MWB Business Exchange Announcements

Result of AGM

02 May 2008 13:25:09

MWB Business Exchange Plc
02 May 2008
MWB Business Exchange Plc

Results of Annual General Meeting
The Company announces that at the Annual General Meeting ("AGM") held earlier
today, all resolutions set out in the Notice dated 8th April 2008 were passed
unanimously on a show of hands.
Contacts: MWB Business Exchange Plc Tel: 020 7479 9300
Richard Balfour-Lynn, Chairman
John Spencer, Chief Executive
Keval Pankhania, Finance Director

KBC Peel Hunt Ltd Tel: 020 7418 8900
Capel Irwin
Nicholas Marren

Baron Phillips Associates Tel: 020 7920 3161
Baron Phillips

The votes cast in person and by proxy at the AGM today were as follows:
+-------------------------------------------------------------------------------------------------+----------+-+-------+
|For | |Against| |Abstain|
+-------------------------------------------------------------------------------------------------+----------+-+-------+
|1. To adopt the financial statements of the Company for the year ended
31st December 2007. |55,038,457| |Nil | |Nil |
+-------------------------------------------------------------------------------------------------+----------+-+-------+
|2. To approve the Report on Remuneration of Directors for the year ended
31st December 2007. |55,028,426| |6,031 | |4,000 |
+-------------------------------------------------------------------------------------------------+----------+-+-------+
|3. To approve a final dividend of 1.93p per ordinary share for the year
ended 31st December 2007. |55,038,457| |Nil | |Nil |
+-------------------------------------------------------------------------------------------------+----------+-+-------+
|4. To re-elect Jag Singh as a Director. |54,723,413| |315,044| |Nil |
+-------------------------------------------------------------------------------------------------+----------+-+-------+
|5. To re-elect Gary Spellins as a Director. |54,723,413| |315,044| |Nil |
+-------------------------------------------------------------------------------------------------+----------+-+-------+
|6. To re-appoint KPMG Audit Plc as auditors of the Company. |55,038,457| |Nil | |Nil |
+-------------------------------------------------------------------------------------------------+----------+-+-------+
|7. To grant authority to issue shares under section 80 of the Act. |55,038,457| |Nil | |Nil |
+-------------------------------------------------------------------------------------------------+----------+-+-------+
|8. To grant limited authority to issue shares under section 95 of the Act. |55,038,457| |Nil | |Nil |
+-------------------------------------------------------------------------------------------------+----------+-+-------+
|9. To grant limited authority under section 163(3) of the Act to purchase
shares in the market. |55,036,781| |1,676 | |Nil |
+-------------------------------------------------------------------------------------------------+----------+-+-------+
This information is provided by RNS
The company news service from the London Stock Exchange

All data suppied by Digital Look (15 minute delay)




Risk Warning

There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.

The information contained above has been compiled from documented sources which are believed to be reliable but, due to their very nature, are subject to a degree of historical inaccuracy and have not been independently verified and cannot be guaranteed. The pages on this website are provided for information only. City Equities Limited will not accept responsibility for loss incurred by any person or body acting, or refraining from acting, as a result of information and/or opinions given anywhere on this website. Issued by City Equities Limited, Aldermary House, 10-15 Queen Street, London, EC4N 1TY. Registered in England. Registered No. 2742847. Registered Address: Amwell House, 19 Amwell Street, Hoddeson, Herts. EN11 8TS. City Equities Limited is Authorised and regulated by the Financial Services Authority. Registration No. 155051.