• 23 Sep 25
 

Capital Metals PLC - Result of Annual General Meeting

Capital Metals plc | CMET | 4.2 0 0.0% | Mkt Cap: 20.9m


 
RNS Number : 4897A
Capital Metals PLC
23 September 2025
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

23 September 2025

 

Capital Metals PLC

 

("Capital Metals" or the "Company")

 

Result of Annual General Meeting

 

Capital Metals (AIM: CMET), a mineral sands company approaching mine development stage at the high-grade Taprobane Minerals Project in Sri Lanka (the "Project"), announces that at the Annual General Meeting ("AGM") held earlier today all the resolutions put to the meeting were duly approved by shareholders.

 

The numbers of votes for each resolution are presented below:

 

Ordinary Resolution

For

%

Against

%

Withheld

1.

To receive and consider the audited Statement of Accounts and the Reports of the Directors and the Auditor of the Company for the year ended 31 March 2025

205,502,075

99.995%

10,141

0.005%

4,031

2.

To re-appoint Mr Savanth Laleen Sebastian as a director

204,687,075

99.60%

825,141

0.40%

4,031

3.

To re-appoint Mr Aravinda De Silva as a director

205,438,075

99.96%

78,141

0.04%

31

4.

To re-appoint Mr James Leahy as a director

205,434,075

99.96%

78,141

0.04%

4,031

5.

To re-appoint PKF Littlejohn LLP as auditors and to authorise the Directors to fix their remuneration

205,487,075

99.99%

25,141

0.01%

4,031

6.

To grant the directors with authority to allot shares pursuant to Section 551 of the Companies Act 2006

200,598,337

97.61%

4,913,879

2.39%

4,031


Special Resolution






7.

To dis-apply pre-emption rights pursuant to Section 570 of the Companies Act 2006

205,468,976

99.98%

39,515

0.02%

7,756

 

Notes:

1. The "For" Proxy vote includes those giving the Chair of the AGM discretion

2. A vote "Withheld" is not a vote in law and is not included in the proxy votes "For" or "Against" the resolution

 

For further information, please visit www.capitalmetals.com or contact:

 

Capital Metals plc

Greg Martyr (Executive Chairman)

Via Vigo Consulting

Vigo Consulting (Investor Relations)

Ben Simons / Peter Jacob

+44 (0)20 7390 0234

capitalmetals@vigoconsulting.com

Strand Hanson Limited (Nominated Adviser)

Ritchie Balmer / Christopher Raggett / David Asquith

+44 (0) 20 7409 3494

Hannam & Partners (Broker & Financial Adviser)
 Andrew Chubb / Leif Powis

+44 (0)20 7907 8500

 

About Capital Metals

 

Capital Metals is a UK company listed on the London Stock Exchange (AIM: CMET). We are developing the Taprobane Minerals Project in Sri Lanka, approximately 220km east of Colombo, containing industrial minerals including ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade mineral sands projects globally, with potential for further grade and resource expansion. In 2022, a third-party Preliminary Economic Assessment provided a Project NPV of US$155-235m based on existing resources, with further identified optimisation potential. We are committed to applying modern mining practices and bringing significant positive benefits to Sri Lanka and the local community. We expect over 300 direct new jobs to be created and over US$150m in direct government royalties and taxes to be paid.

 

Visit our website:

www.capitalmetals.com

 

Follow us on social media:

 

X: @MetalsCapital

LinkedIn: @Capital Metals plc

 

 

 

 

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