METALNRG PLC

AGM Information • Aug 27, 2019

National Storage Mechanism | Additional information

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RNS Number : 2940K

MetalNRG PLC

27 August 2019

27th August 2019

MetalNRG plc

("MetalNRG" or the "Company")

Result of Annual General Meeting

MetalNRG (LON:MNRG), the London Stock Exchange quoted natural resource investing company, held its Annual General Meeting ("AGM") earlier today and is pleased to announce that all resolutions were duly passed by the required majority.

The resolutions were as set out in the Notice of Annual General Meeting, as filed with the National Storage Mechanism (www.morningstar.co.uk/uk/NSM) and are also available on the Company's website ww.metalnrg.com.

The voting on all resolutions, save for Resolution 2, were carried on a show of hands. 

The total number of the Company's ordinary shares in issue is 300,202,306.  Forms of Proxy were received from shareholders of 31,225,000 ordinary shares amounting to 10.40% of the Company's issued ordinary share capital.   

The proxy votes that would have been cast for the resolutions, other than Resolution 2, had a poll been held on each resolution, were as follows:

1. Ordinary Resolution: To receive the Accounts and Reports of the Directors and of the Auditors
Votes For	% of votes cast	Votes Against	% of votes cast	At holders' discretion	% of votes cast	Votes Withheld
31,100,000	100	0.00	0.00	0.00	0.00	125,000

3. Ordinary Resolution: To re-appoint Edwards Veeder (UK) Limited as auditor to the Company and to authorise the Directors to agree its remuneration
Votes For	% of votes cast	Votes Against	% of votes cast	At holders' discretion	% of votes cast	Votes Withheld
31,100,000	100	0.00	0.00	0.00	0.00	125,000

4. Ordinary Resolution: To authorise the Directors to allot shares
Votes For	% of votes cast	Votes Against	% of votes cast	At holders' discretion	% of votes cast	Votes Withheld
31,100,000	100	0.00	0.00	0.00	0.00	125,000

5.  Special Resolution:  To approve the dis-application of pre-emption rights
Votes For	% of votes cast	Votes Against	% of votes cast	At holders' discretion	% of votes cast	Votes Withheld
31,100,000	100	0.00	0.00	0.00	0.00	125,000

6.   Special Resolution:  To give the Company power to hold a general meeting on not less than 14 clear days' notice.

Votes

For

% of votes cast

Votes Against

% of votes cast

At holders' discretion

% of votes cast

Votes Withheld

31,100,000

100

0.00

0.00

0.00

0.00

125,000

Resolution 2, relating to the re-election of Gervaise Heddle, an Independent Director, was carried out on a poll: In accordance with Listing Rule 9.2.2 E(R), the re-election of the Independent Director was approved by: (i) the Company's Shareholders and  (ii) the Company's Independent Shareholders.

The results of the voting by the Company's Shareholders were as follows:

2.   Ordinary Resolution:  To approve the re-election of Gervaise Heddle, an Independent Director
Votes For	% of votes cast in the poll	Votes Against	% of votes cast in the poll	Votes Withheld
31,000,000	100	0.00	0.00	225,000

The results of the voting by the Independent Shareholders were as follows:

2.   Ordinary Resolution:  To approve the re-election of Gervaise Heddle, an Independent Director
Votes For	% of votes cast in the poll	Votes Against	% of votes cast in the poll	Number Withheld
31,000,000	100	0.00	0.00	225,000

In accordance with Listing Rule 9.6.2, copies of the resolutions passed at the meeting

that do not constitute ordinary business have been submitted to the National Storage

Mechanism and will be available for inspection at

www.morningstar.co.uk/uk/NSM

Notes:

(a)   The votes "for" include those votes giving the Chairman discretion.

(b)   A vote "withheld" is not counted towards the votes cast "for" or "against" a resolution.

This announcement contains inside information for the purposes of Article 7  of EU Regulation 596/2014.

Rolf Gerritsen, CEO of MetalNRG, arranged for the release of this announcement.

The Directors of the Company accept responsibility for the contents of this announcement.

LEI:  2138003C24H79U5QZH21

Contact details:

MetalNRG PLC Rolf Gerritsen	+44 (0) 20 7796 9060
Corporate Broker SI CAPITAL Nick Emerson	+44 (0) 1483 413500

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.

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