Digital Barriers plc Results of General Meeting (2692B)

TIDMDGB

RNS Number : 2692B

Digital Barriers plc

05 January 2015

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

For immediate release

5 January 2015

Digital Barriers plc

Result of General Meeting

On 16 December 2014, Digital Barriers plc (AIM: DGB) ("Digital Barriers", the "Company" and, together with its subsidiary undertakings, the "Group"), the specialist provider of advanced surveillance technologies to the international homeland security and defence markets, announced the proposed Placing of 19,864,865 new Ordinary Shares at 37.0 pence per share. The Placing was subject, inter alia, to approval by Shareholders of the Resolutions set out in the Notice of General Meeting.

The Company is pleased to announce that all of the Resolutions were passed unanimously on a show of hands at the General Meeting which took place earlier today.

The proxy voting results for the Resolutions were as follows:

Resolution 1: ordinary resolution to authorise the Directors to allot relevant securities

 
                   Number of Ordinary Shares voted  Percentage of Ordinary Shares voted 
For                                     52,760,295                                  100 
Against                                        Nil                                  Nil 
Withheld                                       Nil                                  Nil 
Total votes cast                        52,760,295

Resolution 2: special resolution to approve the disapplication of pre-emption rights

 
                   Number of Ordinary Shares voted  Percentage of Ordinary Shares voted 
For                                     52,760,295                                  100 
Against            Nil                              Nil 
Withheld           Nil                              Nil 
Total votes cast   52,760,295

A vote withheld is not a vote in law and does not count in the total of votes cast.

Any proxy appointments which gave discretion to the chairman of the meeting have been included in the 'For' total.

The issued share capital of the Company eligible to vote on the Resolutions is 64,624,616 Ordinary Shares of one penny each.

The Placing remains conditional, inter alia, upon Admission. Admission is expected to become effective at 8.00 a.m. on 6 January 2015.

Terms defined in the circular dated 16 December 2014 have the same meaning in this announcement, save where the context otherwise requires.

 
 Digital Barriers plc                 +44 (0) 20 7940 4740 
 Tom Black, Non-Executive Chairman 
  Zak Doffman, Chief Executive 
  Office 
  Sharon Cooper, Finance Director 
 Investec Bank plc - Nominated 
  adviser and Broker to Digital 
  Barriers                            +44 (0) 20 7597 5970 
 Andrew Pinder / Patrick Robb 
  Junya Iwamoto / Sebastian 
  Lawrence 
 FTI Consulting - PR Adviser 
  to Digital Barriers                 +44 (0) 20 7831 3113 
 Edward Bridges 
  Matt Dixon

This information is provided by RNS

The company news service from the London Stock Exchange

END

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