Kasei Holdings Plc Resolutions Passed at the EGM
June 14 2022 - 4:00AM
UK Regulatory
TIDMKASH
14 June 2022
KASEI HOLDINGS PLC
("Kasei" or the "Company")
Resolutions Passed at the EGM
Kasei Holdings PLC (AQSE: KASH) is pleased to disclose details of all
resolutions that were passed at the Company's Extraordinary Meeting held on
Monday 6 June 2022.
Votes were received from shareholders with a total of 6,937,500 ordinary shares
representing 23.87% of the issued share capital of the Company. Results on
each of the resolutions put to vote at the EGM are set out below. Resolution 1
was an ordinary resolution requiring a simple majority of votes cast to pass.
Resolution 2 was a special resolution requiring least 75% of the votes cast to
pass.
Both resolutions put to the meeting were duly passed.
Resolution Voting Result
For Against
1. Ordinary Resolution 6,937,500 100% 0 0%
THAT, subject to Resolution 2
below, the directors are
generally and unconditionally
authorised, for the purpose of
section 551 of the Companies Act
2006 and generally, to exercise
any and all powers of the Company
to allot shares and to grant
rights to subscribe for, or to
convert any security into, shares
In the Company to any person, at
any time and subject to any terms
and conditions as the directors
think proper, up to an aggregate
nominal amount of £1,000,000 and
this authority shall:
1.1. expire (unless previously
varied as to duration or renewed
by ordinary resolution of the
Company) five years after the
date on which this resolution is
passed, except that the Company
may, before such expiry, make any
offer or agreement which would or
might require shares to be
allotted or such rights to be
granted after such expiry (and
the directors may allot shares or
grant such rights in pursuance of
such offer or agreement as if the
authority conferred by this
resolution had not expired); and
1.2. apply insofar as it has not
expired or been waived or revoked
by ordinary resolution of the
Company and shall be in
substitution all and any existing
authorities to allot shares and
to grant rights to subscribe for,
or to convert any security into,
shares in the Company that have
been granted by ordinary
resolution.
2. Special Resolution 6,937,500 100% 0 0%
THAT the directors be empowered
pursuant to section 570 of the
Companies Act 2006 to allot
equity securities (as defined in
section 560 of the Companies Act
2006) for cash pursuant to the
general authority conferred on
them by Resolution 1 as if
section 561 of the Companies Act
2006 did not apply in any such
allotment or sale. This authority
shall expire unless previously
revoked or renewed by the Company
in general meeting, five years
after the date on which this
resolution is passed except that
the Company may before such
expiry make any offer or
agreement which would or might
require equity securities to be
allotted after such expiry and
the directors may allot
securities in pursuance of such
an offer or agreement as if the
power conferred by this
resolution had not expired.
The full Notice of EGM can be found on the Company's website https://
kaseiholdings.com/important-documents/ .
For further information please contact:
Jai Patel info@kaseiholdings.com
Chief Investment Officer
First Sentinel
Corporate Adviser +44 7876 888 011
Brian Stockbridge brian@first-sentinel.com
Steve McGlennan stephen.mcglennan@first-sentinel.com
About Kasei:
The Company is a technology specialist investor that focuses on
cryptocurrencies and blockchain technologies.
The Company's goal is to provide investors with broad based exposure to the
fast-growing ecosystem of digital assets, managed using traditional financial
portfolio construction techniques. The Company also intends to invest in
venture capital and private equity investments in the blockchain ecosystem.
The Company will leverage the Board's expertise, experience, and networks in
the cryptocurrency sector and management of digital assets and decentralised
finance, to drive value creation and to establish the business. The Board has a
proven capability in portfolio management to achieve significant growth.
The Company's website is located at https://kaseiholdings.com
END
(END) Dow Jones Newswires
June 14, 2022 04:00 ET (08:00 GMT)
Kasei (AQSE:KASH)
Historical Stock Chart
From Sep 2024 to Oct 2024
Kasei (AQSE:KASH)
Historical Stock Chart
From Oct 2023 to Oct 2024