INCOME ASSET MANAGEMENT GROUP LIMITED ASX Announcement
4 December 2020
RESULTS OF ANNUAL GENERAL MEETING
Cashwerkz Limited (ABN: 42 010 653 862) (Company) is pleased to advise that the resolutions presented in the Notice of Meeting were put to shareholders at the Company's Annual General Meeting.
The voting on all resolutions was conducted via a poll. Resolutions 2,4,6,7 were passed as ordinary resolutions of the Company and resolution 3 was passed as a special resolution.
Valid proxies received prior to the meeting for all resolutions, together with results of the poll, are attached.
Prior to the Meeting, Resolution 5 - Re-election of Director was withdrawn due to director, Michael Hackett, withdrawing his candidacy to stand. The proxy votes received for this resolution are provided with the meeting results attached.
As at the end of the Meeting, Michael Hackett and Nathan Leman ceased to be directors of the board.
This announcement has been approved for release by the Company's Chairman.
ENDS
For more information pleases contact:
Jon Lechte - CEO
M: +61 418 406 805
- shareholders@cashwerkz.com
About Cashwerkz Limited
The Cashwerkz Limited Group of companies delivers an innovative online cash management marketplace including, Bonds, At Call and Term Deposits. Cashwerkz provides 54 Authorised Deposit taking Institutions access to institutions, financial advisers and direct investors for capital using our proprietary technology. Cashwerkz now includes Cashwerkz Technology, Bond Income and Fund Income as its revenue and asset creating divisions. Listed on the Australian Securities Exchange (ASX: CWZ) the group is headquartered in Australia. The Group consists of the following companies:
- Cashwerkz Limited ABN 42 010 653 862 AFSL 260033;
- Cashwerkz FI Limited ABN 86 111 273 048 AFSL 283119;
- Cashwerkz Technologies Pty Ltd ABN 70 164 806 357 AFSL 459645; and,
- Trustees Australia Limited ABN 63 010 579 058 AFSL 260038
Cashwerkz Limited | P: 1300 784 132 |
Level 1, 262 Adelaide Street | E: shareholders@cashwerkz.com |
Brisbane, QLD 4000 | W: cashwerkz.com |
GPO Box 6 | |
Brisbane, QLD 4000 | ABN 42 010 653 862 |
Cashwerkz Limited
Annual General Meeting
Friday, 04 December 2020
Results of Meeting
The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2. | ||||||||||||
Resolution details | Instructions given to validly appointed proxies | Number of votes cast on the poll | ||||||||||
(as at proxy close) | (where applicable) | |||||||||||
Resolution | Resolution | For | Against | Proxy's | Abstain | For | Against | Abstain* | ||||
Type | Discretion | |||||||||||
1. | Adoption of the Remuneration Report | Ordinary | 15,123,606 | 3,448,062 | 3,000 | 0 | 15,305,529 | 3,448,062 | 0 | |||
81.42% | 18.56% | 0.02% | 81.61% | 18.39% | ||||||||
2. | Change of Auditor | Ordinary | 95,642,573 | 0 | 3,000 | 0 | 95,824,496 | 0 | 0 | |||
100.00% | 0.00% | 0.00% | 100.00% | 0.00% | ||||||||
3. | Approval of 10% Placement Facility | Special | 95,632,573 | 10,000 | 3,000 | 0 | 95,814,496 | 10,000 | 0 | |||
99.99% | 0.01% | 0.00% | 99.99% | 0.01% | ||||||||
4. | Approval of Long Term Incentive Plan | Ordinary | 20,600,129 | 10,000 | 3,000 | 0 | 20,782,052 | 10,000 | 0 | |||
99.94% | 0.05% | 0.01% | 99.95% | 0.05% | ||||||||
5. | Re-election of Director - Michael | Ordinary | Resolution withdrawn prior to Meeting. | |||||||||
Hackett | ||||||||||||
6. | Ratification of Prior Issue - Jon Lechte | Ordinary | 90,156,050 | 3,448,062 | 3,000 | 0 | 90,337,973 | 3,448,062 | 0 | |||
96.31% | 3.68% | 0.00% | 96.32% | 3.68% | ||||||||
7. | Issue of Performance Rights to John | Ordinary | 87,615,948 | 10,000 | 3,000 | 36,360 | 87,797,871 | 10,000 | 36,360 | |||
Nantes | 99.99% | 0.01% | 0.00% | 99.99% | 0.01% | |||||||
8. | Issue of Performance Rights to Craig | Ordinary | 87,615,948 | 10,000 | 3,000 | 36,360 | 87,797,871 | 10,000 | 36,360 | |||
Swanger | 99.99% | 0.01% | 0.00% | 99.99% | 0.01% | |||||||
* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.
