Released: 12/11/2009
http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20091112:RnsL3941C
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RNS Number : 3941C
International Ferro Metals Limited
12 November 2009
International Ferro Metals Limited
("IFL" or the "Company")
RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING HELD ON 12 NOVEMBER 2009
In accordance with Listing Rule 9.6.2 please find attached two copies of the
resolutions passed at the Annual General Meeting of the company held today. As
required by the Company's constitution all resolutions were put to the vote by a
show of hands of the shareholders present in person at the meeting.
PROXY VOTES AT ANNUAL GENERAL MEETING HELD ON 12 NOVEMBER 2009
Proxies In Favour Against Abstain
Item 1 231,754,163 96,792,536 -
Item 2 269,043,433 68,356,027 -
Item 3 272,829,217 64,570,243 -
Item 4 Withdrawn as the person involved retired before the
meeting
Item 5 272,842,156 65,594,004 -
Item 6 246,402,219 90,487,597 -
For more information please visit the Company's website, www.ifml.com or
contact:
International Ferro Metals Limited
David Kovarsky, Managing Director
Mob: +27 82 650 1192
About International Ferro Metals:
IFL is a ferrochrome producer that has recently commenced shipments from its
integrated chromite mine and ferrochrome processing operations in South Africa
for use in the global stainless steel industry.
RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING HELD ON 12 NOVEMBER 2009
Resolution
"That Remuneration Report contained in the Financial Statements for the
financial year ended 30 June 2009 is adopted."
Resolution
"That, in accordance with clause 21.3 of the Constitution of the Company, Mr
Stephen Turner retires by rotation, and being eligible, is re-elected as a
Director of the Company."
Resolution
"That, in accordance with clause 21.3 of the Constitution of the Company, Mr
Stephen Oke retires by rotation, and being eligible, is re-elected as a Director
of the Company".
Resolution
"That clause 3.7 of the Company's Constitution be amended by reducing the period
in which a pre-emption offer may be accepted by Shareholders from 21 days to 14
days."
Resolution
"That the Directors be and are hereby authorised to allot equity securities for
cash in accordance with new clause 3 of the Company's Constitution provided that
such powers shall be limited to the allotment of up to 55,400,805 equity
securities (such authority to expire at the conclusion of the next Annual
General Meeting of the Company or, if earlier, 30 November 2010). The foregoing
power shall allow and enable the Directors to make an offer or agreement before
the expiry of that power which would or might require securities to be allotted
after such expiry as if the power conferred hereby had not expired."
This information is provided by RNS
The company news service from the London Stock Exchange
END
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