ALIBABA PICTURES GROUP LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated in Bermuda with limited liability)
(Stock Code: 1060) POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON JUNE 24, 2016The Board is pleased to announce that the Ordinary Resolutions set out in the Notice were duly passed by way of poll by the Shareholders at the AGM held on June 24, 2016.
Reference is made to the notice of the annual general meeting (the "AGM") of Alibaba Pictures Group Limited (the "Company") dated April 28, 2016 (the "Notice") and the circular of the Company dated April 28, 2016 (the "Circular"). Unless the context otherwise requires, capitalized terms used herein shall have the same meanings as those defined in the Circular.
POLL RESULTS OF THE AGMThe board of directors of the Company (the "Board") is pleased to announce that the ordinary resolutions (the "Ordinary Resolutions") set out in the Notice were duly passed by way of poll by the shareholders of the Company (the "Shareholders") at the AGM held on June 24, 2016. Details of the poll results in respect of the Ordinary Resolutions proposed at the AGM are as follows:
Ordinary Resolutions | No. of Votes (%) | |||
For | Against | |||
1. | To receive and consider the audited consolidated financial statements and the reports of the directors and the auditor of the Company for the year ended December 31, 2015. | 13,882,203,684 (100.000%) | 0 (0.000%) | |
2. | (i) | (a) To re-elect Mr. Zhang Qiang as executive director. | 13,876,709,198 (99.960%) | 5,514,486 (0.040%) |
(b) To re-elect Mr. Deng Kangming as executive director. | 13,874,839,198 (99.947%) | 7,384,486 (0.053%) | ||
(c) To re-elect Ms. Zhang Wei as executive director. | 13,874,839,198 (99.947%) | 7,384,486 (0.053%) | ||
(d) To re-elect Mr. Fan Luyuan as executive director. | 13,874,839,198 (99.947%) | 7,384,486 (0.053%) | ||
(e) To re-elect Ms. Song Lixin as independent non-executive director. | 13,882,093,683 (99.999%) | 130,001 (0.001%) | ||
(f) To re-elect Mr. Tong Xiaomeng as independent non-executive director. | 13,882,093,683 (99.999%) | 130,001 (0.001%) | ||
(g) To re-elect Mr. Johnny Chen as independent non-executive director. | 13,858,205,723 (99.827%) | 24,017,961 (0.173%) | ||
(ii) To authorize the board of directors to fix the directors' remuneration. | 13,880,849,984 (99.996%) | 593,620 (0.004%) | ||
3. | To re-appoint PricewaterhouseCoopers as the auditor of the Company and authorize the board of directors to fix its remuneration. | 13,878,830,603 (99.976%) | 3,393,001 (0.024%) | |
4. | To grant a general mandate to the directors to issue additional securities of the Company, not exceeding 20% of the issued share capital of the Company at the date of the passing of this resolution. | 13,220,853,813 (95.353%) | 644,269,791 (4.647%) | |
5. | To grant a general mandate to the directors to buy back shares of the Company, not exceeding 10% of the issued share capital of the Company at the date of the passing of this resolution. | 13,865,133,604 (100.000%) | 0 (0.000%) | |
6. | To extend the general mandate regarding the issue of securities of the Company by the amount of shares bought back under the general mandate for the buy-back of shares. | 13,272,100,248 (95.723%) | 593,023,356 (4.277%) | |
7. | To authorize the board of directors to appoint up to a maximum number of thirteen (13) directors. | 13,864,143,604 (99.993%) | 980,000 (0.007%) | |
As at the date of the AGM, the total number of Shares of the Company (the "Shares") in issue was 25,234,561,410 Shares, which was the total number of Shares entitling the Shareholders to attend and vote for or against all the Ordinary Resolutions proposed at the AGM. There were no Shares entitling the Shareholders to attend and abstain from voting in favour of the Ordinary Resolutions proposed at the AGM as set out in Rule 13.40 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and there were no Shares requiring the Shareholders to abstain from voting on the Ordinary Resolutions proposed at the AGM under the Listing Rules. There was no restriction on any Shareholders to cast votes on any of the Ordinary Resolutions proposed at the AGM and there was no party who had stated his/her/its intention in the Circular to vote against or to abstain from voting on the Ordinary Resolutions proposed at the AGM.
The Company's branch share registrar and transfer office in Hong Kong, Tricor Secretaries Limited, was appointed as the scrutineer for the vote-taking at the AGM.
On behalf of the Board
Alibaba Pictures Group Limited Shao XiaofengChairman
Hong Kong, June 24, 2016
As at the date of this announcement, the Board comprises Mr. Shao Xiaofeng, Mr. Zhang Qiang, Mr. Deng Kangming, Ms. Zhang Wei and Mr. Fan Luyuan, being the executive Directors; Mr. Li Lian Jie, being the non- executive Director; and Ms. Song Lixin, Mr. Tong Xiaomeng and Mr. Johnny Chen, being the independent non- executive Directors.
Alibaba Pictures Group Limited published this content on 24 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 June 2016 10:21:01 UTC.
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