10 Jan 2020 10:59
Plutus PowerGen Plc / Ticker: PPG / Index: AIM
10 January 2020
PLUTUS POWERGEN PLC
("Plutus", the "Group" or the "Company")
Result of Annual General Meeting
Plutus PowerGen (AIM: PPG), the AIM quoted power company focused on the development and operation of flexible energy generation projects in the UK, announces that all resolutions put to shareholders at the Company's Annual General Meeting held earlier today were duly passed.
All resolutions were passed on a show of hands. The proxy votes received from shareholders on each resolution are set out below.
Resolutions | Votes for* | % | Votes against
| % | Votes total | Votes withheld** |
Ordinary Resolutions |
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Resolution 1 - approve the financial statements at 30 April 2019 | 81.5% | 393,450,578 | 89,042,198 | 18.5% | 482,492,776 | 49,645,814 |
Resolution 2 - to re-elect Timothy Cottier as a Director of the Company | 59.1% | 313,661,055 | 217,325,129 | 40.9% | 530,986,184 | 1,152,406 |
Resolution 3 - re-appoint PKF Littlejohn LLP as auditors and to authorise the Directors to fix their remuneration | 81.5% | 393,420,689 | 89,059,681 | 18.5% | 482,480,370 | 49,658,220 |
Resolution 4 - authorise the Directors to allot the shares | 74.6% | 360,078,538 | 122,401,832 | 25.4% | 482,480,370 | 49,658,220 |
Special Resolution |
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Resolution 5 - dis-apply statutory pre-emption rights | 74.6% | 360,104,838 | 122,375,532 | 25.4% | 482,480,370 | 49,658,220 |
*Includes discretionary votes
**A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" any of the resolutions
**ENDS**
For further information, please visit www.plutuspowergen.com, or contact:
Plutus PowerGen Plc | +44 (0) 20 8720 6562 |
Charles Tatnall, Executive Chairman |
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Allenby Capital Limited (Nominated Adviser and Joint Broker) | +44 (0)20 3328 5656 |
Nick Athanas James Hornigold |
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Turner Pope Investments (TPI) Limited (Joint Broker) | +44 (0)20 3621 4120 |
Andy Thacker |
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St Brides Partners Limited (Financial PR) | +44 (0)20 7236 1177 |
Isabel de Salis |
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