Result of AGM

Kefi Gold and Copper PLC

30 June 2026

 

30 June 2026

KEFI Gold and Copper plc

("KEFI" or the "Company")

Result of AGM and Total Voting Rights

KEFI (AIM: KEFI), the gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia, announces that at today's Annual General Meeting ("AGM") of the Company all resolutions were duly passed.

The proxy votes were cast as follows:

RESOLUTIONS	Votes For	% For	Vote Against	% Against	*Votes Withheld
ORDINARY
1. Receive and adopt financial statements	2,718,936,207	57.7%	1,996,734,143	42.3%	20,275,162
2. Re-appoint Harry Anagnostaras-Adams as a director	4,145,442,585	88.4%	544,719,003	11.6%	45,783,924
3. Reappoint John Leach as a director	4,293,351,256	91.6%	394,281,382	8.4%	48,312,874
4. Reappoint Addis Alemayehou as a director	4,387,012,739	93.6%	302,283,486	6.4%	46,649,287
5. Reappoint Alistair Clark as a director	4,336,350,067	92.5%	350,454,326	7.5%	49,141,119
6. Re-appoint BDO LLP as auditors	4,383,655,897	93.0%	328,288,457	7.0%	24,001,158
7. Authorise remuneration of auditors	4,359,387,083	92.5%	354,735,897	7.5%	21,822,532
8. Authorise share allotment (s551)	4,226,647,581	89.8%	481,044,651	10.2%	28,253,280
9. Amendment to borrowing limits	4,289,822,717	91.1%	420,008,184	8.9%	26,114,611
SPECIAL
10. Authorise share allotment disapplying pre-emption rights (s570)	4,032,530,885	88.7%	511,783,439	11.3%	191,631,188

* Votes withheld are not a vote in law and were not included in the calculations for the "for" and "against" percentages

The resolutions are set out in full in the Notice of AGM available on the Company's website: https://www.kefi-goldandcopper.com

The total votes received equated to approximately 34.4% of the Company's total voting rights.

Whilst Resolution 1 was passed with the necessary majority, the directors of the Company (the "Board") note the voting in relation to this resolution. The Board understands this followed a recommendation by ISS, a prominent proxy advisory service, to vote against Resolution 1, which was issued without consultation with, or notice to, the Company. The Board is committed to continued dialogue with its shareholders and will solicit their views, as far as possible, as part of the ongoing and wide-ranging review of the Company's corporate governance and structure as it progresses, including as part of the proposed listing on the Main Market of the London Stock Exchange. The Company looks forward to updating shareholders on these matters in due course.

A short presentation given at the AGM covering certain governance and other corporate matters will shortly be available on the Company's website: https://www.kefi-goldandcopper.com

Total Voting Rights

The Company confirms that that the total issued share capital of the Company consists of 13,772,018,660 ordinary shares of 0.1 pence each ("Ordinary Shares") with voting rights.

The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 13,772,018,660 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries

KEFI Gold and Copper plc
Harry Anagnostaras-Adams (Executive Chairman)	[phone]
John Leach (Finance Director)
SP Angel Corporate Finance LLP (Nominated Adviser)	[phone]
Caroline Rowe / Adam Cowl
Stifel Nicolaus Europe Limited (Financial Adviser and Joint Broker) Ashton Clanfield / Varun Talwar	[phone]
Tavira Financial Limited (Joint Broker)	[phone]
Oliver Stansfield / Jonathan Evans
IFC Advisory Ltd (Financial PR and IR)	[phone]
Tim Metcalfe / Florence Staton

Further information can be viewed at https://www.kefi-goldandcopper.com

 

END