Result of
AGM
Team Internet Group plc (AIM: TIG),
the global internet company that generates recurring revenue from
creating meaningful and successful connections: businesses to
domains, brands to consumers, publishers to advertisers, announces
that at its Annual General Meeting held yesterday, 18 April 2024, all resolutions were
duly passed.
The full text of all the resolutions
can be found in the Notice of Annual General Meeting 2024,
dated 18 March 2024, a copy of which is available on the
Company's website at
https://teaminternet.com/constitutional-documents-and-circulars/
The results of the voting were as
follows:
|
% of votes in favour
|
% of votes against
|
Total votes
|
Votes withheld
|
1. Receive the Report of Directors
and Audited Accounts
|
100%
|
0%
|
166,002,665
|
1,173
|
2. Approve the final
dividend
|
100%
|
0%
|
166,002,665
|
1,173
|
3. Approve Directors' Report on
Remuneration
|
70.44%
|
29.56%
|
165,865,238
|
138,600
|
4. Re-elect Sam Dayani -
NED
|
86.99%
|
13.01%
|
162,770,863
|
3,232,975
|
5. Election of Marie Holive -
NED
|
99.93%
|
0.07%
|
165,998,196
|
5,642
|
6. Appointment of
Auditors
|
99.99%
|
0.01%
|
165,992,665
|
11,173
|
7. Auditors' remuneration
|
100%
|
0.00%
|
166,002,665
|
1,173
|
8. Authority to Allot
Shares
|
82.51%
|
17.49%
|
166,002,665
|
1,173
|
9. Authority to Dis-apply Statutory
Pre-emption Rights*
|
80.13%
|
19.87%
|
166,003,838
|
0
|
10. Authority to Purchase Own
Shares*
|
99.99%
|
0.01%
|
166,002,665
|
1,173
|
*Special resolution
Notes:
1. Proxy appointments which
gave discretion to the Chairman of the AGM have been included in
the "For" total for the appropriate resolution.
2. Votes "For" and "Against"
any resolution are expressed as a percentage of votes validly cast
for that resolution.
3. A "Vote withheld" is not a
vote in law and is not counted in the calculation of the percentage
of shares voted "For" or "Against".
4. The number of shares in
issue on 18 April 2024 was 287,900,000 with
28,670,711 shares in
treasury.
The Board note that resolutions 3, 8 and 9
continued to have some level of opposition. The Board will continue
to engage with shareholders to understand their concerns and will
seek to address the primary causes of shareholders' opposition to
these resolutions.
|