10 Jun 2019 16:51
Nasstar plc
("Nasstar", "Company" or "Group")
Result of Annual General Meeting
Nasstar, a provider of hosted managed and cloud computing services, is pleased to announce that at its Annual General Meeting held today, all resolutions put to shareholders were duly passed on a show of hands.
The following table shows the levels of proxies received.
Resolution | Total votes cast | For* | Against | Withheld | |||
Number | % | Number | % | ||||
1 | To receive the 2018 report and accounts | 325,022,421 | 233,561,194 | 71.9 | 91,461,227 | 28.1 | 57,632,183 |
2 | To approve the re-appointment of Grant Thornton UK LLP as auditors | 382,654,604 | 382,653,621 | 100.0 | 983 | 0.0 | 0 |
3 | To authorise the Directors to determine the auditors' Remuneration | 382,654,604 | 382,654,604 | 100.0 | 0 | 0.0 | 0 |
4 | To authorise the Directors to allot shares | 382,654,604 | 382,654,604 | 100.0 | 0 | 0.0 | 0 |
5 | To disapply pre-emption rights | 382,654,604 | 382,654,604 | 100.0 | 0 | 0.0 | 0 |
6 | To approve the payment of the final dividend of 0.09p per ordinary share | 382,654,604 | 382,654,604 | 100.0 | 0 | 0.0 | 0 |
7 | To re-elect Peter Daresbury as a director of the Company | 291,193,377 | 233,561,194 | 80.2 | 57,632,183 | 19.8 | 91,461,227 |
* includes proxies granting discretion
For further information, please contact:-
Nasstar plc +44 (0) 1952 225 000
Nigel Redwood, Chief Executive Officer
Niki Redwood, Finance Director
finnCap Limited (Nominated Adviser & Broker) +44 (0) 20 7220 0500
Julian Blunt, James Thompson (Corporate Finance)
Alice Lane (Corporate broking)
About Nasstar plc
Nasstar (www.nasstar.com) and its wholly owned operating businesses provide hosted managed and cloud computing services, integrating private and public clouds supplying a robust, secure and stable hosted Information Technology service to business customers. The Group provides a true end to end service for clients providing them with enhanced IT performance and greater cost control over their IT function. The Group owns its primary data centre, is head quartered in Telford with regional offices in Northampton, London and Bournemouth whilst 24 x 7 support is delivered from its Auckland office in New Zealand. Nasstar is an accredited Microsoft Gold Partner, is the 2016 Citrix Networking Partner of the Year and is certified to ISO 27001.
Nasstar specialises in building bespoke cloud hosted services to manage a client's entire application set, tailor made to suit specific industries, designing public, private and hybrid cloud solutions to meet the objectives of the client. The solution is a highly scalable service that provides benefits including "Anywhere Access" to computing; a standardised corporate solution that can be accessed globally in multiple languages; generating cost savings when compared to the traditional IT ownership model whilst replacing capital expenditure with a simple usage based payment model.
Nasstar (AIM:NASA) was founded in 1998, admitted to AIM in December 2005, acquired e-know.net Limited in a reverse takeover in January 2014, Kamanchi Limited in July 2014, VESK in October 2015 and Modrus Limited in September 2016.
Ends