Result of AGM

RNS Number : 7070S

AMTE Power PLC

17 November 2021

 

17 November 2021

AMTE POWER PLC

Result of AGM

AMTE Power plc ("AMTE Power" or the "Company"), a developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, announces that at its Annual General Meeting held earlier today all resolutions were passed. 

Resolutions 1 to 11 were passed as Ordinary Resolutions and Resolution 12 and 13 were passed as Special Resolutions. Voting on all resolutions at the Annual General Meeting was conducted by a poll and the results are as follows:

	Resolution	For	%	Against	%	Vote total		Vote total as a % of issued capital	Withheld*
1	To receive and adopt the Companyʼs annual report and audited accounts for the financial year ended 30 June 2021	19,925,852	99.9%	521	0.1%	19,926,373		55.8%	106
2	To approve the directorsʼ remuneration report	18,918,263	94.9%	1,007,145	5.1%	19,925,408		55.8%	1,071
3	To re-elect David Morgan as a director	19,920,795	99.9%	4,928	0.1%	19,925,723		55.8%	756
4	To re-elect Kevin Brundish as a director	19,921,295	99.9%	4,928	0.1%	19,926,223		55.8%	256
5	To re-elect Alyson Levett as a director	19,921,295	99.9%	4,928	0.1%	19,926,223		55.8%	256
6	To re-elect Adam Park as a director	19,896,032	99.9%	4,928	0.1%	19,900,960		55.7%	25,519
7	To re-elect Viscount Thurso PC as a director	19,921,295	99.9%	4,928	0.1%	19,926,223		55.8%	256
8	To re-elect James Hobson as a director	19,921,295	99.9%	4,928	0.1%	19,926,223		55.8%	256
9	To reappoint Saffery Champness LLP as auditor	19,925,499	99.9%	874	0.1%	19,926,373		55.8%	106
10	To authorise the directors to agree remuneration of auditors	19,925,852	99.9%	521	0.1%	19,926,373		55.8%	106
11	To authorise the directors to allot shares in the Company	18,927,577	95.0%	998,646	5.0%	19,926,223		55.8%	256
12	To disapply statutory pre-emption rights	18,927,277	95.0%	998,646	5.0%	19,925,923		55.8%	556
13	To approve cancellation of the Company's share premium account	19,920,954	99.9%	3,784	0.1%	19,924,738		55.8%	1,741
	* A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" a resolution.

For further information contact:

AMTE Power plc Kevin Brundish (Chief Executive Officer) James Hobson (Chief Financial Officer)	Tel: [phone]
WH Ireland Limited (NOMAD and Joint Broker) Chris Fielding / B en Good	Tel: [phone]
SI Capital Limited (Joint Broker) Nick Emerson / Nick Briers	Tel: [phone]
Novella Communications Tim Robertson / Fergus Young	Tel: [phone]

ABOUT AMTE POWER PLC

AMTE Power was founded in 2013 and is a leading developer and manufacturer of lithium-ion battery cells for specialist markets. In March 2021, the Company listed on the AIM market of the London Stock Exchange, making the Company the only listed UK battery manufacturer. The Company is focused on launching a series of next generation battery cells based on new chemistries and cell structures that are designed to solve key problems in power delivery, energy performance, and safety. These new products are targeted at a range of specialist markets including the automotive industry, oil and gas market and energy storage sector. AMTE's purpose-built cell manufacturing facility in Thurso, Scotland has the second largest cell manufacturing capacity in the UK and the Company also has a product development team based in Oxford. For further information visit the Company's website:  www.amtepower.com

 

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