Results of Meeting (EGM)

Results of Meeting (EGM)

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

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

ResolutionDescriptionForAgainst% For
1Ratification of the prior issue of Placement Shares 1,418,635,942 98,076,52493.5%
2Approval to issue Placement Options 1,417,275,942 109,542,19192.8%
3Approval to issue up to maximum number of Shortfall Shares 1,766,798,786 98,010,93194.7%
4Approval to issue Lead Manager Options (LM Options) 3,996,275,193 110,742,19197.3%
5Approval to issue ELF Shares 3,905,786,306 98,586,52497.5%
6*Approval to provide financial assistance in connection with the issue of ELF Shares 3,980,984,577 123,014,44397.0%
7Approval to issue up to the maximum number of Placement Fee Shares 3,986,180,941 112,028,77697.3%
8Approval to issue up to the maximum number of Placement Fee Options 3,986,375,348 111,834,36997.3%
9Approval to issue up to the maximum number of SPP Fee Shares 3,987,735,348 110,724,36997.3%
10Consolidation of the Company’s issued capital 3,945,637,135 164,278,24996.0%
11*Amendment of Company Constitution 4,001,288,786 96,920,93197.6%

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

ResolutionResult
Resolution 1 Ratification of the prior issue of Placement SharesPassed unanimously via an electronic poll
Resolution 2 Approval to issue Placement OptionsPassed unanimously via an electronic poll
Resolution 3 Approval to issue up to maximum number of Shortfall SharesPassed unanimously via an electronic poll
Resolution 4 Approval to issue Lead Manager Options (LM Options)Passed via an electronic poll with 92% in favour
Resolution 5 Approval to issue ELF SharesPassed via an electronic poll with 83% in favour
Resolution 6* Approval to provide financial assistance in connection with the issue of ELF SharesPassed via an electronic poll with 92% in favour
Resolution 7 Approval to issue up to the maximum number of Placement Fee SharesPassed via an electronic poll with 91% in favour
Resolution 8 Approval to issue up to the maximum number of Placement Fee OptionsPassed via an electronic poll with 92% in favour
Resolution 9 Approval to issue up to the maximum number of SPP Fee SharesPassed unanimously via an electronic poll
Resolution 10 Consolidation of the Company’s issued capitalPassed via an electronic poll with 92% in favour
Resolution 11* Amendment of Company ConstitutionPassed via an electronic poll with 91% in favour

*Special Resolution

For Further Information, contact:

Adam Giles – Company Secretary            [email protected]