Elektron Technology plc
("Elektron" or the "Company")
Result of Annual General Meeting ('AGM')
Elektron, the global technology group, announces that all resolutions were passed at its AGM held today, 30th July 2015.
Detailed voting figures are as follows:
Resolution 1 - Approval of Directors' report and financial statements for the year ended 31st January 2015
For 124,671,819 (97.02%)
Against 3,832,336 (2.98%)
Resolution 2 - Approval of the Director's Remuneration Report
For 122,757,853 (96.94%)
Against 3,876,656 (3.06%)
Resolution 3 - Reappointment of auditors
For 124,643,115 (99.65%)
Against 439,693 (0.35%)
Resolution 4 - Reappointment of Keith Daley
For 122,811,659 (95.58%)
Against 5,681,888 (4.42%)
Resolution 5 - Reappointment of Tony Harris
For 122,814,135 (95.58%)
Against 5,679,412 (4.42%)
Resolution 6 - Reappointment of Ric Piper
For 122,806,994 (95.57%)
Against 5,686,553 (4.43%)
Resolution 7 - Reappointment of Andy Weatherstone
For 122,818,800 (96.98%)
Against 3,824,747 (3.02%)
Resolution 8 - Reappointment of John Wilson
For 122,811,940 (95.58%)
Against 5,681,607 (4.42%)
Resolution 9 - Authority to allot shares
For 122,785,784 (95.56%)
Against 5,709,643 (4.44%)
Voting rights were exercised in respect of 4,846,000 shares held by participants of the Elektron Technology Joint Share Ownership Plan in co-ownership with the trustee of the Elektron Technology plc 2012 Employee Benefits Trust ('the Trust').
The total number of shares held by the trustee of the Trust is 15,075,650. Voting rights were not exercised by the trustee in respect of 10,229,650 shares.
Keith Daley, Chairman commented "The Board is very grateful for the support of the vast majority of shareholders. We remain totally focused on the restoration of shareholder value".
For further information:
|
Elektron Technology www.elektron-technology.com |
+44 (0) 1223 371 000 |
|
Andy Weatherstone - Chief Financial Officer |
|
|
Martin Reeves - Company Secretary |
|
|
|
|
|
finnCap (Nominated Adviser, Financial Adviser and Broker) |
+44 (0)20 7220 0500 |
|
Ed Frisby/Scott Mathieson (Corporate Finance) |
|
|
Malar Velaigam (Corporate Broking) |
|
Notes to Editors
Elektron conceives, designs and markets innovative engineered products and services for businesses that connect, monitor and control
We have a multi skilled team of engineers, software and product line specialists based in Cambridge focused on the opportunities created by global trends in the following areas:
-- New waves of "aware" business applications: Checkit
-- Demand for ubiquitous power and data: Bulgin
-- Growth in high precision manufacture: Queensgate
In addition, Elektron owns a portfolio of well-established products and brands that provide cash flow as well as customer access and feedback.