Result of General Meeting

Samarkand Group PLC

02 May 2025

 

2 May 2025

Samarkand Group plc

("Samarkand", the "Company" or together with its subsidiaries the "Group")

Result of General Meeting

Samarkand Group plc, (AQSE: SMK), the cross-border eCommerce technology solution provider, announces that all resolutions were duly passed at the Company's General Meeting held on 2 May 2025. The last day of trading in Ordinary Shares on AQSE Growth Market will be 6 May 2025 and the withdrawal will take effect at 7.00 a.m. on 7 May 2025. Trading under the Matched Bargain Facility to be provided by JP Jenkins will commence at 8.00a.m. on 7 May 2025.

Details of the voting results, which should be read alongside the Notice of General Meeting, are below:

Resolution	Votes for		Votes against		Votes withheld	Total votes
	No. of votes	% of votes cast	No. of votes	% of votes cast	No. of votes
SPECIAL RESOLUTION
1)    Withdrawal of the Company's Ordinary Shares from trading on the AQSE Growth Market	45,798,514	87.55	6,513,106	12.45	0	52,311,620
ORDINARY RESOLUTION
2)    The directors of the Company be authorised to take all actions reasonable or necessary to effect such withdrawal	22,238,213	77.35	6,513,106	22.65	0	28,751,319
SPECIAL RESOLUTION
3)    The Company be re-registered as a private limited and adopt new articles of association	45,763,314	87.54	6,513,106	12.46	0	52,276,420

As at the date of the General Meeting, the issued share capital of the Company comprised 58,358,201 ordinary shares of £0.01 each ("Ordinary Shares") with no shares held in treasury. In accordance with the Company's Articles of Association, on a poll every member has one vote for every share held. Votes withheld are not votes in law. There were no discretionary votes cast. Accordingly, the total number of Ordinary Shares entitling the holders to attend and vote for or against Resolution 1 and 3 was 58,358,201. Pursuant to AQSE Rule 5.3, only Independent Shareholders are eligible to vote on Resolution 2, the total number of Ordinary Shares entitling the holders to attend and vote for or against Resolution 2 was 34,787,900.

For more information, please contact:

Samarkand Group plc	http://samarkand.global/
David Hampstead, Chief Executive Officer Eva Hang, Chief Financial Officer	[e-mail]
Guild Financial Advisory Limited
Ross Andrews Tomas Klaassen	[phone] [phone]

Notes to Editors 

Samarkand is a consumer brand owner and distributor operating a scale up platform for niche, premium, multichannel, health and healing brands. Core owned brands include Napiers the Herbalists, Scotland's oldest natural herbal apothecary and Zita West, a leading specialist supplement line for fertility and reproductive health. Platform services include marketing, sales and channel development with a focus on social commerce, China market entry, international expansion and manufacturing.  In addition, the group works as the exclusive China market partner for a select portfolio of niche luxury skin care brands and connects these brands to the Chinese consumer via cross border eCommerce.

Founded in 2016, Samarkand is headquartered in Tonbridge, UK with offices in Shanghai.

For further information please visit https://www.samarkand.global/

 

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