Oxford Biomedica
Result of Annual General Meeting
Oxford, UK - 23 June 2020: Oxford Biomedica plc (LSE:OXB), a leading gene and cell therapy group, announces today that all resolutions proposed were duly passed at its Annual General Meeting (AGM), held today in Oxford.
In accordance with Listing Rule 9.6.18, the following resolutions are those which were passed at the meeting concerning special business:
· Resolution 13: to authorise the Directors, pursuant to section 551 of the Companies Act 2006, to allot shares (or grant rights to subscribe for, or convert securities into, shares), up to an aggregate nominal amount of two-thirds of the presently issued shares, one-third of which may only be used in connection with a rights issue in favour of shareholders;
· Resolution 14: to authorise the Directors to allot equity securities for cash, pursuant to section 570 of the Companies Act 2006 as if section 561 of the Companies Act 2006 did not apply to such allotment, up to an aggregate nominal amount of 5 per cent. of the presently issued shares;
· Resolution 15: to empower the Directors to allot equity securities for cash, pursuant to section 570 of the Companies Act 2006 as if section 561 of the Companies Act 2006 did not apply to such allotment, up to an aggregate nominal amount of 5 per cent. of the presently issued shares in connection with an acquisition or specified capital investment;
· Resolution 16: to adopt new articles of association in order to update the Company's current articles of association, which were adopted in 2010; and
· Resolution 17: to permit the Directors to convene general meetings (other than annual general meetings) on not less than 14 days' notice.
The full text of all the resolutions can be viewed in the Notice of Meeting by visiting the Group's website at www.oxb.com
Copies of the document setting out the above resolutions passed at the 2020 AGM have been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism
The results of the proxy voting in advance of the meeting are shown below. On the Record Date (19 June 2020) there were 77,002,369 ordinary shares of 50 pence each in issue, each carrying one vote per share.
|
Resolution |
Votes For |
Votes at Chairman's Discretion |
Votes at other proxy Discretion |
Votes Against |
Votes Withheld* |
Total votes cast |
Result |
| |
|
|
|
|
|
|
|
| Ordinary resolutions |
|
|
|
|
|
||
| |
|
|
|
|
|
|
|
| 1 |
49,841,735 |
917 |
0 |
0 |
113,171 |
49,842,652 |
Passed |
| |
|
|
|
|
|
|
|
| 2 |
48,970,356 |
917 |
0 |
909,694 |
74,856 |
49,880,967 |
Passed |
| |
|
|
|
|
|
|
|
| 3 |
47,679,014 |
917 |
0 |
2,202,867 |
73,024 |
49,882,798 |
Passed |
| 4 |
|
|
|
|
|
|
WITHDRAWN |
| |
|
|
|
|
|
|
|
| 5 |
49,752,318 |
917 |
0 |
131,635 |
70,953 |
49,884,870 |
Passed |
| |
|
|
|
|
|
|
|
| 6 |
49,751,723 |
917 |
0 |
132,230 |
70,953 |
49,884,870 |
Passed |
| |
|
|
|
|
|
|
|
| 7 |
46,661,012 |
917 |
0 |
3,222,941 |
70,953 |
49,884,870 |
Passed |
| |
|
|
|
|
|
|
|
| 8 |
47,680,935 |
917 |
0 |
2,203,017 |
70,953 |
49,884,869 |
Passed |
| |
|
|
|
|
|
|
|
| 9 |
48,322,433 |
917 |
0 |
1,561,520 |
70,953 |
49,884,870 |
Passed |
| |
|
|
|
|
|
|
|
| 10 |
48,322,702 |
917 |
0 |
1,561,277 |
70,927 |
49,884,896 |
Passed |
| |
|
|
|
|
|
|
|
| 11 |
48,872,224 |
917 |
0 |
7,169 |
75,513 |
49,880,310 |
Passed |
| |
|
|
|
|
|
|
|
| 12 |
49,871,544 |
917 |
0 |
9,284 |
74,078 |
49,881,745 |
Passed |
| |
|
|
|
|
|
|
|
| 13 |
47,858,386 |
917 |
0 |
592,553 |
1,503,967 |
48,451,856 |
Passed |
|
Special resolutions |
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|
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|
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||
| |
|
|
|
|
|
|
|
| 14 |
48,112,773 |
917 |
0 |
336,725 |
1,505,408 |
48,450,415 |
Passed |
| |
|
|
|
|
|
|
|
| 15 |
48,111,711 |
917 |
0 |
337,790 |
1,505,405 |
48,450,418 |
Passed |
| |
|
|
|
|
|
|
|
| 16 |
49,878,294 |
917 |
0 |
1,370 |
75,242 |
49,880,581 |
Passed |
| |
|
|
|
|
|
|
|
| 17 |
49,177,732 |
917 |
0 |
705,017 |
72,157 |
49,883,666 |
Passed |
| |
|
|
|
|
|
|
|
* A vote withheld is not a vote in law and is not counted towards votes cast in respect of a resolution.
-Ends-
| Enquiries: |
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Oxford Biomedica plc
John Dawson, Chief Executive Officer Stuart Paynter, Chief Financial Officer Catherine Isted, Head of Corporate Development & IR
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T: +44 (0)1865 783 000 T: +44 (0)1865 783 000 T: +44 (0)1865 954 161 / E: ir@oxb.com
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| Consilium Strategic Communications
Mary-Jane Elliott/Matthew Neal |
T: +44 (0)20 3709 5700 |
About Oxford Biomedica
Oxford Biomedica (LSE:OXB) is a leading, fully integrated, gene and cell therapy group focused on developing life changing treatments for serious diseases. Oxford Biomedica and its subsidiaries (the "Group") have built a sector leading lentiviral vector delivery platform (LentiVector®), which the Group leverages to develop in vivo and ex vivo products both in-house and with partners. The Group has created a valuable proprietary portfolio of gene and cell therapy product candidates in the areas of oncology, ophthalmology, CNS disorders, liver diseases and respiratory disease. The Group has also entered into a number of partnerships, including with Novartis, Bristol Myers Squibb, Sanofi, Axovant Gene Therapies, Orchard Therapeutics, Santen, Boehringer Ingelheim, the UK Cystic Fibrosis Gene Therapy Consortium and Imperial Innovations, through which it has long-term economic interests in other potential gene and cell therapy products. Additionally the group has signed a Clinical and Commercial Supply Agreement with AstraZeneca for manufacture of the adeno based COVID-19 vaccine candidate, AZN1222. Oxford Biomedica is based across several locations in Oxfordshire, UK and employs more than 550 people. Further information is available at www.oxb.com