Result of General Meeting
Summary by AI BETAClose X
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Result of General Meeting
Capital Limited ("Capital" or the "Company") announces that, at the General Meeting held earlier today, the Resolutions set out in the Notice of General Meeting contained within the Circular published by the Company on 24 November 2025 were duly passed without amendment by a poll.
During today's General Meeting, Jamie Boyton (Executive Chair) gave a presentation followed by a Q&A session, for shareholders. The presentation can be found www.capdrill.com/investors/presentations.
The scrutineers of the poll were Computershare Investor Services PLC. The full text of each resolution is contained in the Notice of General Meeting, also available on the Company's website www.capdrill.com/investors/announcements. The number of votes received on each of the Resolutions is provided below.
|
No. |
Resolution |
For |
Against |
Total Votes |
Withheld |
|||
|
No. of votes |
% of votes cast |
No. of votes |
% of votes cast |
No. of votes |
% of Issued Share Capital1 |
No. of votes2 |
||
|
1 |
Directors' authority to allot and issue the Tranche 2 Placing Shares for the purposes of bye-law 6.1 of the Company's Bye-Laws. |
168,246,291 |
99.74% |
441,623 |
0.26% |
168,687,914 |
77.95% |
0 |
|
2 |
Directors' authority to allot and issue the Tranche 2 Placing Shares for cash other than on a pre-emptive basis for the purposes of Bye-law 6.3.3 |
168,102,441 |
99.65% |
585,473 |
0.35% |
168,687,914 |
77.95% |
0 |
|
No. |
Resolution |
For |
Against |
Total Votes |
Withheld |
|||
|
No. of votes |
% of votes cast |
No. of votes |
% of votes cast |
No. of votes |
% of Issued Share Capital1 |
No. of votes2 |
||
|
3 |
Directors' authority to allot and issue additional equity securities for cash other than on a pre-emptive basis for the purposes of Bye-law 6.3.3 |
168,186,867 |
99.70% |
501,047 |
0.30% |
168,687,914 |
77.95% |
0 |
1. The number of Common Shares in issue on 9 December 2025 was 216,394,478. Shareholders are entitled to one vote per Common Share.
2. A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.
3. Passed as a special resolution.
Accordingly, the 8,909,303 Tranche 2 Placing Shares have now been allotted and issued subject only to Admission of such Tranche 2 Placing Shares. Applications have been made to the Financial Conduct Authority (the "FCA") and London Stock Exchange plc (the "LSE") respectively for the Tranche 2 Placing Shares to be admitted to the Equity Shares (Commercial Companies) category of the Official List of the FCA and to trading on the main market for listed securities of the LSE (together, "Admission"). It is expected that Admission will become effective at 8.00 a.m. on 15 December 2025.
Total Voting Rights
Following Admission of the Tranche 2 Placing Shares, which is expected to occur on 15 December 2025, the Company's issued share capital will comprise 225,303,781 Common Shares of US$0.0001 each. The Company does not hold any Common Shares in treasury. Therefore, the total number of voting rights in the Company will, following such Admission, be 225,303,781. From such Admission, this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
Capitalised terms not otherwise defined in the text of this Announcement have the meanings given in the Company's announcement dated 24 November 2025.
A copy of the Resolutions passed at the General Meeting will be submitted to the National Storage Mechanism where it will shortly be available at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and will also be available on the Company's website at www.capdrill.com/investors.
- ENDS -
For further information, please visit Capital's website www.capdrill.com or contact:
Capital Limited investor@capdrill.com
Jamie Boyton, Executive Chair
Rick Robson, Chief Financial Officer
Conor Rowley, Commercial & Corporate Development
Ryan Tennis, Corporate Development & Investor Relations
Tamesis Partners LLP +44 20 3882 2868
Charlie Bendon
Richard Greenfield
Stifel Nicolaus Europe Limited +44 20 7710 7600
Ashton Clanfield
Varun Talwar
Rory Blundell
Panmure Liberum Limited +44 20 3100 2000
Scott Mathieson
John More
Freddie Wooding
FTI Consulting +44 20 3727 1000
Ben Brewerton capitallimited@fticonsulting.com
Nick Hennis
About Capital Limited
Capital Limited is a leading mining services company that provides a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry. The Company's services include
exploration, delineation and production drilling; load and haul services; maintenance; and geochemical analysis. The Group's corporate headquarters are in the United Kingdom and it has established operations in Canada, Côte d'Ivoire, Democratic Republic of Congo, Egypt, Gabon, Ghana, Guinea, Kenya, Mali, Mauritania, Pakistan, Saudi Arabia, Tanzania, United States of America and Zambia.
IMPORTANT NOTICES
This announcement is not for publication or distribution in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.
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