Cantina Augusto plc
LSE : CANP

April 15, 2009 11:45 ET

Result of AGM

                                        CANTINA AUGUSTO PLC
                                   ("Cantina" or the "Company")

                                           RESULT OF AGM

The  Board of Cantina ("the Company") announces that at the Company's Annual General Meeting  held
on Thursday 9 April 2009, the following resolutions were duly passed:

ORDINARY BUSINESS

1.      To  receive and adopt the Directors' Report and the Financial Statements for  the  period
        ended 30 September 2008.
     
2.      To re-elect Mr Michael Raymond Nash as a director of the Company.
        
3.      To re-elect Mr Adriano Bernabei as a director of the Company.
        
4.      To re-appoint Rochesters as auditors.
        
5.      To authorise the Directors to fix the remuneration of the auditors.


SPECIAL BUSINESS - ORDINARY RESOLUTION

6.      To  authorise the Directors in accordance with Section 80 of the Companies  Act  1985  to
        exercise for a period of twelve months from the date of passing this resolution or, if earlier,
        until the conclusion of the Annual General Meeting of the Company held in the year 2010, all the
        powers of the Company to allot relevant securities (within the meaning of the said section) up to
        an aggregate nominal value of £200,000 provided that this authority shall allow the Directors to
        allot any shares or grant any such rights after that period has expired in pursuance of an offer
        or agreement so to do made by the Company within that period as if the authority had not expired.

SPECIAL RESOLUTION

7.      That  the Directors be empowered pursuant to the Companies Act 1985 ("the Act") to  allot
        equity securities for cash as if Section 89(1) of the Act did not apply to such allotment provided
        that this power shall be limited to:

        7.1     the  allotment  of  equity securities (as defined in Section 94  of  the  Act)  in
                connection with any offer by way of rights to the holders of ordinary  shares  in
                the  Company on a record date fixed by the Directors in proportion (as nearly  as
                may  be)  to the number of shares then held by such holders, but subject to  such
                exclusions  or other arrangements as the Directors may deem appropriate  to  deal
                with  fractional  entitlements  or to resolve any  legal  or  practical  problems
                arising in connection with such an offer; and

        7.2     the  allotment otherwise than in connection with such an offer up to an  aggregate
                nominal  amount  of £200,000; and shall expire twelve months from the  passing  of
                the Resolution or, if earlier, at the conclusion of the Annual General Meeting  of
                the  Company held in the year 2010, save that the Company may prior to the  expiry
                of  such authority make an offer or agreement under which equity securities  would
                or  might  fall  to be allotted after such expiry and the Board may  allot  equity
                securities in pursuance of such an offer or earlier by agreement as if  the  power
                conferred by this Resolution had not expired.
        


The Directors of the Company accept responsibility for this announcement.


                                             - ends -


CONTACT DETAILS:

Cantina Augusto Plc:      Adriano Bernabei      Tel: 0207 242 3246

Fisher Corporate Plc:     Gary Miller           Tel: 0207 388 7000


Contact Information

  • Cantina Augusto plc