Fenikso Limited
Results of Annual General Meeting
29 July 2025: Fenikso Limited (AQSE: FNK) (the " Company "), the Cayman Islands litigation asset company, announces the results of its Annual General Meeting (" AGM ") of the Company held on 29 July 2025.
Following a vote by shareholders with a combined share capital of 90,378,619 ordinary shares representing 18.33% of the issued share capital of the Company, results on each of the resolutions put to the AGM are as set out below. Resolutions 1 to 6 were ordinary resolutions requiring a simple majority of votes cast to pass. Resolutions 7 to 9 were special resolutions requiring a majority of not less than 75% of votes cast to pass.
Following consultation with certain shareholders, Resolution 8 as proposed in the Notice of AGM was not put to the AGM. The Company will seek to engage with shareholders in due course regarding the intention behind such resolution. All of the remaining resolutions put to the AGM were duly passed.
| Resolution |
Voting Result |
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| |
|
|
|
|
| |
For |
Against |
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|
|
|
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| 1 Approve Annual Reports and Accounts |
88,396,436
|
97.82% |
1,972,340 |
2.18 % |
| 2 Re-elect Thomas Richardson as a director |
87,344,736 |
96.64% |
3,033,883 |
3.36 % |
| 3 Re-elect Marco D'Attanasio as a director |
68,632,052 |
75.94 % |
21,746,567 |
24.06 % |
| 4 Re-elect Dipo Sofola as a director |
87,270,736 |
96.56 % |
3,107,883 |
3.44 % |
| 5 Re-appoint Bright Grahame Murray as auditors |
88,404,279 |
97.82 % |
1,974,340 |
2.18 % |
| 6 Authorise remuneration of auditors |
87,346,736 |
96.64 % |
3,031,883 |
3.36 % |
| 7 Approve e lectronic distribution of Annual Returns and Financial Statements |
90,738,619 |
100.00 % |
0 |
0.00% |
| 8 Authority for Directors to allot up to 162,674,418 ordinary shares |
Withdrawn |
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| 9 Authority for Directors to make market purchases of up to 123,238,196 ordinary shares |
71,665,935 |
79.29 % |
18,712,684 |
20.71 % |
The Company notes that more than 20% of the votes cast on resolutions 3 and 9 were voted against such resolutions (although such resolutions were validly passed). The Company intends to engage with its major shareholders to understand the basis for such votes.
For further information, please visit www. feniksoltd.com or contact:
| Fenikso Limited Thomas Richardson, Chairman |
info@feniksoplc.com
|
| First Sentinel Corporate Finance Ltd (AQSE Corporate Adviser) Brian Stockbridge |
+44 20 3855 5551 |
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