Bulletin from the 2021 Annual General Meeting (AGM) Of Aspire Global Plc
Today, 6 May 2021, the Annual General Meeting (AGM) of Aspire Global adopted the Consolidated Financial Statements for the 2020 fiscal year, discharged the Board of Directors and CEO from liability and re-elected the Board of Directors and the Chairman until the end of the next AGM.
VENUE FOR THE AGM AND ELECTORAL REGISTER
Aspire Global’s Annual General Meeting 2021 took place at Aspire Global’s Head Office in Malta. Due to the current pandemic, shareholders participated remotely while formal attendance and voting was done by proxy. The meeting was attended by shareholders holding a total of 7,550,018 shares, which represents 16.25% of the issued share capital and votes in the company. Also the attending Board members participated remotely.
CONSOLIDATED FINANCIAL STATEMENTS AND DISCHARGE FROM LIABILITY
The AGM resolved to adopt the Consolidated Financial Statements for the 2020 fiscal year and to discharge the Board of Directors and CEO from liability.
DIVIDEND
The meeting resolved not to declare any dividends for the 2020 fiscal year, in accordance with the Consolidated Financial Statements of the company for the 2020 fiscal year, and the recommendation as set forth in the Annual Report.
THE BOARD OF DIRECTORS – MEMBERS AND FEES
The meeting resolved that the number of Board members should be four. Current Board members Carl Klingberg (Chairman), Fredrik Burvall, Aharon Aran and Barak Matalon were re-elected as Board members for the period until the end of the next annual general meeting. Carl Klingberg was re-elected as Chairman of the Board.
The meeting also resolved on the fees for the Board and the Chief Executive Officer, which remained the same as last year: the aggregate amount for one year payable to the Board members for carrying out their duties shall not exceed €300,000 while the aggregate gross amount for one year payable to Tsachi (Isaac) Maimon for his duties as CEO of the Company shall not exceed €600,000 (base salary and variable remuneration).
AUDITOR – ELECTION AND FEES
The meeting re-elected current auditor BDO for the period until the end of the next annual general meeting and approved the Board’s proposal according to which the auditor’s fees shall be payable in accordance with approved invoices.
FIRST AND SECOND EXTRAORDINARY RESOLUTIONS WITHDRAWN
The First Extraordinary Resolution (item 16): Approval of two new share options pools for up to 700,000 ordinary shares equivalent to around 1.51% of the outstanding shares of the Company, and the Second Extraordinary Resolution (item 17) Approval of extension to the expiry dates of the 2017-2022 employees’ and directors’ options plans, were withdrawn in their entirety. The Board noted that, due to the low percentage of shares represented at the AGM as a result of third-party technical errors, it considered it prudent for the two proposals included in items 16 and 17 to be decided upon by a more representative number of shares, due to their considerable importance to the Company. The Board reserved its right to propose the same items under the same or an amended form for consideration and resolution by the shareholders at another general meeting at a later date. The annual general meeting unanimously resolved to approve the agenda as amended.
For more information, please contact:
Tsachi Maimon, CEO, tel: +346-3645 2458 or email: investors@aspireglobal.com
Motti Gil, CFO, tel: +356-9924 0646 or email: investors@aspireglobal.com
About Aspire Global
Aspire Global is a leading B2B-provider of iGaming solutions, offering companies everything they need to operate a successful iGaming brand, covering casino and sports. The B2B-offering comprises of a robust technical platform, proprietary casino games, a proprietary sportsbook, and a game aggregator. The platform itself can be availed of exclusively or combined with a wide range of services. In addition to the B2B-offering, Aspire Global also operates several B2C-brands, including Karamba, the greatest showcase of the strength of the B2B-offering. The Group operates in 26 regulated markets spanning Europe, America and Africa, including countries like the US, UK, Denmark, Portugal, Spain, Ireland, Nigeria, Colombia and Mexico. Offices are located in Malta, Israel, Bulgaria, Ukraine, North Macedonia, India, Italy and Gibraltar. Aspire Global is listed on Nasdaq First North Premier Growth Market under ASPIRE. Certified Advisor: FNCA Sweden AB, info@fnca.se, +46-8-528 00 399. Please visit www.aspireglobal.com.