Result of AGM

RNS Number : 6342U

Elektron Technology PLC

30 July 2015

 

Elektron Technology plc

("Elektron" or the "Company")

Result of Annual General Meeting ('AGM')

Elektron, the global technology group, announces that all resolutions were passed at its AGM held today, 30^th July 2015.

Detailed voting figures are as follows:

Resolution 1 - Approval of Directors' report and financial statements for the year ended 31^st January 2015

For 124,671,819 (97.02%)

Against 3,832,336 (2.98%)

Resolution 2 - Approval of the Director's Remuneration Report

For 122,757,853 (96.94%)

Against 3,876,656 (3.06%)

Resolution 3 - Reappointment of auditors

For 124,643,115 (99.65%)

Against 439,693 (0.35%)

Resolution 4 - Reappointment of Keith Daley

For 122,811,659 (95.58%)

Against 5,681,888 (4.42%)

Resolution 5 - Reappointment of Tony Harris

For 122,814,135 (95.58%)

Against 5,679,412 (4.42%)

Resolution 6 - Reappointment of Ric Piper

For 122,806,994 (95.57%)

Against 5,686,553 (4.43%)

Resolution 7 - Reappointment of Andy Weatherstone

For 122,818,800 (96.98%)

Against 3,824,747 (3.02%)

Resolution 8 - Reappointment of John Wilson

For 122,811,940 (95.58%)

Against 5,681,607 (4.42%)

Resolution 9 - Authority to allot shares

For 122,785,784 (95.56%)

Against 5,709,643 (4.44%)

Voting rights were exercised in respect of 4,846,000 shares held by participants of the Elektron Technology Joint Share Ownership Plan in co-ownership with the trustee of the Elektron Technology plc 2012 Employee Benefits Trust ('the Trust').

The total number of shares held by the trustee of the Trust is 15,075,650.  Voting rights were not exercised by the trustee in respect of 10,229,650 shares.

Keith Daley, Chairman commented "The Board is very grateful for the support of the vast majority of shareholders.  We remain totally focused on the restoration of shareholder value".

For further information:

Elektron Technology  www.elektron-technology.com	[phone]
Andy Weatherstone - Chief Financial Officer
Martin Reeves - Company Secretary
finnCap (Nominated Adviser, Financial Adviser and Broker)	[phone]
Ed Frisby/Scott Mathieson (Corporate Finance)
Malar Velaigam (Corporate Broking)

Notes to Editors

Elektron conceives, designs and markets innovative engineered products and services for businesses that connect, monitor and control

We have a multi skilled team of engineers, software and product line specialists based in Cambridge focused on the opportunities created by global trends in the following areas:

   --      New waves of "aware" business applications: Checkit

   --      Demand for ubiquitous power and data: Bulgin

   --      Growth in high precision manufacture: Queensgate

In addition, Elektron owns a portfolio of well-established products and brands that provide cash flow as well as customer access and feedback. 

 

END

 

 

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