CLS Holdings plc
(the "Company" or "CLS")
Result of AGM
At the Annual General Meeting ("AGM") of the Company held at 10.00am today all the resolutions as set out in the Notice of Meeting dated 18 March 2016 were unanimously passed on a show of hands. Details of the Proxy votes are shown below and will shortly be available on the Company's website (www.clsholdings.com):
For*
Against
Votes Withheld**
Resolution
Votes
% Votes Cast
Total Votes Cast (excl. Votes Withheld)
Receive and adopt the Annual Report & Accounts
33,373,103
99.80
67,469
0.20
74,459
33,440,572
Approve the Directors' Remuneration Report
29,269,589
87.53
4,171,338
12.47
74,104
33,440,927
Re-elect Henry Klotz as a Director
33,188,393
99.22
261,459
0.78
65,179
33,449,852
Elect Anna Seeley as a Director
31,823,739
95.52
1,493,555
4.48
197,737
33,317,294
Re-elect Fredrik Widlund as a Director
33,384,323
99.61
130,279
0.39
429
33,514,602
Re-elect John Whiteley as a Director
Re-elect Sten Mortstedt as a Director
20,860,433
99.38
0.62
12,524,319
20,990,712
Re-elect Malcolm Cooper as a Director
33,391,793
99.63
122,809
0.37
Re-elect Joseph Crawley as a Director
32,399,453
96.67
1,115,149
3.33
Re-elect Elizabeth Edwards as a Director
33,396,688
99.65
117,914
0.35
Re-elect Christopher Jarvis as a Director
33,390,568
124,034
Re-elect Thomas Lundqvist as a Director
32,021,047
95.54
4.46
Elect Philip Mortstedt as a Director
31,175,382
95.43
4.57
846,094
32,668,937
Re-elect Lennart Sten as a Director
33,396,988
Re-appoint Deloitte LLP as auditors
33,447,719
99.81
62,719
0.19
4,593
33,510,438
Authorise the directors to determine the auditors' remuneration
33,513,664
100.00
938
0.00
Authorise the directors to allot relevant securities
Authorise the directors to make non pre-emptive share allotments
33,513,165
1,437
Authorise the directors to make Tender Offer buy backs
32,963,757
98.52
496,656
1.48
54,618
33,460,413
Authorise the directors to make market purchases of shares
33,145,052
98.90
369,550
1.10
Authorise General Meetings to be called on not less than 14 clear days' notice
33,300,280
99.36
214,322
0.64
Votes of the Independent Shareholders (excluding the voting interest of Companies owned and controlled by Sten Mortstedt as Controlling Shareholder holding 50.70% of the Issued Ordinary Share Capital) on the resolutions concerning the election of the Independent non-executive directors.
Ordinary Resolutions
Re-elect Malcolm Cooper
12,022,364
98.98
12,145,173
Re-elect Elizabeth Edwards
12,027,259
99.03
Re-elect Christopher Jarvis
12,021,139
Re-elect Lennart Sten
* Includes those votes giving the Chairman discretion.
** These votes are not counted towards the votes cast at the AGM.
A copy of the resolutions passed at the AGM will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do
Enquiries:
CLS Holdings plc +44 (0) 20 7582 7766
David Fuller
www.clsholdings.com