Last checked at 10 May 2022 18:00
10 May 2022
Gresham Technologies plc
Result of Annual General Meeting
Gresham Technologies plc (LSE: "GHT", "Gresham", "Company"), the leading software and services company that specialises in providing solutions for data integrity and control, banking integration, payments and cash management, announces that all the resolutions set out in the Notice of Annual General Meeting ("AGM") dated 29 March 2022 were duly passed by shareholders by means of a poll vote at today's AGM.
The results of the poll for each resolution are set out below:
No. | Resolution | For | % For | Against | % Against | Withheld | % Withheld | Total % Instructed |
01 | Report and Financial Statements | 59,905,723 | 100.00% | 0 | 0.00% | 0 | 0.00% | 71.86% |
02 | Final Dividend | 59,905,723 | 100.00% | 0 | 0.00% | 0 | 0.00% | 71.86% |
03 | Remuneration Report | 45,698,087 | 76.28% | 14,207,636 | 23.72% | 0 | 0.00% | 71.86% |
04 | Reappoint Auditors | 59,902,723 | 99.99% | 3,000 | 0.01% | 0 | 0.00% | 71.86% |
05 | Auditors Remuneration | 59,902,073 | 99.99% | 3,650 | 0.01% | 0 | 0.00% | 71.86% |
06 | Peter Simmonds | 59,898,561 | 99.99% | 7,162 | 0.01% | 0 | 0.00% | 71.86% |
07 | Jennifer Knott | 58,174,655 | 97.11% | 1,731,068 | 2.89% | 0 | 0.00% | 71.86% |
08 | Ruth Wandhöfer | 59,897,273 | 99.99% | 8,450 | 0.01% | 0 | 0.00% | 71.86% |
09 | Andrew Balchin | 59,897,911 | 99.99% | 7,812 | 0.01% | 0 | 0.00% | 71.86% |
10 | Ian Manocha | 59,902,723 | 99.99% | 3,000 | 0.01% | 0 | 0.00% | 71.86% |
11 | Thomas Mullan | 59,902,723 | 99.99% | 3,000 | 0.01% | 0 | 0.00% | 71.86% |
12 | Allot Shares | 59,901,773 | 99.99% | 3,650 | 0.01% | 300 | 0.00% | 71.86% |
13 | Articles Amendments | 59,901,033 | 99.99% | 4,390 | 0.01% | 300 | 0.00% | 71.86% |
14 | Pre-emption Rights | 59,898,273 | 99.99% | 7,150 | 0.01% | 300 | 0.00% | 71.86% |
15 | Pre-emption Rights - Acquisitions | 59,901,773 | 99.99% | 3,650 | 0.01% | 300 | 0.00% | 71.86% |
16 | Market Purchases | 59,902,423 | 99.99% | 3,000 | 0.01% | 300 | 0.00% | 71.86% |
17 | General Meetings | 59,899,223 | 99.99% | 3,000 | 0.01% | 3,500 | 0.01% | 71.86% |
Notes:
· The full text of each of the resolutions is contained in the Notice of Annual General Meeting dated 29 March 2022, which is available on the Company's website at https://www.greshamtech.com.
· Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
· A "Withheld" vote is not a vote in law and is not counted in the calculation of the proportion of the votes cast "For" or "Against" a resolution.
· The proportion of "Total % Instructed" is the total of votes instructed for that resolution (i.e. the total votes "For", "Against" and "Withheld" for that resolution) expressed as a percentage of the issued share capital.
· The issued share capital of the Company as at 10 May 2022 was 83,364,458 ordinary shares of 5p each. No shares are held in treasury.
In accordance with Listing Rule 9.6.2R, a copy of the resolutions passed will shortly be submitted to the National Storage Mechanism and will be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. A copy will also be made available on the Company's website at https://www.greshamtech.com.
The Board notes that there was significant support for all of the resolutions, except for Resolution 3, which relates to the approval of the Directors' Remuneration Report, which was passed but received a vote of over 20% against the resolution. The Board welcomes shareholder views and feedback on all aspects of the Annual Report and Accounts, including the subject of remuneration. Based on the proxy votes lodged in advance, the Board has already conducted some preliminary consultations in this regard and, in accordance with the FRC Code of Corporate Governance, will be undertaking further consultation with major shareholders. An update of this engagement will be published within six months, and a final summary included in the Company's Annual Report for the 2022 Financial Year.
Enquiries
Gresham Technologies plc | +44 (0) 207 653 0200 |
Ian Manocha / Tom Mullan | |
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Singer Capital Markets (Financial Adviser and Broker) | +44 (0) 207 496 3000 |
Shaun Dobson / Tom Salvesen / Jen Boorer
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Alma PR | +44 (0) 203 405 0205 |
Josh Royston / Hilary Buchanan / Hannah Campbell |
Note to editors
Gresham Technologies plc is a leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management. Listed on the main market of the London Stock Exchange (GHT.L) and headquartered in the City of London, its customers include some of the world's largest financial institutions and corporates, all of whom are served locally from offices located in the UK, Europe, North America and Asia Pacific.
Gresham's award-winning Clareti software platform is a highly flexible and scalable platform, available on-site or in the cloud, designed to address today's most challenging financial control, risk management, data governance and regulatory compliance problems. Learn more at www.greshamtech.com.