4 Apr 2016 07:00
XP POWER LTD - Result of AGMXP POWER LTD - Result of AGM
PR Newswire
London, April 2
1 April 2016
XP Power Limited
(“XP Power” or “the Company”)
Result of Annual General Meeting
The Annual General Meeting of XP Power Limited was held at 401 Commonwealth Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 1 April 2016, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed by show of hands.
For information the following table shows the votes cast by proxy voting. The total number of shares in issue was 19,242,296.
| Resolution number and description | In Favour | Against | Withheld | ||||
| Votes | % | Votes | % | Votes | |||
| 1 | To receive and adopt the reports and audited accounts. | 14,135,434 | 99.57% | 61,301 | 0.43% | 0 | |
| 2 | To approve a final dividend. | 14,196,735 | 100.00% | 0 | 0.00% | 0 | |
| 3 | To re-elect Peter Bucher. | 14,196,469 | 99.99% | 266 | 0.01% | 0 | |
| 4 | To re-elect Mike Laver. | 14,196,735 | 100.00% | 0 | 0.00% | 0 | |
| 5 | To re-elect Jonathan Rhodes. | 14,196,624 | 100.00% | 0 | 0.00% | 111 | |
| 6 | To re-elect Polly Williams. | 14,194,379 | 99.98% | 2,356 | 0.02% | 0 | |
| 7 | To re-elect Duncan Penny. | 14,196,735 | 100.00% | 0 | 0.00% | 0 | |
| 8 | To re-elect James Peters. | 13,986,009 | 99.07% | 131,888 | 0.93% | 78,838 | |
| 9 | To re-elect Andy Sng Seng Kok. | 14,196,735 | 100.00% | 0 | 0.00% | 0 | |
| 10 | To re-elect Terence Twigger. | 14,196,624 | 100.00% | 0 | 0.00% | 111 | |
| 11 | Re-appointment of auditors. | 14,134,234 | 100.00% | 0 | 0.00% | 62,501 | |
| 12 | Remuneration of auditors. | 14,195,469 | 99.99% | 1,000 | 0.01% | 266 | |
| 13 | Approval of Remuneration Policy. | 14,083,584 | 99.65% | 48,774 | 0.35% | 64,377 | |
| 14 | Approval of Remuneration Report. | 14,092,693 | 99.28% | 101,004 | 0.71% | 2,966 | |
| 15 | Approval of the amended rules of the XP Power Limited 2012 Share Option Plan. | 12,938,750 | 91.15% | 1,256,519 | 8.85% | 1,466 | |
| 16 | To authorise Directors to allot shares. | 14,162,100 | 99.76% | 34,369 | 0.24% | 266 | |
| 17 | To authorise the purchase of own shares. | 14,191,658 | 99.97% | 1,811 | 0.01% | 266 | |
Note: Percentage of votes cast excludes withheld votes
Enquiries:
XP Power
Jonathan Rhodes, Finance Director +44 (0)118 976 5074
Xp Power (XPP)