18 Sep 2020 07:00
Modern Water plc
("Modern Water", "the Company" or "the Group")
Result of AGM
Modern Water announces that, at the annual general meeting ("AGM") held yesterday, all resolutions were duly passed, as follows:
Resolution | Votes for | Votes Against | Abstain |
Ordinary Resolutions | Shares | Shares | Shares |
1. To receive the reports and accounts
| 20,995,775 | 0 | 0 |
2. To re-appoint Jeffreys Henry LLP as auditors of the Company | 20,994,075 | 0 | 1,000 |
3. To re-elect as a director of the Company Nigel Burton, who retires by rotation | 20,984,425 | 5,650 | 5,000 |
4. To re-elect as a director of the Company Gerard Brandon, who retires by rotation | 20,764,721 | 225,162 | 5,192 |
5. Authority of directors to allot shares
| 4,982,436 | 111,394 | 15,901,945 |
Special Resolution
|
|
|
|
6. Disapplication of pre-emption rights on equity issues for cash | 4,398,193 | 635,337 | 15,961,545 |
For further information:
Modern Water plc | +44 (0)20 3827 3439 |
Simon Humphrey, Chief Executive
|
|
Cairn Financial Advisers LLP (Nominated Adviser) |
+44 (0) 20 7213 0880 |
Sandy Jamieson / Liam Murray / Ludovico Lazzaretti
|
|
Turner Pope Investments (Broker) Andy Thacker / Zoe Alexander | +44 (0) 20 3657 0050 |
|
|
Notes to editors:
Modern Water is a pioneering and innovative technology company, specialising in membrane water treatment solutions and advanced monitoring products. The Company works for customers in a range of industries across the globe and owns proprietary technologies for use in a diverse range of applications. Modern Water's Monitoring Division has a portfolio of world-leading toxicity and trace metal monitoring products, some of which constitute the regulatory standard. The headline technology of the Company's Membrane Division, called "AMBC", can be used to tackle complex wastewater treatment problems at a reduced cost compared to standard processes, while being simple to operate.
www.modernwater.com