CLS Holdings PLC

Declaration of Voting Results & Voting Rights Announcements • Dec 19, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0228L

PROACTIS Holdings PLC

19 December 2018

Proactis Holdings PLC

Result of AGM

Proactis Holdings PLC ("Proactis", the "Group" or the "Company"), the global spend management and B2B eCommerce solution provider, announces that all resolutions put to shareholders at the Annual General Meeting held earlier today were duly passed.

A summary of proxy votes received for each resolution is set out in the table below. 

	For*		Against		Votes withheld**	Total votes cast (excl. votes withheld)
	No. of votes	% of votes cast	No. of votes	% of votes cast
Resolution 1	59,092,984	100.00%	0	0.00%	0	59,092,984
Resolution 2	59,092,984	100.00%	0	0.00%	0	59,092,984
Resolution 3	59,082,338	99.98%	10,646	0.02%	0	59,092,984
Resolution 4	44,454,617	75.23%	14,638,367	24.77%	0	59,092,984
Resolution 5	59,082,338	99.98%	10,646	0.02%	0	59,092,984
Resolution 6	58,908,192	99.69%	184,792	0.31%	0	59,092,984
Resolution 7	58,908,192	99.69%	184,792	0.31%	0	59,092,984
Resolution 8***	50,717,612	85.83%	8,375,372	14.17%	0	59,092,984

* The "For" votes include those giving the Chairman discretion.

**A vote "withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" the resolution.  

***Denotes Special Resolutions.

Full details of each resolution were set out in the Notice of Annual General Meeting which is available on the Company's website at www.proactis.com/uk/investors/.

The Company notes that whilst all of the resolutions proposed were passed unanimously on a show of hands at the AGM, a significant number of proxy votes were lodged against Resolution 4, being the re-appointment of Rodney Potts as a Director of the Company. The Board notes that Mr Potts stood down as Chair of the Remuneration Committee when Sophie Tomkins was appointed as senior independent non-executive Director and the Company intends to appoint a further independent non-executive Director in the coming year, at which point Alan Aubrey will step down as Chair of the Audit Committee. Following that, both the Remuneration Committee and Audit Committee will be chaired by independent non-executive Directors.

For further information, please contact:

Proactis Holdings PLC
Hamp Wall, Chief Executive Officer Tim Sykes, Chief Financial Officer	01937 545070 x1115 investorcontact@proactis.com
Newgate Communications
Elisabeth Cowell Fiona Norman	020 3757 6880
finnCap Ltd Stuart Andrews/Carl Holmes/Emily Watts - Corporate Finance Andrew Burdis/Richard Chambers - ECM	0207 220 0500

Notes to Editors:

Proactis creates, sells and maintains software and services which enable organisations to streamline, control and monitor all indirect expenditure.  Its solutions are used in approximately 1,000 buying organisations around the world from the commercial, public and not-for-profit sectors.

Proactis is head quartered in London and floated on the AIM market of the London Stock Exchange in June 2006.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

RAGTLBATMBBBBLP