Elektron Technology plc
("Elektron" or the "Company")
Result of Annual General Meeting ("AGM")
Elektron, the global technology group, announces that the resolutions put before the annual general meeting of the Company held today, 28th July 2016, were passed. The results of the poll on the resolutions are:
Resolution 1 - To receive the directors' annual report and accounts
For 100,644,493 (99.99%)
Against 2,649 (0.01%)
*Vote withheld 302,451
Resolution 2 - To receive and approve the directors' remuneration report
For 98,321,083 (97.42%)
Against 2,608,612 (2.58%)
*Vote withheld 19,898
Resolution 3 - To reappoint Deloitte LLP as auditor and to authorise the directors to fix the remuneration of the auditor
For 100,623,470 (99.99%)
Against 8,064 (0.01%)
*Vote withheld 318,059
Resolution 4 - To elect Giovanni Ciuccio as a director
For 98,356,416 (97.73%)
Against 2,287,712 (2.27%)
*Vote withheld 305,465
Resolution 5 - To re-elect Keith Daley as a director
For 98,351,710 (97.43%)
Against 2,589,812 (2.57%)
*Vote withheld 8,071
Resolution 6 - To re-elect Andy Weatherstone as a director
For 98,361,264 (97.73%)
Against 2,285,610 (2.27%)
*Vote withheld 302,719
Resolution 7 - To elect Peter Welch as a director
For 98,358,483 (97.73%)
Against 2,288,997 (2.27%)
*Vote withheld 302,113
Resolution 8 - To re-elect John Wilson as a director
For 98,351,675 (97.43%)
Against 2,589,847 (2.57%)
*Vote withheld 8,071
Resolution 9 - To give authority to allot a limited number of shares
For 98,336,554 (97.42%)
Against 2,607,468 (2.58%)
*Vote withheld 5,571
* A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.
3,394,517 votes were rejected as the person purporting to cast them no longer had the right to vote as the rights attaching to the shares had vested in their trustee in bankruptcy following an order of Liverpool County Court on 7 June 2016.
Keith Daley, Chairman commented "The Board is very grateful for the overwhelming support of shareholders. We shall continue to focus on the creation of long term shareholder value".
For further information:
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Elektron Technology www.elektron-technology.com |
+44 (0) 1223 371 000 |
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Andy Weatherstone - Chief Financial Officer |
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Martin Reeves - Company Secretary |
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finnCap (Nominated Adviser and Broker) |
+44 (0)20 7220 0500 |
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Ed Frisby/Scott Mathieson (Corporate Finance) |
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Malar Velaigam (Corporate Broking) |
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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.
Elektron Technology plc's shares are admitted to trading on the AIM market of the London Stock Exchange (AIM: EKT).