17 January 2024
Kazera Global plc
("Kazera" or "the Company")
Result of AGM
Kazera Global plc, the AIM-quoted investment company, announces that at its Annual General Meeting held today, 17 January 2024, resolutions 1 to 7 were duly passed on a show of hands.
Resolutions 8 and 9, which provided authorities to allot equity securities of the Company up to a maximum nominal amount of £187,266, were withdrawn with the consent of the meeting because insufficient votes were available at the meeting to enable these resolutions to pass.
The Board had proposed resolutions 8 and 9 as it considered the flexibility afforded by these authorities to be in the best interests of the Company without requiring the Company to conduct an additional general meeting. The principal shareholder objecting to the resolutions has been consulted and their position is understood.
The Company's existing authority to allot equity securities as passed at the Annual General Meeting of the Company held on 26 April 2023 remains in full force and effect until 18 July 2024.
The full text of all the resolutions can be found in the Notice of Annual General Meeting, dated 15 December 2023, a copy of which is available on the Company's website at:
www.kazeraglobal.com/reports-presentations
The table below shows the proxy votes received on the resolutions proposed at the General Meeting.
| Resolution | Votes For* | % | Votes Against | % | No. Votes Cast | Votes Withheld** |
| 1 | 272,887,360 | 99.84% | 449,628 | 0.16% | 273,336,988 | 42,000,000 |
| 2 | 272,814,678 | 99.81% | 522,310 | 0.19% | 273,336,988 | 42,000,000 |
| 3 | 272,814,678 | 99.81% | 522,310 | 0.19% | 273,336,988 | 42,000,000 |
| 4 | 272,814,678 | 99.81% | 522,310 | 0.19% | 273,336,988 | 42,000,000 |
| 5 | 272,814,678 | 99.81% | 522,310 | 0.19% | 273,336,988 | 42,000,000 |
| 6 | 272,814,678 | 99.81% | 522,310 | 0.19% | 273,336,988 | 42,000,000 |
| 7 | 272,814,678 | 99.81% | 522,310 | 0.19% | 273,336,988 | 42,000,000 |
| 8 | Withdrawn | |||||
| 9 | Withdrawn | |||||
* Includes discretionary votes
**A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" any of the resolutions
**ENDS**
| Kazera Global plc£ Dennis Edmonds, CEO | kazera@stbridespartners.co.uk£ £ |
| Cavendish Capital Markets Ltd (Nominated Adviser and Broker)£ Derrick Lee / Neil McDonald / Fergus Sullivan (Corporate Finance)£ | Tel: +44 (0)207 220 0500£ |
| St Brides Partners?(Financial PR)£ Paul Dulieu?/?Isabel de Salis? | kazera@stbridespartners.co.uk£ £ |
About Kazera Global?plc
Kazera is a global investment company focused on developing early-stage assets towards meaningful cashflow and production in the resource sector. Its current assets include a diamond mine and Heavy Mineral Sands production in South Africa. The Company intends to leverage its unique board expertise, investment capability and operational proficiency, to facilitate exceptional cash generation and shareholder growth.?
For further information on the Company, please visit:?www.kazeraglobal.com.
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