6 Apr 2018 10:35
6 April 2018
 XP Power Limited("XP Power" or "the Company")
Â
Result of Annual General Meeting
Â
The Annual General Meeting of XP Power Limited was held at 401 Commonwealth Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 6 April 2018, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed by show of hands.
Â
For information, the following table shows the total votes cast by proxy voting. The total number of shares in issue was 19,242,296.
Â
Resolution number | Resolution description | In Favour | Against | Withheld | |||
Votes | % | Votes | % | Votes | |||
1 | To receive and adopt the reports and audited accounts | 12,056,214 | 100.00% | 0 | 0.01% | 920 | |
2 | To approve the final dividend | 12,056,214 | 100.00% | 0 | 0.00% | 0 | |
3 | To re-elect Duncan Penny | 12,055,714 | 100.00% | 0 | 0.00% | 500 | |
4 | To re-elect Polly Williams | 10,840,429 | 97.20% | 312,658 | 2.80% | 903,127 | |
5 | To re-elect Peter Bucher | 11,152,033 | 100.00% | 544 | 0.00% | 903,627 | |
6 | To re-elect Gavin Griggs | 12,051,952 | 99.97% | 3,762 | 0.03% | 500 | |
7 | To re-elect James Peters | 11,885,945 | 98.71% | 154,748 | 1.29% | 15,521 | |
8 | To re-elect Terry Twigger | 11,152,033 | 100.00% | 554 | 0.00% | 903,627 | |
9 | To re-elect Mike Laver | 12,052,452 | 99.97% | 3,762 | 0.03% | 0 | |
10 | To re-elect Andy Sng | 12,052,452 | 99.97% | 3,762 | 0.03% | 0 | |
11 | Reappoint auditors | 12,009,543 | 99.62% | 45,671 | 0.38% | 0 | |
12 | Remuneration of auditors | 12,054,500 | 99.99% | 714 | 0.01% | 1,000 | |
13 | Approval of remuneration report | 9,637,881 | 90.96% | 1,005,189 | 9.44% | 1,413,144 | |
14 | To increase the borrowing limits | 11,944,992 | 99.08% | 110,722 | 0.92% | 500 | |
15 | Authority to allot shares | 11,896,106 | 98.67% | 160,108 | 1.33% | 0 | |
16 | To authorize the disapplication of pre-emption righst | 11,895,320 | 98.67% | 159,894 | 1.33% | 1,000 | |
17 | Authority for the Company to purchase its own shares | 12,011,023 | 99.63% | 45,191 | 0.37% | 0 |
Â
Note: Percentage of votes cast excludes withheld votes
Â
Â
Â
Enquiries:
Â
XP PowerDuncan Penny, Chief Executive Officer +44 (0)118 976 5086
Gavin Griggs, Chief Financial Officer +44 (0)118 976 5154
Â