A General Meeting (Meeting) of Sovereign Metals Limited (Company) (ASX:SVM, AIM:SVML) was held today, 17 March 2023, at 10.00am (AWST).
The resolution voted on was in accordance with the Notice of General Meeting previously advised to shareholders and depository interest holders. The resolution was decided on and carried by way of poll.
In accordance with Section 251AA of the Corporations Act 2001 and ASX Listing Rule 3.13.2, the details of the poll and proxies received in respect of the resolution is set out over page.
The indicative timetable regarding the Demerger is provided below.
|
Event |
Indicative Date |
|
Effective date of Distribution |
20 March 2023 |
|
Repositioning of securities between the Australian share register and UK Depositary Interest register is suspended at the close of business |
21 March 2023 |
|
Record Date |
23 March 2023 |
|
Repositioning of securities between the Australian share register and UK Depositary Interest register recommences |
24 March 2023 |
|
Date for Distribution to Shareholders (Distribution Date) |
24 March 2023 |
|
Despatch of holding statements for NGX Shares transferred under the Distribution |
27 March 2023 |
Note: The dates shown in the table above are indicative only and may vary subject to the Corporations Act, the Listing Rules, the AIM Rules and other applicable laws.
ENQUIRIES
|
Dylan Browne Company Secretary info@sovereignmetals.com |
|
Nominated Adviser on AIM |
|
|
RFC Ambrian |
|
|
Bhavesh Patel / Andrew Thomson |
+44 20 3440 6800 |
|
|
|
|
Joint Brokers |
|
|
Berenberg |
+44 20 3207 7800 |
|
Matthew Armitt |
|
|
Jennifer Lee |
|
|
|
|
|
Optiva Securities |
+44 20 3137 1902 |
|
Daniel Ingram |
|
|
Mariela Jaho |
|
|
Christian Dennis |
|
|
Resolution |
Number of Proxy Votes |
Number and Percentage of Votes cast on the Poll |
Voting Method and Result |
|||||
|
For |
Against |
Abstain |
Proxy’s Discretion |
For |
Against |
Abstain |
||
|
1. Approval of Demerger |
51,981,046 |
3,689 |
8,838 |
2,832,220 |
56,747,266 |
3,689 |
8,838 |
Carried on vote by poll |