Last checked at 25 Mar 2020 13:10
Quartix Holdings plc
("Quartix" or the "Company")
Result of Annual General Meeting
Quartix Holdings plc, a leading supplier of vehicle telematics services to the fleet and insurance sectors, announces that, at the Annual General Meeting of the Company held yesterday at the Company's registered office at 9 Dukes Court, 54-62 Newmarket Road, Cambridge CB5 8DZ and using conferencing facilities, all the proposed resolutions, with the exception of resolution 2, were passed on confirmation from the participants. Resolution 2, which the Board recommended be rejected, was rejected.
The number of proxy votes lodged in advance of the meeting for each of the resolutions are as noted in the table below:
Proxy voting table
Total issued shares at the date of meeting: 47,938,320
Resolution | For | Against | Discretionary | Withheld | Total votes cast |
1. To receive and adopt the audited annual accounts for the year ended 31 December 2019. | 29,989,692 | 5,578,267 | 0 | 0 | 35,567,959 |
2. To approve and declare a final dividend for the year ended 31 December 2019 of 4.2p per ordinary share and supplementary dividend of 5.8p per ordinary share, a total final dividend of 10.0p per share. | 10,716,803 | 28,861,0090 | 0 | 0 | 39,577,812 |
3. To re-elect Andrew Walters as a Director of the Company. | 35,567,959 | 0 | 0 | 0 | 35,567,959 |
4. To re-elect Daniel Mendis as a Director of the Company. | 35,567,959 | 0 | 0 | 0 | 35,567,959 |
5. To re-elect Laura Seffino as a Director of the Company. | 35,567,959 | 0 | 0 | 0 | 35,567,959 |
6. To re-elect Paul Boughton as a Director of the Company. | 35,567,959 | 0 | 0 | 0 | 35,567,959 |
7. To re-elect Jim Warwick as a Director of the Company. | 35,567,959 | 0 | 0 | 0 | 35,567,959 |
8. To re-appoint Grant Thornton UK LLP as the auditors of the Company until the end of the next Annual General Meeting. | 35,567,677 | 282 | 0 | 0 | 35,567,959 |
9. To authorise the Directors to determine the remuneration of the auditors. | 35,567,677 | 282 | 0 | 0 | 35,567,959 |
10. To authorise the Directors to allot shares | 35,567,959 | 0 | 0 | 0 | 35,567,959 |
11.** To authorise the Directors to disapply pre-emptive rights. | 35,567,353 | 606 | 0 | 0 | 35,567,959 |
12.** To authorise the Company to purchase its own shares. | 35,567,959 | 0 | 0 | 0 | 35,567,959 |
** Special Resolution
The full text of the resolutions may be found in the notice of the Annual General Meeting which is available on the Company's website www.quartix.net/company/investors/.
For further information, please contact:
Quartix (www.quartix.net) Andy Walters, Chief Executive Officer Daniel Mandis, Chief Financial Officer | 01686 806 663 |
finnCap (Nominated Adviser and Broker) Matt Goode /Scott Mathieson (Corporate Finance) Alice Lane (Corporate Broking) | 020 7220 0500 |