Gem Diamonds Limited Result of AGM (2988H)
June 06 2017 - 8:44AM
UK Regulatory
TIDMGEMD
RNS Number : 2988H
Gem Diamonds Limited
06 June 2017
6 June 2017
GEM DIAMONDS LIMITED
("Gem Diamonds" or "the Company")
RESULT OF ANNUAL GENERAL MEETING
At the Company's Annual General Meeting held at the Grosvenor
Hotel, 101 Buckingham Palace Road, London, SW1W 0SJ, on the 6 June
2017 at 09.30am, all resolutions were decided by poll.
All the resolutions were duly passed. The results of the poll
incorporating proxy votes lodged in advance of the meeting are set
out below:
FOR AGAINST
(% of shares (% of shares
ORDINARY RESOLUTIONS FOR voted) AGAINST voted) WITHHELD
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
1
Reports and
Accounts 94,930,650 99.99 13 0.01 10,561
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
2
Directors'
Remuneration
Policy 85,580,439 90.15 9,354,785 9.85 6,000
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
3
Annual Report
on Directors'
Remuneration 86,996,053 93.84 5,714,020 6.16 2,231,151
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
4
Re-appointment
of Auditors 92,692,929 97.63 2,248,295 2.37 0
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
5
Remuneration
of Auditors 94,879,007 99.93 62,217 0.07 0
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
6
Re-election
of Mr Mike
Salamon as
a Director 91,819,722 96.72 3,115,502 3.28 6,000
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
7
Re-election
of Mr Gavin
Beevers as
a Director 76,381,070 80.45 18,560,154 19.55 0
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
8
Re-election
of Mr Michael
Lynch-Bell
as a Director 91,247,377 96.11 3,693,847 3.89 0
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
9
Re-election
of Mr Clifford
Elphick as
a Director 69,406,983 73.11 25,534,241 26.89 0
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
10
Re-election
of Mr Michael
Michael as
a Director 87,139,622 91.78 7,801,602 8.22 0
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
11
Re-election
of Mr Glenn
Turner as a
Director 73,939,447 79.75 18,776,726 20.25 2,225,051
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
12
Approval of
ESOP 86,882,941 91.51 8,058,283 8.49 0
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
13
Authority to
allot shares 94,936,711 99.99 4,413 0.01 100
---------------------- ----------- -------------- ----------- -------------- ----------
SPECIAL RESOLUTIONS
--------------------------------------------------------------------------------------------
RESOLUTION
14
Disapplication
of pre-emption
rights 94,936,711 99.99 4,413 0.01 100
---------------------- ----------- -------------- ----------- -------------- ----------
RESOLUTION
15
Purchase of
own shares 92,650,234 97.64 2,239,334 2.36 51,656
---------------------- ----------- -------------- ----------- -------------- ----------
1. All resolutions were passed.
2. Votes "For" and "Against" are expressed as a percentage of
votes received.
3. A "Vote withheld" is not a vote in law and is not counted in
the calculation of the % of the shares voted "For" or "Against" a
resolution.
4. The total voting rights of the Company on 6 June 2017 is
138,506,326 Ordinary Shares of US$0.01 each. The Company holds no
Ordinary Shares in Treasury.
5. In accordance with LR 9.6.2, copies of the resolutions passed
as special business will be submitted to the National Storage
Mechanism website and will be available for inspection at
www.morningstar.co.uk/uk/NSM.
6. These poll results will be available shortly on the Company's
website www.gemdiamonds.com
The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.
For further information:
Gem Diamonds Limited
Susan Wallace, Company Secretarial department
Tel: +44 (0)20 3043 0280
ir@gemdiamonds.com
Celicourt Communications
Mark Antelme / Joanna Boon
Tel: +44 (0)20 7520 9266
About Gem Diamonds:
Gem Diamonds is a leading global diamond producer of high value
diamonds. The Company owns 70% of the Letšeng mine in Lesotho and
100% of the Ghaghoo mine in Botswana. The Letšeng mine is famous
for the production of large, top colour, exceptional white
diamonds, making it the highest dollar per carat kimberlite diamond
mine in the world. Since Gem Diamonds' acquisition of Letšeng in
2006, the mine has produced four of the 20 largest white gem
quality diamonds ever recorded. The Ghaghoo mine in Botswana has
been placed on care and maintenance until market conditions allow
for recommencement of production. www.gemdiamonds.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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