Result of AGM

RNS Number : 3571R

Ceres Power Holdings plc

08 December 2016

 

8 December 2016

This announcement contains inside information

Ceres Power Holdings PLC

("Ceres Power" or the "Company")

Result of the Annual General Meeting

Ceres Power Holdings plc (AIM: CWR), is pleased to announce that at the Annual General Meeting of shareholders held earlier today, on 8 December 2016, at Viking House, Foundry Lane, Horsham, RH13 5PX, all resolutions were duly passed.

The results of the poll on the resolutions put at the Annual General Meeting were as follows:

	For/ discretionary (number/%)	Against (number/%)	Votes withheld (number)	Total votes cast exc. withheld (number)	% of issued share capital represented by the votes cast
Ordinary Resolutions
1.   To receive and consider the accounts of the Company for the financial year ended 30 June 2016, together with the reports of the Directors of the Company and auditors of the Company on those accounts.	783,342,810 99.19%	6,388,363 0.81%	2,895	789,731,173	78.34%
2.   To re-appoint KPMG LLP as auditors of the Company and to authorise the Board, through the Audit Committee, to fix their remuneration.	783,331,253 99.19%	6,401,103 0.81%	1,712	789,732,356	78.34%
3.   To re-elect Mr Steven Callaghan, who is retiring by rotation, as a Director of the Company.	765,833,129 96.98%	23,839,009 3.02%	61,930	789,672,138	78.34%
4.   To re-elect Dr Robert Trezona, who is retiring by rotation, as a Director of the Company.	759,445,548 96.17%	30,225,561 3.83%	61,930	789,671,109	78.34%
5.   To re-elect Dr Mark Selby, who is retiring by rotation, as a Director of the Company.	789,662,711 100.00%	9,427 0.00%	61,930	789,672,138	78.34%
6.   To authorise the Directors to allot certain shares pursuant to section 551 of the Companies Act 2006.	789,619,790 99.99%	104,328 0.01%	9,950	789,724,118	78.34%
Special Resolution
7.   To authorise the Directors to allot shares without the application of statutory pre-emption rights in certain instances pursuant to sections 570 and 573 of the Companies Act 2006.	778,582,641 99.17%	6,510,623 0.83%	4,640,804	785,093,264	77.88%

For further information please contact:

Ceres Power Holdings plc                               Phil Caldwell, Chief Executive Officer Richard Preston, Chief Financial Officer	Tel. [phone]
Zeus Capital Limited (Nominated Adviser and Broker) Phil Walker/Andrew Jones/Hugh Kingsmill Moore	Tel: [phone]
Tavistock Mike Bartlett/James Collins	Tel: [phone]

 Notes to editors:

About Ceres Power

Ceres Power (http://www.cerespower.com/) is a world leader in low cost, next generation fuel cell technology for use in distributed power products that reduce operating costs, lower CO2, SOx and NOx emissions, increase efficiency and improve energy security. The Ceres Power unique patented Steel Cell technology generates power from widely available fuels at high efficiency and is manufactured using standard processing equipment and conventional materials such as steel, meaning that it can be mass produced at an affordable price for domestic and business use.

Ceres Power offers its partners the opportunity to develop power systems and products using its unique Steel Cell technology and know-how, combined with the opportunity to supply the Steel Cell in volume through its manufacturing partners.

 

END

 

 

RAGFSUFLAFMSEFE