Sunrise Resources Plc Result of Meeting (3309U)

TIDMSRES

RNS Number : 3309U

Sunrise Resources Plc

22 November 2023

SUNRISE RESOURCES PLC

("Sunrise" or the "Company")

Results of General Meeting & TVR

Sunrise Resources plc (ticker symbol 'SRES') is pleased to announce that at the General Meeting this morning all resolutions were duly passed.

Details of proxy voting and voting at the General Meeting are as follows:

Table of Proxies received - all appointing the Chairman as Proxy

 
 1. Ordinary Resolution: That each existing ordinary share 
  of 0.1 pence be subdivided into one Ordinary Share of 0.001 
  pence and one Deferred Share of 0.099 pence 
     Votes For     % of      Against     % of   At holders'     % of   No. Withheld 
                  votes                 votes    discretion    votes 
                   cast                  cast                   cast 
                -------  -----------  -------  ------------  -------  ------------- 
 1,108,955,211   96.76%   37,137,755    3.24%             0       0%      2,000,000 
                -------  -----------  -------  ------------  -------  ------------- 
 
 
 2. Ordinary Resolution : That, subject to Resolution 1, 
  the Company's entry into and performance of its obligations 
  under the Buy Back Agreement be approved 
     Votes For     % of      Against     % of   At holders'     % of   No. Withheld 
                  votes                 votes    discretion    votes 
                   cast                  cast                   cast 
                -------  -----------  -------  ------------  -------  ------------- 
 1,110,838,316   96.94%   35,028,155   3.06:%             0       0%      2,226,495 
                -------  -----------  -------  ------------  -------  -------------

N.B. Votes withheld are not counted in a poll as they are not a vote in law.

In addition to the votes cast by Proxy, the Chairman was appointed as corporate representative for a nominee shareholder in respect of 192,529,545 shares, all of which were voted in favour of both resolutions.

All resolutions were passed unanimously on a show of hands and the Company will now proceed with the share subdivision and the buy back and cancellation of deferred shares as set out in the Circular made available to shareholders and detailed in the Company's news release of 7 November 2023.

It is expected that the New Ordinary Shares will be admitted to trading on AIM at 8.00am tomorrow, 23 November 2023 ("Admission") replacing existing ordinary shares one-for-one. Existing share certificates will remain valid.

Total Voting Rights

Following Admission, the Company's issued share capital consists of 4,095,052,030 ordinary shares of 0.001p each with voting rights. There are no shares currently held in treasury.

The total number of voting rights in the Company is therefore 4,095,052,030 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Further information:

 
 Sunrise Resources plc           Tel: +44 (0)1625 838 884 
  Patrick Cheetham, Executive 
  Chairman 
                                 Tel: +44 (0)207 628 3396 
   Beaumont Cornish Limited 
   Nominated Adviser 
   James Biddle/Roland Cornish 
                                 Tel: +44 (0)207 469 0930 
   Peterhouse Capital Limited 
   Broker 
   Lucy Williams/Duncan Vasey

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via a Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

Shares in the Company trade on AIM.

EPIC: "SRES". Website: www.sunriseresourcesplc.com

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END

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November 22, 2023 04:51 ET (09:51 GMT)

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