Result of AGM

RNS Number : 3854C

Ceres Power Holdings plc

18 June 2021

 

18 June 2021

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 yesterday at Roffey Park Institute, Forest Road, Horsham, West Sussex, RH12 4TB, 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 period ended 31 December 2020, together with the reports of the Directors of the Company (the "Board") and the auditor of the Company on those accounts.	124,749,198 (100.00%)	4,388 (0.00%)	1,858,828	124,753,586	65.52%
2. To re-appoint BDO LLP as auditor of the Company, to hold office until the conclusion of the next Annual General Meeting and to authorise the Board, through the Audit Committee, to fix its remuneration.	122,160,279 (96.49%)	4,445,662 (3.51%)	6,473	126,605,941	66.49%
3. To elect Mr William Tudor Brown who will stand for election as a Director of the Company.	121,082,266 (96.37%)	4,559,163 (3.63%)	970,985	125,641,429	65.98%
4. To re-elect Mr Philip Caldwell, who is retiring by rotation, as a Director of the Company.	122,096,160 (96.44%)	4,512,713 (3.56%)	3,541	126,608,873	66.49%
5. To re-elect Mr Stephen Callaghan, who is retiring by rotation, as a Director of the Company.	120,355,764 (95.06%)	6,252,709 (4.94%)	3,941	126,608,473	66.49%
6. To re-elect Mr Aidan Hughes, who is retiring by rotation, as a Director of the Company.	120,934,000 (95.52%)	5,674,473 (4.48%)	3,941	126,608,473	66.49%
7. To authorise the Directors to allot certain shares pursuant to section 551 of the Companies Act 2006.	111,733,437 (88.93%)	13,909,409 (11.07%)	969,568	125,642,846	65.98%
8. To authorise the Directors to allot shares for cash without the application of statutory pre-emption rights in certain instances, as if section 561 of the Act 2006 did not apply.	123,211,819 (99.87%)	155,343 (0.13%)	3,245,252	123,367,162	64.79%
9. To further authorise the Directors to allot shares for cash without the application of statutory pre-emption rights in certain instances, as if section 561 of the Act 2006 did not apply, for the purposes of financing transactions.	120,557,839 (97.72%)	2,808,917 (2.28%)	3,245,658	123,366,756	64.79%

For further information visit ceres.tech or contact:

Ceres Power Holdings plc Elizabeth Skerritt		Tel: [phone]
Investec Bank PLC (NOMAD & Joint Broker) Jeremy Ellis / Patrick Robb/ Ben Griffiths		Tel: [phone]
Berenberg (Joint Broker) Ben Wright / Mark Whitmore		Tel: [phone]
Madano Harry Spencer/ Lewis Popplewell		Tel: [phone]

About Ceres Power

Ceres is a world-leading developer of next generation solid oxide fuel cell (SOFC) and electrochemical 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 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.

 

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