19 September 2023
Chill Brands Group plc
("Chill Brands" or the "Company")
Result of AGM
Chill Brands Group plc (LON:CHLL) (OTCQB:CHBRF), the consumer packaged-goods distribution company, announces that at the Company's Annual General Meeting ("AGM"), held earlier today, all resolutions were duly passed. Each of the resolutions put to the AGM was voted on by way of a poll.
The votes were cast as follows for the resolutions proposed at the meeting:
| Resolution | For | Against | Withheld | Total votes cast | ||
| * indicates special resolution | No. of votes | % | No. of votes | % | | |
| 1. To receive and consider the Company's audited accounts for the year ended 31 March 2023 and reports on those accounts. | 78,747,917 | 99.94 | 1,425 | 0.00 | 46,321 | 78,795,663 |
| 2. To approve the directors' remuneration report (excluding the directors' remuneration policy). | 78,693,137 | 99.87 | 37,278 | 0.05 | 65,248 | 78,795,663 |
| 3. To approve the directors' remuneration policy. | 78,667,131 | 99.84 | 63,284 | 0.08 | 65,248 | 78,795,663 |
| 4. To re-appoint PKF Littlejohn LLP as the Company's auditors. | 78,694,943 | 99.87 | 625 | 0.00 | 100,095 | 78,795,663 |
| 5. To authorise the directors to determine the remuneration of the auditors. | 78,684,167 | 99.86 | 11,401 | 0.01 | 100,095 | 78,795,663 |
| 6. To approve the rules of the Chill Brands Group EMI Share Option Plan. | 78,619,887 | 99.78 | 62,231 | 0.08 | 113,545 | 78,795,663 |
| 7. To approve the alteration to the Chill Brands Group plc Long Term Incentive Plan. | 78,610,675 | 99.77 | 81,443 | 0.10 | 103,545 | 78,795,663 |
| 8. To authorise the directors to allot shares and grant rights in respect of shares. | 78,718,757 | 99.90 | 56,823 | 0.07 | 20,083 | 78,795,663 |
| 9.* To empower the directors to allot equity securities without statutory pre-emption rights in connection with an offer to Shareholders and otherwise up to an amount representing approx. 30% of the issued share capital. | 78,219,022 | 99.27 | 474,096 | 0.60 | 102,545 | 78,795,663 |
| 10.* To empower the directors to grant the right to convert 20,000,000 12% Convertible Loan Notes into 20,000,000 Ordinary Shares. | 78,595,913 | 99.75 | 179,667 | 0.23 | 20,083 | 78,795,663 |
| 11.* To empower the directors to allot equity securities without statutory pre-emption rights for the purposes of the Chill Brands Group plc Long Term Incentive Plan or granting options under the Chill Brands Group EMI Share Option Plan up to an amount representing approx. 10% of the issued share capital. | 78,619,022 | 99.78 | 74,096 | 0.09 | 102,545 | 78,795,663 |
| 12.* To empower the directors to allot equity securities without statutory pre-emption rights for the purposes of financing (or refinancing) certain transactions up to an amount representing approx. 10% of the issued share capital. | 78,619,022 | 99.78 | 74,096 | 0.09 | 102,545 | 78,795,663 |
| 13.* To authorise a general meeting of the Company, other than an annual general meeting, to be called on not less than 14 clear days' notice. | 78,746,243 | 99.74 | 31,787 | 0.04 | 17,633 | 78,795,663 |
Notes
1. All resolutions proposed were passed.
2. Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3. Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.
4. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total Votes Cast" for any resolution.
5. The full text of the resolutions passed at the AGM and to be proposed at the adjourned meeting can be found in the Notice of AGM which is available on the Company's website at www.chillbrandsgroup.com .
6. For further information on the arrangements regarding attendance at the adjourned meeting and proxies for the adjourned meeting, please refer to the notes to the Notice of AGM and the related proxy form which are available on the Company's website at www.chillbrandsgroup.com.
- Ends -
About Chill Brands Group
Chill Brands Group plc (LSE: CHLL, OTCQB: CHBRF) is an international company concerned with the development, production, and distribution of best-in-class hemp-derived CBD products, tobacco alternatives and other consumer packaged goods (CPG) products. The Company operates primarily in the US, where its products are distributed online and via some of the nation's most recognisable convenience retail outlets. The Group's strategy is anchored around lifestyle marketing that is designed to enhance the popularity of its products, channelling visitors to its landmark chill.com website.
Publication on website
A copy of this announcement is also available on the Group's website at:
http://www.chillbrandsgroup.com
Media enquiries:
Chill Brands Group plc contact@chillbrandsgroup.com
| Allenby Capital Limited (Financial Adviser and Broker) Nick Harriss/Nick Naylor/Lauren Wright (Corporate Finance) | +44 (0) 20 3328 5656 |
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