VLS.L Regulatory News (VLS)

Resolutions

For / Discretion

Against

Total

Vote withheld*

Number

%

Number

%

1. To receive, consider and adopt the annual accounts of the Company as at 31 December 2020 and the Directors' and auditors' reports thereon

368,636,205

99.98

62,775

0.02

368,698,980

18,097,005

2. To approve the Directors' Remuneration Report for the year ended 31 December 2020

386,146,027

99.89

430,540

0.11

386,576,567

219,418

3. To re-elect Philip Holland

386,525,679

99.94

246,099

0.06

386,771,778

24,207

4. To re-elect Henrik Wareborn

386,525,679

99.94

246,099

0.06

386,771,778

24,207

5. To re-elect Andrew Morris

386,525,679

99.94

246,099

0.06

386,771,778

24,207

6. To re-elect Sandy Shaw

386,275,679

99.87

496,099

0.13

386,771,778

24,207

7. To re-elect Darran Messem

386,275,493

99.87

496,099

0.13

386,771,592

24,393

8. To re-appoint PricewaterhouseCoopers LLP as auditors to the Company

368,440,178

95.26

18,331,414

4.74

386,771,592

24,393

9. To authorise the Directors to fix the remuneration of the auditors

386,468,294

99.92

312,911

0.08

386,781,205

14,780

10. To approve the Rules of the Velocys plc 2021 Share Option Scheme

301,567,453

99.85

443,942

0.15

302,011,395

84,784,590

11. To authorise the Directors to allot equity securities pursuant to the articles of association of the Company

386,206,759

99.86

558,437

0.14

386,765,196

30,789

12. To authorise the Directors to allot equity securities for cash disapplying pre-emption rights in the Company's articles of association

368,176,214

95.19

18,588,982

4.81

386,765,196

30,789

13. To authorise the Company to purchase its own shares

350,642,069

90.66

36,132,740

9.34

386,774,809

21,176

For further information, please contact:

--Ends-

Notes to Editors

Velocys is an international UK-based sustainable fuels technology company. Velocys designed, developed and now licenses proprietary Fischer-Tropsch technology for the generation of clean, low carbon, synthetic drop-in aviation and road transport fuel from municipal solid waste and residual woody biomass.

Velocys is at present developing two reference projects: one in Natchez, Mississippi, USA (incorporating Carbon Capture, Utilisation and Storage) and one in Immingham, UK, to produce fuels that significantly reduce both greenhouse gas emissions and key exhaust pollutants for aviation and road transport. Originally a spin-out from Oxford University, in 2008 the Company acquired a US company based on complementary reactor technology developed at the Pacific Northwest National Laboratory. Velocys is headquartered in Oxford in the United Kingdom. 

www.velocys.com