ACCESS Newswire
10 Jun 2021, 22:35 GMT+10
Results of 2021 Annual General Meeting
LONDON, UK / ACCESSWIRE / June 10, 2021 / Gamesys Group plc (the 'Company') (LSE:GYS), a leading global online bingo-led operator, announces that at the Company's Annual General Meeting held on Thursday 10 June 2021, all of the resolutions, as set out in the Notice of Annual General Meeting, were duly passed.
Resolutions 1 to 18 (inclusive) were passed as ordinary resolutions and resolutions 19 to 22 (inclusive) were passed as special resolutions.
All resolutions were voted on by means of a poll. The results of the poll incorporating proxy votes lodged in advance of the meeting are set out below:
Notes:
Votes 'For' and 'Against' are expressed as a percentage of the total votes received.
A 'Vote withheld' is not treated as a vote in law and would not be counted in the calculation of the proportion of the votes cast 'For' or 'Against' a resolution.
The current issued share capital of the Company consists of 109,718,519 ordinary shares of 10 pence each, carrying one vote each. Therefore, the total number of ordinary shares in the Company with voting rights is 109,718,519.
In accordance with Listing Rule 9.6.2 copies of all resolutions other than resolutions concerning ordinary business passed at the Company's Annual General Meeting will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Resolution 2 - Directors' remuneration report
While Resolution 2 to approve the Directors' Remuneration Report was passed with 72.1% voting in favour, we note that a minority of shareholders chose not to support this resolution. The Board understands that the reasons for this relate to (i) the COO's externally-benchmarked salary increase which took effect on 1 January 2021 and (ii) the decision not to pro rate the Chair's annual bonus following his return to non-executive status on 1 October 2020. As explained in the Director's Remuneration Report, (i) reflects the material change in the scale and complexity of the business and the COO's significantly increased role and responsibilities and (ii) was in recognition of the accelerated achievement of the Chair's performance metrics, his key role in engagement with the Betting and Gaming Council and the successful programme of integration following the transformative merger of the previous year. Both items were included in the shareholder consultation undertaken earlier this year regarding the new Remuneration Policy. The Policy received support with 94.1% of shareholders in favour. In the second half of 2021 we will re-engage with those shareholders who voted against Resolution 2 and carefully consider feedback received.
About Gamesys Group plc
Gamesys Group plc is the parent company of an online gaming group that provides entertainment to a global consumer base. Through its subsidiaries, Gamesys Group plc currently offers bingo and casino games to its customers using brands which include Jackpotjoy (www.jackpotjoy.com), Virgin Games (www.virgingames.com), Botemania (www.botemania.es), Vera&John (www.verajohn.com), Heart Bingo (www.heartbingo.co.uk), Monopoly Casino (www.monopolycasino.com), Rainbow Riches Casino (www.rainbowrichescasino.com) and MEGAWAYS Casino (www.megawayscasino.com). For more information about Gamesys Group plc, please visit www.gamesysgroup.com.
Enquiries:
Gamesys Group plc
Dan Talisman, Chief Legal Officer & Company Secretary
+44 (0)20 7478 8100
[email protected]
Finsbury
James Leviton
Robert Allen
+44 (0) 207 251 3801
[email protected]
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
SOURCE: Gamesys Group PLC
Get a daily dose of Miami Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Miami Mirror.
More InformationAUSTIN/SAN FRANCISCO: Two of the world's leading job search platforms, Indeed and Glassdoor, are set to eliminate around 1,300 positions...
NEW YORK CITY, New York: Bitcoin surged to a new all-time high this week, buoyed by growing institutional interest and a wave of pro-crypto...
SHENZHEN, China: As global chip competition intensifies, Huawei Technologies is exploring new markets in the Middle East and Southeast...
LONDON/NEW YORK CITY: American grocery bills may be headed higher as coffee and orange juice prices face upward pressure from new tariffs...
BATTLE CREEK, Michigan: In a major consolidation of iconic food brands, WK Kellogg has agreed to be acquired by the owner of Ferrero...
WASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...
NEW DELHI, India: A preliminary investigation into the Air India crash on June 12 in Ahmedabad has revealed that a shift in the fuel...
BRUSSELS, Belgium: Meta is holding firm on its controversial pay-or-consent model, a move that could lead to fresh antitrust charges...
LONDON, U.K.: American consumers and businesses could soon face the highest overall tariff burden in more than a century, according...
The family of Sayfollah Saif Musallet, a 20-year-old American citizen who was beaten to death by Israeli settlers in the occupied West...
CONCORD, New Hampshire: A federal judge in New Hampshire issued a crucial ruling on July 10 against President Donald Trump's executive...
DUBAI, U.A.E.: A cargo ship flagged under Liberia, known as the Eternity C, sank in the Red Sea following an attack executed by Yemen's...