FOR IMMEDIATE RELEASE
5 June 2024
Capital Limited
("Capital", the "Group" or the "Company")
Results of Annual General Meeting
The Board of Directors of Capital Limited announces that all resolutions put to shareholders at today's Annual General Meeting ("AGM") were duly passed by the requisite majorities on a poll.
The Company's issued share capital eligible to be voted at the AGM was 196,257,124 shares and 80.2% of the Company's issued share capital was voted at the AGM.
During today's AGM, Peter Stokes (CEO) gave a presentation followed by a Q&A session with Jamie Boyton (Executive Chair), for shareholders. The presentation can be found here.
The scrutineers of the poll were Computershare Investor Services (Jersey) Limited. The full text of each resolution is contained in the Notice of AGM, (also available on the Company's website here). The total number of votes cast for each resolution is set out below:
| RESOLUTION NUMBER | VOTES FOR[1] | % VOTES CAST | VOTES AGAINST | % VOTES CAST | VOTES WITHHELD[2] |
| Ordinary Resolution 1: Adopt the Report & Accounts for year ended 2023 | 155,293,193 | 100 | 0 | 0 | 2,042,153 |
| Ordinary Resolution 2: Approval of the Directors' Remuneration Report for year ended 2023 | 154,585,246 | 98.25 | 2,750,100 |
1.75
| 0 |
| Ordinary Resolution 3: Re-election of Anu Dhir | 157,240,785 | 99.94 | 94,561 | 0.06 | 0 |
| Ordinary Resolution 4: Re-election of Alexander Davidson | 154,270,644 | 99.64 | 558,985 | 0.36 | 2,505,717 |
| Ordinary Resolution 5: Re-election of David Abery | 150,429,820 | 95.61 | 6,905,525 | 4.39 | 1 |
| Ordinary Resolution 6: Re-election of Michael Rawlinson | 153,675,700 | 97.67 | 3,659,646 | 2.33 | 0 |
| Ordinary Resolution 7: Re-election of Jamie Boyton |
152,547,884
| 96.96 | 4,787,462 | 3.04 | 0 |
| Ordinary Resolution 8: Re-election of Peter Stokes | 157,096,590 | 99.85 | 238,756 | 0.15 | 0 |
| Ordinary Resolution 9: Re-election of Brian Rudd | 157,096,690 | 99.85 | 238,656 | 0.15 | 0 |
| Ordinary Resolution 10: Re-election of Catherine (Cassie) Boggs |
153,166,926
| 98.51 | 2,318,419 |
1.49
| 1,850,001 |
| Ordinary Resolution 11: Re-appointment of BDO LLP (auditor) | 155,277,068 | 99.87 | 208,278 | 0.13 | 1,850,000 |
| Ordinary Resolution 12: authorise the Directors to agree the auditor's remuneration | 157,258,804 | 99.95 | 76,542 | 0.05 | 0 |
| Ordinary Resolution 13: authority to allot relevant securities | 154,889,238 | 98.46 | 2,428,621 | 1.54 |
17,487
|
| Special Resolution 14: disapplication of pre-emption rights | 154,849,793 |
98.43
| 2,468,066 | 1.57 | 17,487 |
| Special Resolution 15: market purchase of ordinary shares | 155,439,603 | 98.82 | 1,850,000 | 1.18 | 45,743 |
A copy of the results of the AGM, along with a copy of resolutions passed other than those concerning ordinary business at the AGM, have been submitted to the Financial Services Authority's National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
- ENDS -
For further information, please visit Capital's website www.capdrill.com or contact:
Capital Limited investor@capdrill.com
Peter Stokes, Chief Executive Officer
Rick Robson, Chief Financial Officer
Conor Rowley, Corporate Development & Investor Relations
Tamesis Partners LLP +44 20 3882 2868
Charlie Bendon
Richard Greenfield
Stifel Nicolaus Europe Limited +44 20 7710 7600
Ashton Clanfield
Callum Stewart
Rory Blundell
Buchanan +44 20 7466 5000
Bobby Morse capital@buchanan.uk.com
George Pope
About Capital Limited
Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry. The Company's services include exploration, delineation and production drilling; load and haul services; maintenance; and geochemical analysis. The Group's corporate headquarters are in the United Kingdom, and it has established operations in Côte d'Ivoire, Canada, Democratic Republic of Congo, Egypt, Gabon, Ghana, Guinea, Kenya, Mali, Mauritania, Nigeria, Pakistan, Saudi Arabia, Tanzania and the United States of America.
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