Result of AGM

RNS Number : 7122V

Ceres Power Holdings plc

04 December 2019

 

4 December 2019

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 at 3 Gatton Park Business Centre, Wells Place, Merstham, Redhill, RH1 3DR, all resolutions were duly passed.

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

	For and 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 2019, together with the reports of the Directors of the Company and auditor of the Company on those accounts.	110,020,415 (99.27%)	804,640 (0.73%)	7	110,825,055	72.02%
2.   To appoint BDO LLP as auditor of the Company and to authorise the Board, through the Audit Committee, to fix their remuneration.	110,817,987 (100%)	1,531 (0%)	5,544	110,819,518	72.02%
3.   To elect Dr Haoran Hu as a Director of the Company.	103,525,532 (93.42%)	7,296,378 (6.58%)	3,152	110,821,910	72.02%
4.   To re-elect Mr Philip Caldwell, who is retiring by rotation, as a Director of the Company.	110,769,210 (99.97%)	34,019 (0.03%)	21,833	110,803,229	72.01%
5.   To re-elect Mr Stephen Callaghan, who is retiring by rotation, as a Director of the Company.	109,896,135 (99.97%)	34,019 (0.03%)	894,908	109,930,154	71.44%
6.   To re-elect Mr Aidan Hughes, who is retiring by rotation, as a Director of the Company.	110,769,210 (99.97%)	34,019 (0.03%)	21,833	110,803,229	72.01%
7.   To re-elect Mr Robert Trezona, who is retiring by rotation, as a Director of the Company.	109,877,640 (99.16%)	925,589 (0.84%)	21,833	110,803,229	72.01%
8.   To authorise the Directors to allot certain shares pursuant to section 551 of the Companies Act 2006.	110,759,964 (99.94%)	63,045 (0.06%)	2,053	110,823,009	72.02%

Special Resolution
9.   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.	108,919,662 (98.31%)	1,872,581 (1.69%)	32,819	110,792,243	72.0%

For further information please contact:

Ceres Power Holdings plc Richard Preston				Tel: [phone]
Investec Bank PLC (NOMAD & Joint Broker) Jeremy Ellis / Patrick Robb				Tel: [phone]
Berenberg (Joint Broker) Ben Wright / Mark Whitmore				Tel: [phone]
Powerscourt (Financial PR) Peter Ogden / James White				Tel: [phone]

Notes to Editors:

About Ceres Power

Ceres Power (http://www.cerespower.com) is a world-leading developer of low cost, next generation solid oxide fuel cell ("SOFC") technology. Its asset-light licensing model has seen it establish partnerships with some of the world's largest engineering and technology companies, such as Weichai in China, Bosch in Germany, Miura in Japan, and Doosan in South Korea, to develop systems and products that address climate change and air quality challenges for transportation, industry, data centres and everyday living.  Ceres Power is listed on the AIM market of the London Stock Exchange ("LSE") (AIM: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy.

 

END

 

 

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