07 August 2024
Bushveld Minerals Limited
("Bushveld" or the "Company")
Annual General Meeting Results
Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer announces the results of its Annual General Meeting ("AGM") held earlier today, which are set out below.
No. |
Ordinary Resolution |
Votes |
||
In Favour |
Against |
Withheld |
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1 |
To receive and adopt the Annual Report and Accounts for the financial year ended 31 December 2023. |
1,080,911,768 |
23,432,165 |
1,508,273 |
2 |
To approve the Directors Fees as reflected in Remuneration Report and in Note 35 of the Annual Financial Statements. |
724,819,255 |
379,836,101 |
1,196,850 |
3 |
That Messrs RSM |
1,079,965,480
|
23,710,277 |
2,176,449 |
4 |
To authorise the directors of the Company to approve the auditor's remuneration |
1,080,204,163 |
23,496,963 |
2,151,080 |
5 |
To re-elect Mirco Bardella as a director of the Company. |
561,210,136 |
412,487,162 |
132,154,908 |
6 |
To re-elect Craig Coltman as a director of the Company. |
563,345,714 |
406,405,688 |
136,100,804 |
7 |
To approve authority to buy back up to 231,102,240 Ordinary Shares |
228,408,075 |
875,947,313 |
1,496,818 |
8 |
To approve authority to allot shares of the Company |
228,193,607
|
876,715,168 |
943,431 |
As resolution 8 did not pass, resolution 9 (approval of the disapplication of pre-emption rights) was not voted on. The board notes that resolutions 7, 8 and 9 did not pass and the number of votes cast against resolutions 5 and 6.
The Board will consult and engage with shareholders to better understand the reasons behind these votes.
Bushveld Minerals Limited |
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+27 (0) 11 268 6555 |
Craig Coltman, Chief Executive Officer |
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SP Angel Corporate Finance LLP |
Nominated Adviser & Joint Broker |
+44 (0) 20 3470 0470 |
Richard Morrison / Charlie Bouverat |
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Grant Barker / Abigail Wayne |
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Hannam & Partners |
Financial Advisor & Joint Broker |
+44 (0) 20 7907 8500 |
Andrew Chubb / Matt Hasson / Jay Ashfield |
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Tavistock |
Financial PR |
+44 (0) 207 920 3150 |
Gareth Tredway / Tara Vivian-Neal / James Whitaker |
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ENDS
ABOUT BUSHVELD MINERALS LIMITED
Bushveld Minerals is a primary vanadium producer. It is one of the world's three primary vanadium producers, offering compelling exposure to vanadium through its upstream asset.
Detailed information on the Company and progress to date can be accessed on the website www.bushveldminerals.com.
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