Resolution | If s250U | |
Result | applies | |
Carried / | ||
Not Carried | ||
Carried | No | |
Carried | NA | |
Carried | NA | |
Carried | NA | |
Carried | NA | |
Carried | NA | |
Carried | NA | |
Proxy Voting Summary
Cashwerkz Limited
Annual General Meeting
Friday, 4 December 2020
Security Classes
Fully Paid Ordinary Shares
For | Against | Open | Open - Unusable 'in | Totals | Exclusions | Abstain | No Instruction | ||||||||||||||||
favour' | |||||||||||||||||||||||
Resolutions | Holders | Holders | Holders | Holders | Holders | Votes | Holders | Votes | Holders | Votes | Securities | ||||||||||||
Votes | Votes | Votes | Votes | ||||||||||||||||||||
% | % | % | % | % | % | % | % | ||||||||||||||||
1. | Adoption of the Remuneration | ||||||||||||||||||||||
17 | 15,123,606 | 2 | 3,448,062 | 1 | 3,000 | 0 | 0 | 20 | 18,574,668 | 6 | 77,070,905 | 0 | 0 | 3,232,450 | |||||||||
Report | 85.00 | 81.42 | 10.00 | 18.56 | 0 | 0* | 0.00 | 0.00 | |||||||||||||||
5.00 | 0.02 | ||||||||||||||||||||||
0.00 | 0.00 | ||||||||||||||||||||||
2. | Change of Auditor | ||||||||||||||||||||||
25 | 95,642,573 | 0 | 0 | 1 | 3,000 | 0 | 0 | 26 | 95,645,573 | 0 | 0 | 0 | 0 | 3,232,450 | |||||||||
96.15 | 100.00 | 0.00 | 0.00 | 3.85 | 0.00 | 0.00 | 0.00 | ||||||||||||||||
3. | Approval of 10% Placement | ||||||||||||||||||||||
18 | 18,561,668 | 1 | 10,000 | 1 | 3,000 | 0 | 0 | 20 | 18,574,668 | 6 | 77,070,905 | 0 | 0 | 3,232,450 | |||||||||
Facility | 90.00 | 99.93 | 5.00 | 0.05 | 5.00 | 0.02 | 0.00 | 0.00 | |||||||||||||||
4. | Approval of Long Term Incentive | ||||||||||||||||||||||
19 | 20,600,129 | 1 | 10,000 | 1 | 3,000 | 0 | 0 | 21 | 20,613,129 | 5 | 75,032,444 | 0 | 0 | 3,232,450 | |||||||||
Plan | 90.48 | 99.94 | 4.76 | 0.05 | 4.76 | 0.01 | 0.00 | 0.00 | |||||||||||||||
5. | Re-election of Director - Michael | ||||||||||||||||||||||
13 | 14,042,889 | 10 | 78,800,714 | 1 | 3,000 | 0 | 0 | 24 | 92,846,603 | 0 | 0 | 2 | 2,798,970 | 3,232,450 | |||||||||
Hackett | 54.16 | 15.12 | 41.67 | 84.88 | 4.17 | 0.00 | 0.00 | 0.00 | |||||||||||||||
6. | Ratification of Prior Issue - Jon | ||||||||||||||||||||||
22 | 90,156,050 | 2 | 3,448,062 | 1 | 3,000 | 0 | 0 | 25 | 93,607,112 | 1 | 2,038,461 | 0 | 0 | 3,232,450 | |||||||||
Lechte | 88.00 | 96.32 | 8.00 | 3.68 | 4.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||
7. | Issue of Performance Rights to | ||||||||||||||||||||||
21 | 87,615,948 | 1 | 10,000 | 1 | 3,000 | 0 | 0 | 23 | 87,628,948 | 2 | 7,980,265 | 1 | 36,360 | 3,232,450 | |||||||||
John Nantes | 91.30 | 99.99 | 4.35 | 0.01 | 4.35 | 0.00 | 0.00 | 0.00 | |||||||||||||||
8. | Issue of Performance Rights to | ||||||||||||||||||||||
21 | 87,615,948 | 1 | 10,000 | 1 | 3,000 | 0 | 0 | 23 | 87,628,948 | 2 | 7,980,265 | 1 | 36,360 | 3,232,450 | |||||||||
Craig Swanger | 91.30 | 99.99 | 4.35 | 0.01 | 4.35 | 0.00 | 0.00 | 0.00 | |||||||||||||||
- The total number of open votes available to vote by Chair where informed consent applies. Thursday, 03 December, 2020 07:59:51
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Cashwerkz Limited published this content on 04 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2020 22:10:01 UTC
