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RNS Number : 9279D

All Active Asset Capital Limited

24 February 2020

24 February 2020

All Active Asset Capital Limited

("AAAC" or "the Company")

Result of Extraordinary General Meeting

AAAC announces that all resolutions proposed at the Extraordinary General Meeting of the Company held earlier today were duly passed.

The proxy voting results for the resolutions are included below:

 
 Resolution                  Votes For    % of     Votes      % of     Total votes   % of 
                                           votes    Against    votes    cast          issued 
                                           cast                cast                   share 
                                                                                      capital 
                                                                                      voted 
 Resolution 1 - To 
  authorise the directors 
  to allot shares in 
  the Company or grant 
  rights to subscribe 
  for or to convert 
  any security into 
  shares in the Company 
  over up to 569,290,750 
  ordinary shares.           15,014,575   100%     -          -%       15,014,575    4.7% 
                            -----------  -------  ---------  -------  ------------  --------- 
 Resolution 2 - To 
  authorise the directors 
  following completion 
  of the Placing to 
  allot shares in the 
  Company or grant 
  rights to subscribe 
  for or to convert 
  any security into 
  shares in the Company 
  over up to 569,290,750 
  ordinary shares for 
  cash.                      15,014,575   100%     -          -%       15,014,575    4.7% 
                            -----------  -------  ---------  -------  ------------  ---------

Application has been made to the London Stock Exchange for the 125,214,678 Second Placing Shares to be issued pursuant to the Second Placing to be admitted to trading on AIM. It is expected that Second Admission will become effective and dealings in the Second Placing Shares will commence at 8:00 a.m. on or around 25 February 2020.

Upon Second Admission, the Company's issued ordinary share capital will consist of 444,076,072 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 444,076,072. With effect from Second Admission, this figure may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.

Capitalised terms used but not defined in this announcement shall have the meanings given to such terms in the announcement issued by the Company dated 5 February 2020 unless otherwise defined herein.

For further information:

 
 All Active Asset Capital Limited 
 Robert Berkeley, Executive Chairman and 
  Finance Director 
  James Normand, Executive Director 
 Tel: +44 (0) 7779 799431 
 www.aaacap.com 
 
 Allenby Capital Limited (Nominated Adviser 
  and Joint Broker) 
 Nick Athanas / Alex Brearley 
  Tel: +44 (0) 203 328 5656 
  www.allenbycapital.com 
 
 Peterhouse Capital Limited (Joint Broker) 
 Lucy Williams / Duncan Vasey / Eran Zucker 
  Tel: +44 (0) 20 7469 0930 
  www. peterhousecap.com

About AAAC

AAAC is an investment company that has been established as a platform for investors looking to access growing markets in the Asia-Pacific and European regions. The Company invests in a portfolio of companies with at least a majority of operations (or early-stage companies that intend to have at least a majority of their operations) in the Asia-Pacific or European regions in industries with high growth potential including, but not limited to: agriculture, forestry and plantations, mining, natural resources, property, and/or technology. AAAC is publicly quoted and its shares are traded on the AIM Market, which is operated by the London Stock Exchange.

--ENDS--

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END

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February 24, 2020 07:24 ET (12:24 GMT)

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