BFW advises results of resolutions at Annual Meeting

BFW advises results of resolutions at Annual Meeting 30th August 2018 - Burger Fuel Worldwide Limited wishes to advise the market of the outcome of the resolutions put to its Annual Meeting. Resolution 1 - Ordinary Resolution To consider the re-election as a Director of the Company of Alan Dunn, who retires by rotation in accordance with section 17.1 of the Company's Constitution and, being eligible, offers himself for re-election. Result: Passed. Resolution 2 - Ordinary Resolution To record the automatic re-appointment of Staples Rodway as the Company's auditor pursuant to Section 207T of the Companies Act 1993 and to authorise the Company's Board of Directors to fix the auditor's remuneration for the ensuing year. Result: Passed. Special Business Resolution 3: - Ordinary Resolution That the Company's shareholders approve, for the purposes of the Takeovers Code, the buy back and cancellation of 2,820,000 fully paid ordinary shares in the Company held by Franchise Brands LLC at approximately US$0.25 per share for a total consideration of US$709,332.25 to be paid in 4 instalments over 8 months and funded from the Company's cash reserves. Result: Passed. For more information, please contact: Mark Piet Company Secretary/Chief Financial Officer Burger Fuel Worldwide Limited End CA:00323103 For:BFW Type:MEETING Time:2018-08-31 08:30:29