Global Invacom Group Limited
("Global Invacom", the "Company" or the "Group")
Results of Annual General Meeting
Singapore/London, 27 April 2022 - The Board of Directors (the "Board") of Global Invacom is pleased to announce that at the Annual General Meeting ("AGM") of the Company held by electronic means today, all resolutions set out in the notice of AGM dated 12 April 2022 were duly passed by way of a poll.
a) The results of the poll on each of the resolution cast at the AGM are set out below for information:
| Resolution number and details | Total number of shares represented by votes for and against the relevant resolution | For | Against | ||
| Number of shares | As a percentage of total number of votes for and against the resolution (%) | Number of shares | As a percentage of total number of votes for and against the resolution (%) | ||
| Ordinary Resolution 1 Directors' Statement and Audited Financial Statements for the financial year ended 31 December 2021
| 99,388,289 | 99,388,289 | 100 | 0 | 0 |
| Ordinary Resolution 2 Re-election of Mr Kenny Sim Mong Keang as a Director
| 99,388,289 | 99,388,289 | 100 | 0 | 0 |
| Ordinary Resolution 3 Re-election of Mr Gordon Blaikie as a Director
| 99,388,289 | 99,388,289 | 100 | 0 | 0 |
| Ordinary Resolution 4 Approval of payment of Directors' fees for the financial year ending 31 December 2022 amounting to S$294,525, payable quarterly in arears
| 77,208,885 | 77,208,885 | 100 | 0 | 0 |
| Ordinary Resolution 5 Re-appointment of Moore Stephens LLP as Auditors
| 99,388,289 | 99,388,289 | 100 | 0 | 0 |
| Ordinary Resolution 6 Authority to allot and issue Shares
| 99,388,289 | 96,509,389 | 97.10 | 2,878,900 | 2.90 |
| Ordinary Resolution 7 Authority to allot and issue Shares under the Global Invacom Share Option Scheme 2013
| 57,934,183 | 55,055,283 | 95.03 | 2,878,900 | 4.97 |
| Ordinary Resolution 8 Authority to offer and grant Shares under the Global Invacom Performance Share Plan 2013
| 57,934,183 | 55,055,283 | 95.03 | 2,878,900 | 4.97 |
| Ordinary Resolution 9 Renewal of the Share Buyback Mandate
| 99,388,289 | 99,388,289 | 100.00 | 0 | 0 |
b) The details of parties who are required to abstain from voting on the resolution(s), including the number of shares held and the individual resolution on which they are required to abstain from voting are set out below:
| Name of Shareholder | Number of shares | Resolution(s) Abstained |
| Anthony Brian Taylor | 11,139,702 | 7 & 8 |
| Malcolm John Burrell | 11,139,702 | 7 & 8 |
| John Stephen Parfitt | 11,139,952 | 7 & 8 |
c) Agile 8 Advisory Pte. Ltd. was appointed as scrutineer for the polls conducted at the AGM.
BY ORDER OF THE BOARD
Anthony Brian Taylor
Executive Chairman
27 April 2022
For further information, please contact:
| Global Invacom Group Limited | |
| Tony Taylor, Executive Chairman | via Vigo Consulting |
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| Strand Hanson Limited (Nominated Adviser and Broker) | |
| James Harris / Rob Patrick | Tel: +44 20 7409 3494 |
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| Vigo Consulting (UK Media & Investor Relations) | |
| Jeremy Garcia / Kendall Hill | Tel: +44 20 7390 0238 |
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About Global Invacom Group Limited
Global Invacom is a fully integrated satellite equipment provider with sites across Singapore, China, Indonesia, Philippines, Malaysia, Israel, UK and the U.S. Its customers include satellite broadcasters such as Sky Group of the UK and Dish Network of the USA and Data over Satellite providers including Hughes Network Systems, Viasat and Gilat Satellite Networks.
Global Invacom provides a full range of satellite ground equipment including antennas, LNB receivers, transceivers, fibre distribution equipment, transmitters, switches, and video distribution components, as well as manufacturing services for the defence and healthcare sectors. The Group is the world's only full‐service outdoor unit supplier.
Global Invacom is listed on the Mainboard of the Singapore Exchange Securities Trading Limited and its shares are admitted to trading on the AIM Market of the London Stock Exchange.
For more information, please refer to www.globalinvacom.com
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