26 June 2024
RA INTERNATIONAL GROUP PLC
("RA International", "RA" or the "Company")
Results of the Annual General Meeting and TVR
RA International Group PLC (AIM: RAI), a specialist provider of complex and integrated remote site services to organisations globally, announces that at its Annual General Meeting held earlier today, all resolutions put to Shareholders were duly passed.
Further to the announcement made on 13 May 2024 and the passing of Resolution 8 at the AGM earlier today, the proposed share buyback is now unconditional. To confirm, following settlement of the share buyback, the total number of Ordinary Shares held as treasury shares will be 1,987,215. The total number of Ordinary Shares in issue (including shares held as treasury shares) will be 173,575,741. Therefore, the total voting rights in the Company will be 171,588,526, which may be used by shareholders as the denominator for the calculation by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
AGM Resolutions
Resolutions 1 to 5 were proposed as ordinary resolutions. Resolutions 6 to 8 were proposed as special resolutions. The votes cast in respect of each resolution are as follows:
Eligible votes |
173,575,741 |
Voted total (incl all validly made proxy votes) |
160,951,062 |
Voted total (%) |
92.73% |
RESOLUTIONS |
Votes For |
% |
Votes Against |
% |
Total Votes Cast |
Votes withheld |
1. To receive and adopt the annual accounts for the year ended 31 December 2023. |
160,938,393 |
99.99% |
9,990 |
0.01% |
160,948,383 |
2,679 |
2. To re-appoint PKF Littlejohn LLP as auditors of the company. |
160,938,190 |
99.99% |
10,193 |
0.01% |
160,948,383 |
2,679 |
3. To authorise the directors to fix the remuneration of the auditors. |
160,938,393 |
99.99% |
9,990 |
0.01% |
160,948,383 |
2,679 |
4. To re-appoint Sangita Shah as a director. |
160,932,252 |
99.99% |
18,810 |
0.01% |
160,951,062 |
0 |
5. To confer on the Directors authority to allot securities in accordance with Section 551 of the Companies Act 2006. |
160,927,365 |
99.99% |
21,018 |
0.01% |
160,948,383 |
2,679 |
6. Subject to passing of resolution 5, to confer on the Directors power to allot securities under a disapplication of Section 561 of the Companies Act 2006. |
147,704,877 |
99.97% |
45,403 |
0.03% |
147,750,280 |
13,200,782 |
7. To authorise the Directors to make market purchases of its own shares for the purposes of Sections 693 and 701 of the Companies Act 2006. |
160,941,072 |
99.99% |
9,990 |
0.01% |
160,951,062 |
0 |
8. To authorise the Company to enter an off-market purchase of its own shares. |
160,837,166 |
99.99% |
13,896 |
0.01% |
160,851,062 |
100,000 |
A vote withheld is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" and "Against" any resolution.
Enquiries:
RA International Group PLC Sangita Shah, Chair Soraya Narfeldt, Chief Executive Officer
|
Via Strand Hanson |
Strand Hanson Limited (Nominated & Financial Adviser and Broker) Ritchie Balmer / James Spinney / David Asquith
|
+44 (0) 20 7409 3494 |
About RA International
RA International is a leading provider of services to remote locations. The Group offers its services through three channels: construction, integrated facilities management and supply chain, and services two main client groups: humanitarian and aid agencies and western government organisations focusing on overseas projects. It has a strong customer base, largely comprising UN agencies,
The Group provides comprehensive, flexible, mission critical support to its clients enabling them to focus on the delivery of their respective businesses and services. Focusing on integrity and values alongside making on-going investment in its people, locations and operations has over time created a reliable and trusted brand within its sector.
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