Last checked at 28 May 2020 11:51
28 May 2020
Strix Group Plc
("Strix" or the "Group")
Results of Annual General Meeting
Strix Group Plc (AIM: KETL), the global leader in the design, manufacture and supply of kettle safety controls and other complementary water temperature management components, announces that all resolutions were passed via poll at the Annual General Meeting held on 28 May 2020.
A summary of the votes is presented below:
AGM resolutions | For | % | Against | % | Withheld |
Ordinary resolutions | |||||
Resolution 1 | 123,366,927 | 100.00 | 100 | 0.00 | 5,999 |
Annual Report and accounts | |||||
Resolution 2 | 121,232,511 | 98.27 | 2,127,202 | 1.72 | 13,313 |
Annual Report on Directors' remuneration | |||||
Resolution 3 | 123,373,026 | 100.00 | - | - | - |
Final dividend | |||||
Resolution 4 | 119,695,086 | 98.71 | 1,563,016 | 1.29 | 2,114,924 |
Proposal to re-elect Gary Lamb (retiring by rotation) | |||||
Resolution 5 | 123,360,119 | 99.99 | 6,000 | 0.00 | 6,907 |
Proposal to re-appoint Richard Sells | |||||
Resolution 6 | 122,838,774 | 99.58 | 522,585 | 0.42 | 11,667 |
Appointment of auditors | |||||
Resolution 7 | 122,711,496 | 99.47 | 655,842 | 0.53 | 5,688 |
Remuneration of auditors | |||||
Resolution 8 | 118,836,644 | 96.74 | 4,008,947 | 3.26 | 527,435 |
Power of Directors to allot shares | |||||
Resolution 9 | 120,792,876 | 97.92 | 2,567,692 | 2.08 | 12,458 |
Disapplication of pre-emption rights | |||||
Special resolutions | |||||
Resolution 10 | 118,160,094 | 95.78 | 5,200,474 | 4.22 | 12,458 |
Disapplication of pre-emption rights | |||||
Resolution 11 | 122,621,387 | 99.57 | 525,180 | 0.43 | 226,459 |
Purchase of own shares |
Statement regarding voting result
We are pleased to have received the support of our shareholders for all of the resolutions proposed at the AGM, and we are satisfied with the level of support for each resolution. We are also pleased with the percent of shares voted on. We will continue to monitor the level of support for each resolution in the future, and where needed we will discuss with shareholders and proxy advisors to understand any concerns.
For further enquiries, please contact: Strix Group Plc Mark Bartlett, CEO Raudres Wong, CFO
Zeus Capital Limited (Nominated Advisor and Joint Broker) | +44 (0) 1624 829829 |
|
+44 (0) 20 3829 5000 |
| |
Nick Cowles / Jamie Peel / Jordan Warburton (Corporate Finance)
|
| |
Stifel Nicolaus Europe Limited (Joint Broker) | +44 (0) 20 7710 7600 |
|
Francis North / Matthew Blawat |
|
|
|
|
|
IFC Advisory Limited (Financial PR and IR) | +44 (0) 20 3934 6630 |
|
Graham Herring / Tim Metcalfe / Florence Chandler |
|
|
|
| |
ABOUT STRIX GROUP PLC
Isle of Man based Strix, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.
Strix's core product range comprises a variety of safety controls for small domestic appliances, primarily kettles. Kettle safety controls require precision engineering and intricate knowledge of material properties in order to repeatedly function correctly. Strix has built up market leading capability and know-how in this field since being founded in 1982.
Strix is admitted to trading on the Alternative Investment Market of the London Stock Exchange (AIM: KETL).