Last checked at 12 Feb 2019 12:15
12 February 2019
Pressure Technologies plc
("Pressure Technologies")
Result of AGM
At the Annual General Meeting of Pressure Technologies (AIM: PRES), held today at 11.00 hours, all the resolutions proposed were duly passed. Details of the proxy voting are given below.
The presentation given at today's AGM is available on the Company's website:
www.pressuretechnologies.com
Result of proxy votes
Resolution | Votes For | Votes Against | Votes Withheld |
1. To approve the annual report and accounts | 8,243,311 | 3,000 | 0 |
2. To approve the annual report on Directors' remuneration | 8,127,969 | 105,042 | 13,300 |
3. To confirm the appointment of Chris Walters as a Director | 8,142,269 | 2000 | 102,042 |
4. To reappoint Joanna Allen as a Director | 8,142,269 | 2000 | 102,042 |
5. To reappoint Brian Newman as a Director | 8,142,269 | 2000 | 102,042 |
6. To reappoint the auditors and fix their remuneration | 8,221,144 | 22,125 | 3,042 |
7. To authorise the allotment of shares | 8,122,302 | 119,425 | 4,584 |
8. To authorise the Company to purchase its own shares | 8,128,086 | 17,225 | 101,000 |
9. To waive pre-emption rights | 7,632,268 | 609,876 | 4,167 |
Notes
1. Any proxy appointments, which gave discretion to the Chairman have been included in the 'for' votes total.
2. At the date of the notice of the AGM the total number of shares in issue was 18,595,165.
For further information, please contact:
Pressure Technologies plc Joanna Allen, Company Secretary |
Tel: 0114 257 3622 www.pressuretechnologies.com |
Cantor Fitzgerald Europe (Nominated Adviser and Broker) Philip Davies / Will Goode |
Tel: 020 7894 8337 |
Belvedere Communications Keeley Clarke (kclarke@belvederepr.com) Cat Valentine (cavalentine@belvederepr.com) |
Tel: 07967 816 525 Tel: 07715 769 078 |
COMPANY DESCRIPTION
Company description - www.pressuretechnologies.com
With its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high-pressure components and systems serving the global energy, defence and industrial gases markets.
Precision Machined Components - www.pt-pmc.com
● Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk
● Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk
● Quadscot, Glasgow, acquired in October 2014 www.quadscot.co.uk
● Martract Limited, Barton-on-Humber, acquired in December 2016 www.martract.co.uk
Cylinders
● Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007 and includes, CSC Deutschland Gmbh, which is based in Dorsten, Germany and Chesterfield Special Cylinders Inc. which is based in Houston, USA www.chesterfieldcylinders.com