Kambi

Five extraordinary resolutions (A - E respectively) were presented to the Meeting.

In terms of Clause 135 of the Companies Act (Cap 386), and the proviso to Article 53.2 of the existing Articles of Association of the Company, the required majority for the purposes of this Meeting was not less than 75% in nominal value of the shares represented and entitled to vote at the Meeting, or if more than half in nominal value of all the shares having the right to vote at the meeting was represented at the Meeting, a simple majority in nominal value of such shares so represented would have suffice.

The number of shares represented and entitled to vote at this Meeting corresponded to 29.65% of total shares entitled to vote at the Meeting, of which:

• 100% voted in favour of extraordinary resolution A (Authority to issue and allot shares);
• 96.9% voted in favour of extraordinary resolution B (Authority to issue and allot options);
• 96.9% voted in favour of extraordinary resolution C (Authority to acquire own shares);
• 100% voted in favour of extraordinary resolution D (Amendment to the Memorandum and Articles of Association);
• 100% voted in favour of extraordinary resolution E (Authority to acquire own shares under A. 38 of the revised M&As). 

Therefore: 

• Authority to issue and allot shares - approved;
• Authority to acquire own shares - approved;
• Authority to acquire own shares - approved;
• Amendment to the Memorandum and Articles of Association - approved;
• Authority to acquire own shares under A. 38 of the revised M&As - approved.

 
By order of the Board
 
Sarah Fenech
Company Secretary