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DJ Netalogue Technologies Plc AGM 19th September 2014

 
TIDMNTLP 
 
Netalogue Technologies plc 
Results of AGM 
 
Date: Friday 19th September 2014 @ 14:00 
 
Venue: Netalogue Technologies plc, Baglan Bay Innovation Centre, 
Central Avenue, Baglan Bay, West Glamorgan, SA12 7AX 
 
Officers Attending: Richard Condon (Managing Director), Geoff Henderson 
(Chairman), Andrew Robathan (Director) & Craig Williams (Director). 
 
_______________________________________________________________________ 
 
 
The Chairman opened the meeting, noted that there was a quorum 
present and, with the permission of the meeting, took the Notice as read. 
 
1. The Chairman proposed as an Ordinary Resolution THAT the 
Directors' Report and audited accounts of the Company for the year ended 31st 
March 2014 be received and adopted. 
 
The resolution was put to the meeting and declared carried. 
 
2. The Chairman proposed as an Ordinary Resolution THAT G Henderson be 
re-elected as a director of the Company in accordance with the Articles of 
Association. 
 
The resolution was put to the meeting and declared carried. 
 
3. The Chairman proposed as an Ordinary Resolution THAT 
PriceWaterhouse Coopers LLP be re-appointed as Auditors of the Company and the 
Directors be authorised to fix their remuneration. 
 
The resolution was put to the meeting and declared carried. 
 
4. The Chairman proposed as an Ordinary resolution THAT the 
Directors be generally and unconditionally authorised pursuant to Section 551 
of the Companies Act 2006 (the "Act") to allot relevant securities (within the 
meaning of that section) up to an aggregate nominal amount of GBP400,000 The 
authority referred to in this resolution shall be in substitution for all 
other existing authorities, and shall expire (unless previously renewed, 
varied or revoked by the Company in general meeting) at the conclusion of the 
next Annual General Meeting of the Company. The Company may, at any time prior 
to the expiry of the authority, make an offer or agreement which would or 
might require relevant securities to be allotted after the expiry of the 
authority and the Directors are hereby authorised to allot relevant securities 
in pursuance of such offer or agreement as if the authority had not expired. 
 
The resolution was put to the meeting and declared carried. 
 
5. The Chairman proposed as an special resolution 
 
That the Directors, pursuant to Section 570 of the Act, be empowered to allot 
equity securities (within the meaning of Section 560 of the Act) for cash 
pursuant to the authority conferred by Resolution 5 as if Section 561(1) of 
the Act did not apply to any such allotment provided that this power shall be 
limited to: 
 
(a) the allotment of equity securities where such securities have been offered 
(whether by way of a rights issue, open offer or otherwise) to the holders of 
ordinary shares in the capital of the Company in proportion (as nearly as may 
be) to their holdings of such ordinary shares but subject to such exclusions 
or other arrangements as the Directors may deem necessary or expedient to deal 
with equity securities representing fractional entitlements and with legal or 
practical problems under the laws of, or the requirements of, any regulatory 
body or any stock exchange in, any territory; and 
 
(b) the allotment, other than pursuant to (a) above, of equity securities: 
 
(i) arising from the exercise of options and warrants outstanding at the date 
of this resolution; and 
 
(ii) including any issue pursuant to (i) above, up to an aggregate nominal 
value of GBP400,000, 
 
and this power shall, unless previously revoked or varied by 
special resolution of the Company in general meeting, expire at the conclusion 
of the next Annual General Meeting of the Company. The Company may, before 
such expiry, make offers or agreements which would or might require equity 
securities to be allotted after such expiry and the Directors are hereby 
empowered to allot equity securities in pursuance of such offers or agreements 
as if the power conferred hereby had not expired. 
 
The resolution was put to the meeting and declared carried. 
 
 
There being no other business the Chairman declared the meeting closed. 
 
 
This announcement was approved by the board on 22nd September 2014. 
 
All Enquiries: 
NETALOGUE TECHNOLOGIES PLC TEL 0845 222 0350 
WWW.NETALOGUE.COM 
 
 
 
END 
 

(END) Dow Jones Newswires

September 22, 2014 05:59 ET (09:59 GMT)