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DJ Netalogue Technologies Plc AGM 16 September 2016

 
TIDMNTLP 
 
Netalogue Technologies plc 
 
Results of AGM 
 
Date: Friday 16th September 2016 @ 14:00 
 
Venue: Netalogue Technologies plc, Baglan Bay Innovation Centre, Central 
 
Avenue, Baglan Bay, Port Talbot, West Glamorgan, SA12 7AX. 
 
Officers Attending: Nick Barley (Chairman), Richard Condon (Managing Director), 
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. 
 
Ordinary Resolutions 
 
1.    THAT the Directors' Report and audited accounts of the Company for the 
 
year ended 31st March 2016 be received and adopted 
 
The resolution was put to the meeting and declared carried. 
 
2.    THAT Craig Williams be re-elected as director as per rotation of the 
 
Company in accordance with the Articles of Association. 
 
The resolution was put to the meeting and declared carried. 
 
3.    THAT Richard John Condon be re-elected as director as per rotation of the 
 
Company in accordance with the Articles of Association. 
 
The resolution was put to the meeting and declared carried. 
 
4.    THAT PriceWaterhouseCoopers 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. 
 
5.    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. 
 
Special Resolution 
 
6.    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; 
 
(b)  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; 
 
(c)   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 19th September 2016. 
 
All Enquiries: 
 
Netalogue Technologies plc 
 
Telephone 0845-2220350 
 
www.netalogue.com 
 
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September 19, 2016 10:13 ET (14:13 GMT)