17 Nov 2021 13:30
17 November 2021
AMTE POWER PLC
Result of AGM
AMTE Power plc ("AMTE Power" or the "Company"), a developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, announces that at its Annual General Meeting held earlier today all resolutions were passed.
Resolutions 1 to 11 were passed as Ordinary Resolutions and Resolution 12 and 13 were passed as Special Resolutions. Voting on all resolutions at the Annual General Meeting was conducted by a poll and the results are as follows:
Resolution | For | % | Against | % | Vote total | Vote total as a % of issued capital | Withheld* | ||
1 | To receive and adopt the Companyʼs annual report and audited accounts for the financial year ended 30 June 2021 | 19,925,852 | 99.9% | 521 | 0.1% | 19,926,373 | 55.8% | 106 | |
2 | To approve the directorsʼ remuneration report | 18,918,263 | 94.9% | 1,007,145 | 5.1% | 19,925,408 | 55.8% | 1,071 | |
3 | To re-elect David Morgan as a director | 19,920,795 | 99.9% | 4,928 | 0.1% | 19,925,723 | 55.8% | 756 | |
4 | To re-elect Kevin Brundish as a director | 19,921,295 | 99.9% | 4,928 | 0.1% | 19,926,223 | 55.8% | 256 | |
5 | To re-elect Alyson Levett as a director | 19,921,295 | 99.9% | 4,928 | 0.1% | 19,926,223 | 55.8% | 256 | |
6 | To re-elect Adam Park as a director | 19,896,032 | 99.9% | 4,928 | 0.1% | 19,900,960 | 55.7% | 25,519 | |
7 | To re-elect Viscount Thurso PC as a director | 19,921,295 | 99.9% | 4,928 | 0.1% | 19,926,223 | 55.8% | 256 | |
8 | To re-elect James Hobson as a director | 19,921,295 | 99.9% | 4,928 | 0.1% | 19,926,223 | 55.8% | 256 | |
9 | To reappoint Saffery Champness LLP as auditor | 19,925,499 | 99.9% | 874 | 0.1% | 19,926,373 | 55.8% | 106 | |
10 | To authorise the directors to agree remuneration of auditors | 19,925,852 | 99.9% | 521 | 0.1% | 19,926,373 | 55.8% | 106 | |
11 | To authorise the directors to allot shares in the Company | 18,927,577 | 95.0% | 998,646 | 5.0% | 19,926,223 | 55.8% | 256 | |
12 | To disapply statutory pre-emption rights | 18,927,277 | 95.0% | 998,646 | 5.0% | 19,925,923 | 55.8% | 556 | |
13 | To approve cancellation of the Company's share premium account | 19,920,954 | 99.9% | 3,784 | 0.1% | 19,924,738 | 55.8% | 1,741 | |
* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution. | |||||||||
For further information contact:
AMTE Power plc Kevin Brundish (Chief Executive Officer) James Hobson (Chief Financial Officer)
| Tel: +44 (0)1847 867 200 |
WH Ireland Limited (NOMAD and Joint Broker) Chris Fielding / Ben Good | Tel: +44 (0)207 220 1666 |
SI Capital Limited (Joint Broker) Nick Emerson / Nick Briers
| Tel: +44 (0)1483 413 500
|
Novella Communications Tim Robertson / Fergus Young | Tel: +44 (0)203 151 7008 |
ABOUT AMTE POWER PLC
AMTE Power was founded in 2013 and is a leading developer and manufacturer of lithium-ion battery cells for specialist markets. In March 2021, the Company listed on the AIM market of the London Stock Exchange, making the Company the only listed UK battery manufacturer. The Company is focused on launching a series of next generation battery cells based on new chemistries and cell structures that are designed to solve key problems in power delivery, energy performance, and safety. These new products are targeted at a range of specialist markets including the automotive industry, oil and gas market and energy storage sector. AMTE's purpose-built cell manufacturing facility in Thurso, Scotland has the second largest cell manufacturing capacity in the UK and the Company also has a product development team based in Oxford. For further information visit the Company's website: www.amtepower.com