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DJ Netalogue Technologies Plc AGM 18th September 2015

 
TIDMNTLP 
 
Netalogue Technologies plc 
 
 
Results of AGM 
 
Date: Friday 18th September 2015 @ 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). 
 
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 2015 be 
received and adopted. 
 
The resolution was put to the meeting and declared carried. 
 
A shareholder question was raised relating to the termination of the agreement 
with Spicers Ltd in the reported period, the Chairman confirmed that both 
parties amicably agreed a date to end the contract and further that payment for 
all services provided had been received. 
 
2. The Chairman proposed as an Ordinary Resolution THAT A Robathan 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, in accordance with 
section 551 of the Companies Act 266 (the "2006 Act"), the   Directors be 
generally and unconditionally authorised to allot shares in the Company or 
grant  rights to subscribe for or to convert any security into shares in the 
Company ("Rights") up to  an aggregate nominal amount of GBP400,000.00 provided 
that this authority shall, unless     renewed, varied or revoked by the 
Company, expire on the earlier of the date falling 15 months after the date of 
the passing of this resolution and the conclusion of the subsequent    annual 
general meeting of the Company, save that the Company may, before such expiry, 
make an offer or agreement which would or might require shares to be allotted 
or Rights to be granted and the Directors may allot shares or grant Rights in 
pursuance of such offer or   agreement notwithstanding that the authority 
conferred by this resolution has expired. 
 
This authority is in substitution for all previous authorities conferred on the 
Directors in accordance with section 551 of the 2006 Act. 
 
The resolution was put to the meeting and declared carried. 
 
5. The Chairman proposed as a special resolution 
 
THAT, the Directors be and are hereby empowered, pursuant to Section 570 of the 
Act, 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 in connection with a rights issue or 
other issue in favour of the holders of ordinary shares where the equity 
securities respectively attributable to the interests of the ordinary 
shareholders are proportionate (as nearly as may be) to the respective numbers 
of ordinary shares held or deemed to be held by them, subject only to such 
exclusions or other arrangements as the directors may deem necessary or 
expedient to deal with fractional entitlements, legal or  practical problems 
arising in any overseas territory or by virtue of shares being represented by 
depository receipts, the requirements of any regulatory body or stock exchange 
or any other matter whatsoever; the allotment of equity securities for the 
purpose of any option, incentive or profit sharing scheme (whether or not an 
employees' share scheme as defined in the Companies Act 2006) being a scheme 
approved by shareholders in general meeting, and; 
 
B. the allotment (otherwise than pursuant to sub-paragraphs (a) and (b) above) 
of securities for cash up to an aggregate nominal value of GBP400,000.00 
 
And shall expire on the date which is 15 months after the date on which the 
resolution is passed or, if earlier, at the conclusion of the next annual 
general meeting of the Company. 
 
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 18th September 2015. 
 
All Enquiries: 
Netalogue Technologies plc 
Telephone 0845-2220350 
www.netalogue.com 
 
** END ** 
 
 
 
END 
 

(END) Dow Jones Newswires

September 21, 2015 09:42 ET (13:42 GMT)