Results of WasteCo Group Limited Annual Shareholder Meeting

At WasteCo Group Limited’s shareholder meeting, held today, shareholders were asked to vote on 3 resolutions, which was supported by the Board.

As required by NZX Listing Rule 6.1, all voting was conducted by a poll.

The resolutions passed by shareholders were:

• To record the re-appointment of Deloitte as auditor of the Company and to authorise the Directors to fix the auditors’ remuneration for the ensuing year.

• That the Directors of the Company are authorised issue up to 33,934,911 options to acquire ordinary shares in the Company (Options), to employees, contractors, and non-executive Directors of the Company and its subsidiaries on the terms set out in the Explanatory Notes accompanying this Notice of Meeting.

• That the Directors of the Company are authorised to issue up to 127,255,915 new ordinary fully paid shares in the Company to wholesale investors (New Shares) each at an issue price equal to the Volume Weighted Average Price ("VWAP") of the Company's shares traded on the NZX during the 20 trading days up to the issue date of the New Shares, at any time during the course of the 12 month period following the date of the Annual Meeting, such New Shares when issued, shall rank pari passu (equally) with all existing ordinary shares of the Company.

Details of the total number of votes cast in person or by a proxy holder are set out in the attachment.

---

Announcement PDF