2020 AGM Results of Meeting

2020 AGM Results of Meeting

Environmental Clean Technologies Limited (ECT or Company) (ASX:ECT) provides the results of its 2020 Annual General Meeting held today. 

Manner in which the security holder directed the proxy vote (as at proxy close):

ResolutionForAgainst% For
1 Remuneration Report* 3,367,867,209 134,642,55196.16%
2 Change of Auditor 3,668,553,361 4,44799.9999%
3 Election of Hon Neil O’Keefe 3,656,690,689 13,200,00099.64%
4 Re-election of Mr Ashley Moore 3,652,443,536 16,570,00099.55%
5 Approval of the issue of new shares to Directors, partially in lieu of Directors’ fees 3,432,823,723 119,766,51696.63%
6 Approval of the issue of shares and options, which will be held as security by an Equity Lending Facility (ELF) loan, to LJ & K Thomson Pty Ltd or nominee(s)* 1,743,464,340 138,780,23192.63%
7 Approval of the issue of shares and options, which will be held as security by an ELF loan, to Challenge Bricks and Roofing Pty Ltd or nominee(s)* 2,468,187,994 138,980,23194.67%

Manner in which votes were cast in person or by proxy:

ResolutionResult
1 Remuneration Report*Passed via an electronic poll with 87% in favour
2 Change of AuditorPassed unanimously via an electronic poll
3 Election of Hon Neil O’KeefePassed unanimously via an electronic poll
4 Re-election of Mr Ashley MoorePassed unanimously via an electronic poll
5 Approval of the issue of new shares to Directors, partially in lieu of Directors’ feesPassed via an electronic poll with 94% in favour
6 Approval of the issue of shares and options, which will be held as security by an Equity Lending Facility (ELF) loan, to LJ & K Thomson Pty Ltd or nominee(s)*Passed via an electronic poll with 93% in favour
7 Approval of the issue of shares and options, which will be held as security by an ELF loan, to Challenge Bricks and Roofing Pty Ltd or nominee(s)*Passed via an electronic poll with 93% in favour

*Special Resolution

For Further Information, contact:

Adam Giles – Company Secretary            [email protected]