RNS

14:27 Wed 30 Sep 2020

Motif Bio PLC - Result of AGM

RNS Number : 6378A

Motif Bio PLC

30 September 2020

Motif Bio plc

("Motif Bio" or the "Company")

Result of AGM

Motif Bio plc (AIM: MTFB) announces that at the Annual General Meeting of the Company held earlier today at the offices of ONE Advisory Limited, 201 Temple Chambers, 3-7 Temple Avenue, London, EC4Y 0DT all but one of the resolutions put to members were passed on a poll.

The Board notes that resolution 7, which was proposed as a special resolution regarding the disapplication of pre-emption rights, was not passed.

The number of votes lodged by proxy and voted on by poll for and against each of the resolutions proposed, and the number of votes withheld, were as follows:

Resolution

FOR*

AGAINST

WITHHELD

Resolution 1 (Ordinary)

To receive the Company's annual accounts and the strategic, directors' and auditors' reports for the year ended 31 December 2019.

37,371,686

91.94

3,275,355

8.06

131,590

Resolution 2 (Ordinary)

To re-elect Graham Lumsden as a Director of the Company

27, 167,596

66.74

13,541,866

33.26

69,169

Resolution 3 (Ordinary)

To re-elect Christopher Wardhaugh as a director of the Company, who was appointed by the board since the last annual general meeting.

34,740,854

85.42

5,930,684

14.58

107,093

Resolution 4 (Ordinary)

To re-appoint the Company's auditor Crowe LLP, who have been appointed by the board since the last annual general meeting.

37,286,396

91.56

3,437,066

8.44

55,169

Resolution 5 (Ordinary)

That the Directors be authorised to fix the auditors remuneration.

36,844,682

90.71

3,772,431

9.29

161,518

Resolution 6 (Ordinary)

To empower the directors to allot relevant securities pursuant to Section 551 of the Act

33,534,192

84.95

5,941,430

15.05

1,303,009

Resolution 7 (Special)

To disapply the pre-emptive rights contained in Section 561 of the Act

26,246,162

73.09

9,844,855

26.91

4,187,614

*including votes granting discretion to the chair

As at 30 September 2020, there were 654,991,023 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please contact:

Motif Bio plc	[email protected]
Jonathan Gold (President and Chief Business Officer)

SP Angel Corporate Finance LLP (NOMAD & BROKER)	+44 (0) 20 3470 0470
David Hignell/Caroline Rowe (Corporate Finance)
Vadim Alexandre/Abigail Wayne (Sales & Broking)

Walbrook PR Ltd. (UK FINANCIAL PR & IR)	+44 (0) 20 7933 8780
Paul McManus/ Lianne Cawthorne	[email protected]

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END

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