Chill Brands Group
plc
("Chill Brands" or the
"Company")
Result of general
meeting
Board
changes
Result of general meeting
At the general meeting of the
Company held at 10.00am today (the "GM"), all resolutions proposed at the
general meeting were passed. Details of the voting on each
resolution is set out in the table below.
|
Resolution
|
For
|
%
For
|
Against
|
%
Against
|
Withheld*
|
|
1.
That Graham Duncan be appointed as a director.
|
235,688,150
|
79.89%
|
59,313,093
|
20.11%
|
692,056
|
|
2.
That Aditya Chathli be appointed a director.
|
235,859,697
|
79.88%
|
59,422,834
|
20.12%
|
410,768
|
|
3.
That Antonio Russo be removed as a director.
|
235,467,526
|
79.98%
|
58,955,975
|
20.02%
|
113,049
|
|
4.
That Trevor Taylor be removed as a director.
|
235,467,526
|
79.98%
|
58,955,975
|
20.02%
|
113,049
|
|
5.
That any director appointed subsequent to 15 April be
removed.
|
235,054,817
|
79.94%
|
59,000,832
|
20.06%
|
480,901
|
*A vote "withheld" is not a vote in law and is
not counted towards the votes cast "for" or "against" a
resolution.
The Company will provide a trading
update for the 12 month period ended 31 March 2024 and current
trading shortly.
Board changes
Following the general meeting, the
board of directors of the Company (the "Board") now comprises:
· Aditya
Chathli (Non-Executive Chairman)
· Graham
Duncan (Finance Director)
· Eric
Schrader (Non-Executive Director)
· Callum
Sommerton (Chief Executive)
· Scott
Thompson (Non-Executive Director)
At a Board meeting held earlier
today, Aditya Chathli was appointed as Non-Executive Chairman of
the Company and the Audit Committee will now comprise of Aditya
Chathli and Scott Thompson.
Antonio Russo and Trevor Taylor have
ceased to be directors of the Company with immediate effect, who
have also been removed as subsidiary directors, also with immediate
effect. Both Antonio Russo and Trevor Taylor remain as employees of
the Company.
Callum Sommerton
Following the announcement made by
the Company on 22 April 2024, the Board
have received the preliminary view from Fieldfisher LLP that the
allegations of the use of inside information will not be evidenced
to a sufficient degree. Consequently, the Board have unanimously
agreed to discontinue this investigation and reinstate Callum
Sommerton as Chief Executive Officer, with full responsibilities
for running the day to day operations, with
immediate effect.
Details of the new directors are as
follows:
Graham Duncan
Graham is a UK-based chartered
accountant with more than 25 years' of capital markets experience.
He also holds a Corporate Finance Diploma issued by the Institute
of Chartered Accountants in England and Wales.
Since 2013, Graham has operated a
consultancy business providing transactional support and financial
reporting advice to growing private and public companies in the UK
and internationally, including advising on new admissions to the
Official List of the London Stock Exchange.
He is Chairman of RentGuarantor
Holdings Plc, a company listed on the Apex segment of the Aquis
Stock Exchange. Prior to this, Graham was a capital markets
director with a major firm of Chartered Accountants in London.
Graham has considerable international experience, including four
years in Hong Kong where he advised on corporate transactions in
the Asia Pacific region.
Aditya ("Harry") Chathli
Aditya is a capital markets and
media strategist who has developed and designed successful
communication campaigns to raise the profile of organisations,
companies and government policies over the past 25
years.
Aditya has been the key PR adviser
to clients ranging from FTSE 100 to AIM-listed businesses. He has a
demonstrable track record of success in technology-led businesses
(TMT, Cleantech, Med-tech, Biotech), FMCG, Healthcare, Industrial
& Support Services and Property sectors across UK, Europe,
Middle East, Asia, US and Africa.
He is also an entrepreneur with a
track record of growing successful businesses, mentoring start-up
management teams and identifying sources of growth capital for
businesses. He founded his first PR agency, Corfin Public
Relations, which was acquired by Luther Pendragon in October 2011.
After eight years at Luther, in 2019 he conducted a management buy
out to set up the company now trading as Gracechurch Group. Prior
to establishing Corfin, Harry was an Associate Partner at
Brunswick, which he joined in August 1998 from the International
Division of the Adam Smith Institute where he had been an
international policy advisor for four years. Harry is on the Board
of several private companies and is also Non-executive Chairman at
a Standard-listed company on the Main Market of the London Stock
Exchange.