22 November 2023
SUNRISE RESOURCES PLC
("Sunrise" or the "Company")
Results of General Meeting & TVR
Sunrise Resources plc (ticker symbol 'SRES') is pleased to announce that at the General Meeting this morning all resolutions were duly passed.
Details of proxy voting and voting at the General Meeting are as follows:
Table of Proxies received - all appointing the Chairman as Proxy
| 1. Ordinary Resolution: That each existing ordinary share of 0.1 pence be subdivided into one Ordinary Share of 0.001 pence and one Deferred Share of 0.099 pence
| ||||||
| Votes For | % of votes cast | Against | % of votes cast | At holders' discretion | % of votes cast | No. Withheld |
| 1,108,955,211 | 96.76% | 37,137,755 | 3.24% | 0 | 0% | 2,000,000 |
| 2. Ordinary Resolution: That, subject to Resolution 1, the Company's entry into and performance of its obligations under the Buy Back Agreement be approved
| ||||||
| Votes For | % of votes cast | Against | % of votes cast | At holders' discretion | % of votes cast | No. Withheld |
| 1,110,838,316 | 96.94% | 35,028,155 | 3.06:% | 0 | 0% | 2,226,495 |
N.B. Votes withheld are not counted in a poll as they are not a vote in law.
In addition to the votes cast by Proxy, the Chairman was appointed as corporate representative for a nominee shareholder in respect of 192,529,545 shares, all of which were voted in favour of both resolutions.
All resolutions were passed unanimously on a show of hands and the Company will now proceed with the share subdivision and the buy back and cancellation of deferred shares as set out in the Circular made available to shareholders and detailed in the Company's news release of 7 November 2023.
It is expected that the New Ordinary Shares will be admitted to trading on AIM at 8.00am tomorrow, 23 November 2023 ("Admission") replacing existing ordinary shares one-for-one. Existing share certificates will remain valid.
Total Voting Rights
Following Admission, the Company's issued share capital consists of 4,095,052,030 ordinary shares of 0.001p each with voting rights. There are no shares currently held in treasury.
.
The total number of voting rights in the Company is therefore 4,095,052,030 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Further information:
| Sunrise Resources plc Patrick Cheetham, Executive Chairman | Tel: +44 (0)1625 838 884 |
|
Beaumont Cornish Limited Nominated Adviser James Biddle/Roland Cornish | Tel: +44 (0)207 628 3396 |
|
Peterhouse Capital Limited Broker Lucy Williams/Duncan Vasey
| Tel: +44 (0)207 469 0930
|
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via a Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.
Shares in the Company trade on AIM.
EPIC: "SRES". Website: www.sunriseresourcesplc.com
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