Result of AGM 23 May 2019

23 May 2019

STILO INTERNATIONAL PLC

The Annual General Meeting of Stilo International plc was held at the offices of RSM UK Audit LLP, 25 Farringdon Street, London EC4A 4AB earlier today.

All 6 resolutions put to members were passed. Resolutions 1 to 4 were passed as ordinary resolutions and resolutions 5 and 6 were passed as special resolutions.

The number of votes lodged by proxy for and against each of the resolutions proposed, and the number of votes withheld was as follows:

 Resolution

Votes for

%

Votes against

%

Votes withheld

Resolution 1 (Ordinary)

To receive and adopt the Directors’ Report and Accounts for the year ended 31 December 2018

42,397,973

100

0

0

0

Resolution 2 (Ordinary)

To approve the final dividend for the year ended 31 December 2018

42,397,973

100

0

0

0

Resolution 3 (Ordinary)

To reappoint RSM UK Audit LLP as Auditors to the Company and to authorise the Directors to fix their remuneration

42,397,973

100

0

0

0

Resolution 4 (Ordinary)

To authorise the Directors to allot relevant securities

42,397,973

100

0

0

0

Resolution 5 (Special)

To authorise the Directors to allot equity securities and to disapply statutory pre-emption rights in relation to the issue of certain equity securities

42,177,973

99.48

220,000

0.52

0

Resolution 6 (Special)

To authorise the Directors to purchase ordinary shares

42,397,973

100

0

0

0

As at 23 May, 2019, there were 113,930,470 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.

ENQUIRIES

Stilo International plc
Les Burnham, Chief Executive
T +44 1793 441 444

SPARK Advisory Partners Limited (Nominated Adviser)
Neil Baldwin T +44 203 368 3554
Mark Brady  T +44 203 368 3551

SI Capital (Broker)
Nick Emerson
T +44 1483 413500


Trading Update

23 May 2019

STILO INTERNATIONAL PLC

Stilo International plc (“Stilo” or the “Company”) today provides a trading update. The Company develops software tools and cloud services that help organisations create and process structured content in XML format so that it can be more easily stored, managed, re-used, translated and published to multiple print and digital channels.

In the Company’s 2018 Preliminary Results, announced on 14 March 2019, we indicated that the outlook for 2019 was uncertain. Albeit the Company is involved in several new contract bids that could materialise later in 2019, the Company expects to report a material drop in revenue and a loss for the six-month period ending 30 June 2019, as sales have been slower than planned.

Given the ongoing trading uncertainty, it is important that we reduce our operating costs and we will be taking appropriate measures to do so in the coming weeks.

ENQUIRIES

Stilo International plc
Les Burnham, Chief Executive
T +44 1793 441 444

SPARK Advisory Partners Limited (Nominated Adviser)
Neil Baldwin T +44 203 368 3554
Mark Brady  T +44 203 368 3551

SI Capital (Broker)
Nick Emerson
T +44 1483 413500