30 May 2023
SPORTECH PLC
('Sportech', the 'Company' or the 'Group')
Result of Annual General Meeting
The Annual General Meeting of Sportech plc was held today, Tuesday, 30 May 2023 and all resolutions put to the AGM were voted on by poll and were passed by shareholders. The results of the poll voting are given below:
The results were as follows:
| Resolution | For | Against | Withheld | Total votes cast | | ||
| | No. of votes | % | No. of votes | % |
|
| |
| 1. Ordinary Resolution - to receive and adopt the Annual Report and Accounts
| 63,914,291 | 100.00% | 0 | 0.00% | 5,240 | 63,914,291 | |
| 2. Ordinary Resolution - to receive and approve the Directors' Remuneration Report
| 63,889,283 | 99.95% | 30,248 | 0.05% | 0 | 63,919,531 | |
| 3. Ordinary Resolution - to elect Paul Humphreys as a Director
| 63,914,291 | 99.99% | 5,240 | 0.01% | 0 | 63,919,531 | |
| 4. Ordinary Resolution - to re-elect Richard McGuire as a Director
| 63,889,283 | 99.95% | 30,248 | 0.05% | 0 | 63,919,531 | |
| 5. Ordinary Resolution - to re-elect Clive Whiley as a Director
| 63,914,291 | 99.99% | 5,240 | 0.01% | 0 | 63,919,531 | |
| 6. Ordinary Resolution - to re-appoint BDO LLP as auditors
| 63,912,970 | 99.99% | 6,561 | 0.01% | 0 | 63,919,531 | |
| 7. Ordinary Resolution - to authorise the Directors to determine the auditor's fees
| 63,914,291 | 99.997% | 2,000 | 0.003% | 3,240 | 63,916,291 | |
| 8. Ordinary Resolution - to authorise the Company to make political donations
| 63,879,975 | 99.94% | 39,556 | 0.06% | 0 | 63,919,531 | |
| 9. Ordinary Resolution - To authorise the Directors to allot shares
| 63,889,283 | 99.95% | 30,248 | 0.05% | 0 | 63,919,531 | |
| 10. Special Resolution - To authorise the Directors to disapply pre-emption rights (general authority)
| 63,887,296 | 99.95% | 32,235 | 0.05% | 0 | 63,919,531 | |
| 11. Special Resolution - To disapply pre-emption rights (specific capital investment)
| 63,887,296 | 99.95% | 32,235 | 0.05% | 0 | 63,919,531 | |
| 12. Special Resolution - To authorise the Directors to make market purchases of the Company's own Ordinary shares.
| 63,884,283 | 99.94% | 35,248 | 0.06% | 0 | 63,919,531 | |
| 13. Special Resolution - To authorise calling of a general meeting other than annual general meetings on 14 clear days' notice.
| 63,889,283 | 99.95% | 30,248 | 0.05% | 0 | 63,919,531 | |
Statement regarding voting results
The Company welcomes shareholder engagement and appreciates continued support, noting the passing of all proposed Resolutions.
Notes:
A vote withheld is not a vote in law and is not counted in the calculation of the percentage of the votes validly cast for or against a resolution.
As at the time of the meeting, the Company had 100,000,000 ordinary shares of 1 pence each in issue and as such this has been used to calculate the percentage of votes in favour or against each resolution. Each of these shares carry one vote. The Company held no shares in treasury.
Publication on website
A copy of this announcement and he proxy figures for the resolutions is also available on the Company's website at www.sportechplc.com.
Contacts:
| Sportech PLC
Richard McGuire, Non-Executive Chairman Clive Whiley, Senior Independent Director
| enquiries@sportechplc.com
|
|
Peel Hunt (Nominated Adviser & Broker)
George Sellar Andrew Clark Lalit Bose
|
Tel: +44 (0) 20 7418 8900
|
Notes to Editors:
About Sportech
Sportech operates in the gaming market and has two main businesses. Firstly, it runs Sports Bars and other betting venues in Connecticut, USA, where it has an exclusive license to offer pari-mutuel wagering, it also has a distribution agreement with the Connecticut Lottery Corporation to provide retail sports betting. Secondly, Sportech provides online gaming through two separate lines of business. Mywinners.com operates under an exclusive license to offer pari-mutuel betting online in Connecticut, while 123bet.com offers pari-mutuel betting online across the wider USA.
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