
Freddie New, Chief Executive |
|
|
Danny Scott, Chief Bitcoin Officer |
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Canaccord Genuity (Broker) |
+44 (0)20 7523 8000 |
|
Stuart Andrews |
|
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George Grainger |
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AlbR Capital Limited (Joint Broker) |
+44 (0)20 7399 9400 |
|
Jon Belliss |
jb@albrcapital.com |
|
Colin Rowbury |
cr@albrcapital.com |
|
Gavin Burnell |
gb@albrcapital.com |
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First Sentinel (AQSE Corporate Adviser) |
+44 (0)20 3855 5551 |
|
Paul Shackleton |
paul.shackleton@first-sentinel.com |
|
Beatriz Iribarren |
beatriz.iribarren@first-sentinel.com |
|
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About B HODL:
B HODL is the first UK-listed company founded for Bitcoin accumulation and revenue generation. The Company operates a treasury-led strategy, deploying its Bitcoin holdings to power the Lightning Network and generate sustainable revenues from routing fees and liquidity provision. With a world-class team and a Bitcoin-only focus, B HODL aims to become the leading British Bitcoin company, giving investors transparent exposure to the growth of Bitcoin as both a strategic asset and a global financial standard.
Important Notice
The Company intends to hold treasury reserves and surplus cash in Bitcoin. This is a type of cryptocurrency or cryptoassets. Whilst the Board of Directors of the Company considers holding cryptocurrencies to be in the best interests of the Company, the Board remains aware that the financial regulator in the UK (the Financial Conduct Authority or FCA) considers investment in cryptocurrencies to be high risk. At the outset, it is important to note that an investment in the Company is not an investment in cryptocurrencies, either directly or by proxy and shareholders will have no direct access to the Company's holdings. However, the Board of Directors consider cryptocurrencies to be an appropriate store of value and potential growth and therefore appropriate for the Company's reserves. Accordingly, the Company is and intends to continue to be materially exposed to cryptocurrencies. Such an approach is innovative, and the Board of Directors wish to be clear and transparent with prospective and actual investors in the Company on the Company's position in this regard.
The Company is neither authorised nor regulated by the FCA, and the purchase of certain cryptocurrencies are generally unregulated in the UK. As with most other investments, the value of cryptocurrencies can go down as well as up, and therefore the value of the Company's cryptocurrencies holdings can fluctuate. The Company may not be able to realise its cryptocurrencies holdings for the same as it paid to acquire them or even for the value the Company currently ascribes to its cryptocurrencies positions due to market movements. Neither the Company nor investors in the Company's shares are protected by the UK's Financial Ombudsman Service or the Financial Services Compensation Scheme.
Nevertheless, the Board has taken the decision to invest in cryptocurrencies, and in doing so is mindful of the special risks cryptocurrencies present to the Company's financial position. These risks include (but are not limited to): (i) the value of cryptocurrencies can be highly volatile, with value dropping as quickly as it can rise. Investors in cryptocurrencies must be prepared to lose all money invested in cryptocurrencies; (ii) the cryptocurrencies market is largely unregulated. There is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to sell its cryptocurrencies at will. The ability to sell cryptocurrencies depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay; and (iv) cryptoassets are characterised in some quarters by high degrees of fraud, money laundering and financial crime. In addition, there is a perception in some quarters that cyber-attacks are prominent which can lead to theft of holdings or ransom demands. Prospective investors in the Company are encouraged to do your own research before investing.
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