November 13, 2007 - 4:45 PM EST
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SNTKY 0.35 0.005
Today 5d 1m 3m 1y 5y 10y
Senetek PLC Announces Status of Annual General Meeting and Status of Voting on Shareholder Resolutions
NAPA, Calif., Nov. 13 /PRNewswire-FirstCall/ -- Senetek PLC (OTC Bulletin Board: SNTKY), a specialty life sciences company engaged in the study of senescense, the science of aging with an initial focus on skincare and dermatological therapeutics, today announced that the Annual General Meeting of Senetek PLC, scheduled for 10:00 a.m. November 12, 2007 at Baker & MacKenzie, London, United Kingdom was adjourned as a result of a lack of a quorum and has been rescheduled to 7:00 a.m. Pacific Time on Monday, December 10, 2007 at the principal executive offices of Senetek PLC, 831A Latour Court, Napa California. The Extraordinary General Meeting of the Company also previously scheduled for November 12, 2007 has also been rescheduled for Monday, December 10, 2007, immediately following the Annual General Meeting.
As of November 12, proxies representing approximately 99.4% of the Company's voting have been received by the Company. The following table summarizes the voting results to date for each resolution to be considered at the rescheduled Annual General Meeting. Please note that proxy voting instructions may be withdrawn or changed prior to the rescheduled Annual General Meeting and, as result, the following information may not be indicative of the actual final vote tallies that will be reported following the conclusion of the rescheduled Annual General Meeting:
FOR AGAINST ABSTAIN
1. To re-elect Anthony
Williams as a Director. 57,515,302 2,645,884 435,187
2. To increase the maximum
number of shares available
under the Senetek Equity
Plan from 5,000,000 to
7,500,000. 36,074,655 23,306,860 1,214,858
3. To consolidate the
Ordinary shares, nominal
value 5p, into Ordinary
shares nominal value 40p. 56,986,565 3,550,543 59,265
4. To receive the Company's
annual accounts for the
financial year ended
December 31, 2006 together
with the last Director's
report and auditors' report
on those accounts, and to
approve the last Directors'
remuneration report. 57,930,294 1,671,136 994,943
5. To appoint Macias Gini &
O'Connell LLP and BDO Stoy
Hayward as the Company's
independent auditors for
the financial year ending
December 31, 2007 at
remuneration to be
determined by the Directors. 58,878,873 1,431,843 285,657
6. To generally and
unconditionally authorize
the Directors, for the
purposes of Section 80 of the
Company Act 1985 (the
'Companies Act') to exercise
all the powers of the Company
to allot relevant securities
(as defined in Section 80 (2)
of the Companies Act) up to an
aggregate nominal amount of
40,000,000 pounds Sterling,
provided that this authority
shall expire on the date five
years from the date on which
this resolution is passed,
except that the Company may,
before the expiry of such period
and the Directors may allot
relevant securities in pursuance
of any such offer or agreement
as if the authority conferred
hereby had not expired, this
authority to replace any
existing like authority which
is hereby revoked with
immediate effect. 55,215,669 3,645,276 1,735,428
7. To empower the Directors,
pursuant to Section 95 of
the Companies Act to allot
equity securities (as defined
in Section 94 of the
Companies Act) pursuant to the
authority conferred upon them
by the above resolution (as
varied by the Company from time
to time in general meeting) as
if Section 89 (1) of the Act
did not apply to such allotment,
provided that the power hereby
conferred shall operate in
substitution for and to the
exclusion of any previous
power given to the Directors
pursuant to Section 95 of the
Companies Act and shall expire
on the date five years from the
date on which this Resolution
is passed unless renewed or
extended prior to such time,
except that the Company may,
before the expiry of any
power contained in this
Resolution, make an offer or
agreement which would, or might,
require equity securities to be
allotted after such expiry and
the Directors may allot equity
securities in pursuance of
such offer or agreement as if
the power hereby had
not expired. 45,553,769 10,487,398 4,555,206
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