10 September 2024
RC365
Holding plc
("RC365"
or the "Company")
Result of
Annual General Meeting
RC365 Holding plc (LSE: RCGH), an
established payment solutions and fintech company, announces that
at the Company's annual general meeting ("AGM" or the "Meeting"),
held earlier today, all resolutions were duly passed.
In addition, at the conclusion of the Meeting, as announced
on 15 August 2024, Robert Cairns stepped down from the Board of
Directors with immediate effect and Iain Muir assumed the role of
Non-Executive Chairman as well as Chair of the Audit
Committee.
Proxy votes received in relation to each
resolution proposed at the AGM were as follows:
|
Resolution number
|
Resolution
|
Votes for
|
Votes
against
|
Votes
withheld
|
Total proxy
votes
|
|
|
|
No. of
votes
|
% of votes
cast*
|
No. of
votes
|
% of votes
cast*
|
No. of
votes
|
|
|
ORDINARY RESOLUTIONS
|
|
1
|
To receive and adopt the Company's
annual financial statements for the year ended 31 March
2024.
|
65,689,863
|
99.79
|
138,439
|
0.21
|
88,291
|
65,916,593
|
|
2
|
To approve the Remuneration
Committee Report, as set out on pages 22 and 23 of the Annual
Report.
|
65,409,988
|
99.33
|
438,105
|
0.67
|
68,500
|
65,916,593
|
|
3
|
To reappoint LB Group Limited as
auditor of the Company.
|
65,487,423
|
99.45
|
360,439
|
0.55
|
68,731
|
65,916,593
|
|
4
|
To reappoint Chi Kit Law as a
Director of the Company.
|
65,455,982
|
99.46
|
352,611
|
0.54
|
108,000
|
65,916,593
|
|
5
|
To reappoint Ajay Kumar Rajpal as a
Director of the Company.
|
65,026,848
|
98.81
|
780,922
|
1.19
|
108,823
|
65,916,593
|
|
6
|
To reappoint Timothy Wai Yiu Tang as
a Director of the Company.
|
65,118,008
|
98.95
|
689,762
|
1.05
|
108,823
|
65,916,593
|
|
7
|
To reappoint Iain Andrew Muir as a
Director of the Company.
|
65,577,355
|
99.66
|
224,776
|
0.34
|
114,462
|
65,916,593
|
|
8
|
To authorise the directors to allot
securities.
|
65,132,285
|
98.91
|
714,511
|
1.09
|
69,797
|
65,916,593
|
|
SPECIAL RESOLUTIONS
|
|
9
|
To give the directors authority to
disapply pre-emption provisions to enable the directors in certain
circumstances to allot ordinary shares for cash other than on a
pre-emptive basis.
|
65,120,879
|
98.91
|
716,180
|
1.09
|
79,534
|
65,916,593
|
|
10
|
To give the directors authority to
disapply pre-emption provisions to enable the directors in certain
circumstances to allot ordinary shares for cash other than on a
pre-emptive basis if the proceeds are used for the financing (or
refinancing) of an acquisition or other capital
investment.
|
65,125,317
|
98.91
|
714,859
|
1.09
|
76,417
|
65,916,593
|
* Excludes withheld votes
As at the date of the AGM, the issued share
capital of the Company comprised 150,410,421 ordinary shares.
Accordingly, the total number of ordinary shares entitling the
holders to attend and vote for or against all resolutions was
150,410,421. In accordance with the Company's Articles of
Association, on a poll every member has one vote for every share
held. Votes withheld are not votes in law. There were no
discretionary votes cast.
For further information please
contact:
|
RC365 Holding
plc
|
|
|
Chi Kit LAW, Chief Executive Officer
|
T: +852 2251 1621
E: ir@rc365plc.com
|
|
|
|
|
Guild
Financial Advisory Limited - Financial Adviser
|
|
|
Ross Andrews
|
T: +44 (0)7973 839767
E: ross.andrews@guildfin.co.uk
|
|
|
|
|
Evangeline Klaassen
|
T: +44 (0)7972 841276
E:
evangeline.klaassen@guild.co.uk
|
|
|
|
|
Gracechurch Group - Financial PR
|
|
|
Harry Chathli, Claire Norbury,
Heather Armstrong
|
T: +44 (0)204 582 3500
E: rc365@gracechurchpr.com
|
|
|
| |
About RC365
Holding plc
RC365 Holding plc (LSE: RCGH) is an established
payment solutions and fintech company. It operates primarily in
East and Southeast Asia through its core subsidiaries of Regal
Crown Technology and RCPAY, and the recently-established RC365
Solutions.
For over 10 years, the Company has
delivered efficient and secure payment gateway solutions and IT
support and development services for payment and financial systems,
including ERP solutions. In 2021, it commenced providing digital
remittance and payment services, which expanded to include foreign
exchange and premium card solutions. These services are provided to
multinational merchants, SMEs and individuals. RC365 intends to
expand into the virtual banking market and geographically,
including in the UK and wider Europe.
For more information, visit:
https://www.rc365plc.com