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DJ Netalogue Technologies Plc AGM 15 September 2017

 
TIDMNTLP 
 
Netalogue Technologies plc 
 
Results of AGM 
 
Date: Friday 15th September 2017 @ 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 (Director), Andrew 
Robathan (Managing 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 2017 be received and adopted 
 
The resolution was put to the meeting and declared carried. 
 
2.    THAT Andrew Robathan 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 PriceWaterhouseCoopers LLP be re-appointed as Auditors of the 
Company until the conclusion of the next Annual General Meeting and that the 
Directors be authorised to fix their remuneration. 
 
The resolution was put to the meeting and declared carried. 
 
4.    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 
 
5.    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 15th September 2017. 
 
All Enquiries: 
 
Netalogue Technologies plc 
 
Telephone 0845-2220350 
 
www.netalogue.com 
 
 
 
END 
 

(END) Dow Jones Newswires

September 15, 2017 11:05 ET (15:05 GMT)